Invest in Indonesia: how choose the right Indonesian partner?
You must select the right person to “own” your property or land. This may take some time and asking around. Talk with foreigners in your area and take your time. Properties can be owned by companies, such as a PT or a PMA. A PT is an Indonesian “Limited” and a PMA is a foreign Investment company, which can be owned 100% by foreigners. The PMA property license has to be renewed every 20 or 30 years. Setting up a PT costs about 7 to 10 million rp and a PMA around 35 million rp.