Lombok Real Estate and Property Investment Services Lombok Indonesia
Email : titik2010@gmail.com
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How To Acquire overseas investors property & real estate in Lombok island Indonesia.
Under Indonesian law foreigners are not allowed to own freehold property title in Indonesia. However non-Indonesians can legally acquire property and real estate enjoy the full rights of property ownership through a number of alternatives summarized as follows:
1. Freehold (Hak Milik): Enter into a legal agreement with and Indonesian nominee, either and individual or a company, whereby they hold the title to the property. Simultaneously enter into a power of attorney, handing over full rights from the Indonesian nominee to the foreign party.
2. Lease: Make a leasehold agreement investment in the foreigner’s own name, usually for 20-30 years, which is extendable. This method does offer full legal protection to the foreigner during the term of the lease; however, once the lease term has expired the property reverts to the owner unless extended.
3. Corporate ownership: Form a foreign investment company, which can be solely owned by a foreigner, and the title of the property will be in the company name. However, title in this case will last up to 30 years, as companies have to re-apply to the Indonesian Government to extend their license for a further period. And available used personal name Indonesian nominee for the forever period
If using in Indonesian to act as a potential foreign investors there are a number of contracts and other documents must be prepared signed in front of by notary quality. These include the purchase or leasing contract for the transfer of property from previous owner to the prospective; a loan agreement for the purchase or rental price between the investor and the nominee; and irrevocable and transferable power of attorney to sell, transfer or otherwise dispose of property and to represent nominee in any dispute about the property, given the potential to investors. The nominees will also be asked to submit all the original land titles to foreign investors. We can handle this with a good solution, please contact us via email at: titik2010@gmail.com
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2 komentar:
looks like a good investment...
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