Job Regulation Grants Strata Tittle to Foreigners for Apartment | KF Map – Digital Map for Property and Infrastructure in Indonesia
Job Regulation Grants Strata Tittle to Foreigners for Apartment
Tuesday, 6 October 2020

Under the Omnibus Law on Job Creation, foreigners will be allowed to hold a (right-to-build) title ownership of a strata title for the high-rise residential or apartment. The regulation is contained in Article 144 of Cipta Kerja Regulation. In addition, the ownership title can also be pledged for bank loans as regulated in the Article 114 verse 3 of the Regulation.

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