Although the government of Indonesia recently decided to allow foreigners to buy landed houses and apartments in Indonesia (while setting a minimum value on property that foreigners are allowed to purchase), there are yet to surface reports of expats buying Indonesian property. There are several matters that can explain foreigners' lack of enthusiasm to invest in property in Indonesia. Indonesian property association Real Estate Indonesia (REI) has several proposals to make it more attractive for expats to buy real estate in Indonesia.
Update COVID-19 in Indonesia: 497,668 confirmed infections, 15,884 deaths (23 November 2020)
23 November 2020 (closed)
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