| | | | | | | | | | | | | | | | | |||||||||||||||||||
![]() | | |||||||||||||||||||||||||||||||||
| | ||||||||||||||||||||||||||||||||||
| | ||||||||||||||||||||||||||||||||||
|
Property Ownership Procedure.
Adopted from Indonesian Agrarian Law No.5 year 1960 Indonesia's land legislations do not recognize the concept of freehold land rights. Instead the various rights attached to the land are subdivided into separate titles. a. The Land Cultivation Right (HGU) is the right to use a State Owned Land for the purposes of agriculture namely plantation, fishing, or cattle rising. By law the title is granted for a maximum period of 35 years, but can be extended to 25 years if the land is properly used and managed. This title of right is given to Indonesian individual(s) or legal entities domiciled in Indonesia including PMA companies. It can be used as a collateral or transferred to other party with the government approval. b. The Right of Building on Land (HGB) is the right to construct and own buildings on a piece of land that one has purchased. The title is granted for a maximum period of 30 years and can be extended for a maximum period for 20 years for Indonesian individual(s) and /or legal entities domiciled in Indonesia, including PMA companies, and can also be used as a collateral or transferred to other party. This is also applicable and generally granted to tenants in industrial estates. c. Right of Use on Land (HP) is the right to use land for a specific purpose and granted for a period of 25 years and can be extended for period of 20 years or as long as the land is used for a certain (normal) utilization. Now, this right can also be used as a mortgage. In addition, it can also be transferred to other party through a government approval. A dwelling house or a residence that can be owned by a foreign person shall be:
Visa and Immigration Permits.
Socio Culture Visa Initial Cost: IDR 200,000 Validity: 6 months
Document from Applicant: Copy of Passport. Photograph: 3x4 cm (red background).
This visa needs to be extended each month after the first 60 days on a monthly basis, the cost to extend this visa is IDR 450,000 - IDR 500,000. Please be noted once you leave Indonesia your visa will be automatically cancelled.
Single Entry Business Visa. Initial Cost: IDR 600,000 Validity: 6 months. Business Visa holder has a right to arrange a meeting with business association, doing a company inspection very much use by the investor or businessman who wants to make a research for set up a cooperation ship with future business partner. In order to get this visa, you need to be sponsored by Indonesian Company. This visa needs to be extended each month after the first 60 days on a monthly basis, the cost to extend this visa is IDR 450,000 - IDR 500,000. Please be noted once you leave Indonesia your visa will be automatically cancelled.
Document from Indonesian Sponsor:
Document from Applicant: Copy of Passport. Photograph: 3x4 cm
Multiple Entry Business Visa. Initial Cost: IDR 1,200,000 Validity: 1 year.
Basically this visa is similar with Business Visa with more facilities: Multiple Exit - Entry Permit that means that this visa holder can come and leave the country any time without the visa being cancelled, to obtain this Visa you need to be sponsored by Indonesian company. This visa needs to be extended each month after the first 60 days on a monthly basis, the cost to extend this visa is IDR 450,000 - IDR 500,000. Each time you enter Indonesia in within 12 months, you can stay up to 60 days.
Document from Applicant:
Document from Indonesian Sponsor:
KITAS & Working Visa. Initial Cost: IDR 4,500,000
Foreign work in Indonesia must have a working Visa with validity: 5 years for the company owner and 3 years for the company staff. This Visa needs to be renewed every year and the renewal time will take 15 - 30 working days. To obtain this visa you need to be sponsored by company reside in Indonesia.
Document from Applicant:
Family Visa (dependant). Initial Cost: IDR 3,500,000 Family visa is design for foreign married with Indonesian or the dependant of foreign worker. Validity of this visa is adjusted to the primer visa holder.
Document Required :
a. Indonesian Husband.
b. Foreign Husband (for foreign wife and children).
c. Document from applicant:
Retired Visa. Initial cost: IDR 7,500,000 This Visa is valid for 5 years
To have a retirement visa the applicant should qualify for the following condition:
Document Required:
Visa extension needs to be made every year and the processing time will be 30 days and the cost of each extension: IDR 7,500,000
Notice ! Before traveling out of Indonesia, KITAS holder has to obtain Exit and Re-entry permit and pay Fiscal as much as IDR 1,000,000.
Exit and Re - entry Permit Cost: - Single (valid for 3 months): IDR 450,000 - IDR 550,000 - Multiple (valid for 6 months): IDR 600,000 - IDR 800,000
Land and Building Tax. Land and Building Tax is payable annually on land, buildings and permanent structures. The effective rates are nominal, typically not more then one tenth of one percent per annum (0.1%) based on the Government Value of the land and building. | | ||||||||||||||||||||||||||||||||
|
for more information, email us: | | |||||||||||||||||||||||||||||||||
| | ||||||||||||||||||||||||||||||||||
|
copy right balidreamhome.com 2004 | | |||||||||||||||||||||||||||||||||
| | ||||||||||||||||||||||||||||||||||