Hak Guna Bangunan vs Hak Milik

Hak Guna Bangunan is only the right to use a building for a certain period of time and then has to be extended. The owner of HGB land is the Indonesian government.

Only with Hak Milik do you actually own the land or building. Hak Milik does not need to be extended.

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August 26, 2008 - Posted by kie | Indonesia | buying property in Indonesia, how to own property in Indonesia, Indonesia, invest in property, property

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Indonesia can be a tricky place for a foreigner to purchase property as it is against the law for foreigners to own freehold land. However, there are legal, commonly used ways get around this stipulation, with one of three options generally considered. Foreigners can also purchase condominiums, as long as they don’t own the land on which the condo stands. As with all foreign property purchases, having the service of a local lawyer or solicitor is very important when buying property in Indonesia.

If you are interested in learning more about the legal issues of buying property in Indonesia without do mixed married you can ask me for advice

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