Leasing V’s Ownership For Foreigners

Leasing V’s Ownership For Foreigners

NOTE: A leasehold is an ownership of a right to hold land or property in which a lessee or a tenant holds the rights of real property by some form of title from a lessor. A leasehold is a form of property tenure where one party buys the right to occupy land or a building for a given length of time.

As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold differs from a freehold where the ownership of a property is purchased outright.

Indonesia bars foreigners from freehold property ownership but allows foreigners to legally enter into leasehold agreements.

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