Indonesia Debates Landmark Property Law Revision: Extending Foreigners’ Right of Use While Sparking Industry Division and Economic Safeguard Concerns

The Indonesian Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) is actively reviewing Government Regulation No. 41 Year 1996 concerning foreign ownership of property in Indonesia, a move…

Indonesia Eyes Property Ownership Rule Overhaul for Foreigners, Sparking Debate and Economic Hopes

The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) is actively pursuing a significant revision to Government Regulation (PP) No. 41 of 1996, a move poised to reshape…