In Reply to: 2010 Land Ownership???? posted by fizgig on Sunday, 20. September 2009 at 21:15 Bali Time:
tastebuds!
(2/21/2009) The Jakarta Post reported on February 18, 2009, that President Susilo Bambang Yudhoyono has ordered the National Land Agency and members of his cabinet to "conduct an in-depth study" into the feasibility and effects of changing current law to allow foreigners the direct ownership of a home in Indonesia. Current law explicitly forbids land and property ownership by non-Indonesians. In the past, efforts to liberalize those rules to allow foreign land ownership have been thwarted by the Indonesian Constitutional Court who have consistently ruled such measures would violate the 1945 Constitution.