Earlier this week it was announced by the Saudi Embassy that King Salman bin Abdulaziz Al-Saud of Saudi Arabia decided to extend his holiday on Indonesia's island of Bali by three days. After signing 11 agreements on partnerships between Indonesia and Saudi Arabia with regard to various sectors, ranging from security to oil and gas, King Salman - who brought an entourage of 1,500 people to Indonesia - can now enjoy the beauty of Bali, the most popular holiday destination of foreign tourists in Indonesia.

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As reported previously, the Indonesian government plans to revise a law that bans foreign ownership of property in Indonesia (i.e. Government Regulation No. 41/1996 on Housing for Foreigners Residing in Indonesia). In a bid to boost tax revenue as well as the domestic property industry, the government will allow foreigners (expats) to buy, own, inherit and trade luxurious apartments that have a minimum value of IDR 5 billion (USD $375,000). It is important to note that any other type of property in Indonesia cannot be owned by foreigners.

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This article is for those foreigners who work in Indonesia on a limited stay permit (KITAS) that is initially sponsored by a local company (PT, PT PMA or Representative Office) but who want to change the sponsorship of their KITAS from the company to their Indonesian spouse (husband or wife).

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