LEASEHOLD
Regulation for Foreigner
Leasehold Regulations :
- Duration: The lease lasts for 30 years.
- Tax: 11% of the contract price.
- Notary Fee: 1% of the contract price.
- Management Fee: IDR 10,000 per square meter times the land area, billed monthly. This fee applies for the first two years from the date of handover and covers:
- Security services
- Common area maintenance
- Villa yard upkeep
- Swimming pool maintenance.
Any changes to the Management Fee after the initial two years will be communicated in advance. To renew the lease after 30 years, you'll need to account for VAT and the then-current notary fees.
For a leasehold, one must possess a KITAS. The initial 30-year lease can be immediately extended from the beginning. For example, you can extend it by 30 years twice, totaling 90 years. The notary fee for each extension is 1% of the respective contract price. In the case of the 90-year extension mentioned, the total notary fee would be 3 times 1%."
Note: KITAS is an acronym for "Kartu Izin Tinggal Terbatas" which translates to "Limited Stay Permit Card" in Indonesia.
More Information contact our Team :
Unlock the potential of long-term property investment with our leasehold options. Whether you're an expatriate with a KITAS or a local resident, enjoy a robust 30-year lease that can be promptly extended up to 90 years. With transparent fees, including a modest 1% notary charge for every 30-year extension, our leasehold properties present an attractive opportunity for savvy investors. Dive into hassle-free property management, state-of-the-art security, and dedicated maintenance, all ensuring your asset's longevity and growth. Discover the future of property leasing with us today
Feel Free to Contact our team : +6281339136325
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