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The Government of the Republic of Indonesia intends to develop the utilization of land for foreigner by giving rights to foreigners to own land/property in Indonesia.

The tumultuous global outlook as evidenced by Russia-Ukraine war and natural gas crisis in Europe have led to pessimistic economic projections into the following years.

The Indonesian Government has implemented policy directives to strengthen the Land Management Rights (Hak Pengelolaan Tanah or "HPT"), land titles, Condominium/Apartment Units.

In Indonesia, real estate and agrarian matters are mainly regulated under Law No. 5 of 1960 on Basic Principles of Agrarian Law ("Agrarian Law").

We had the honor of collaborating with ICLG.com in their 2023 Real Estate Laws and Regulation guide. In this edition, our Senior Partner, Tony Budidjaja was assisted also by Muhammad Ghiffari...

Please briefly describe the main laws that govern real estate in your jurisdiction. Laws relating to leases of business premises should be listed in response to question 10.1.