Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)

Controversy on Regulation of Foreigners Property Ownership in Indonesia

Authors
Listyowati Sumanto
Faculty of Law, Universitas Trisakti Jakarta, Indonesia
*Corresponding author. Email: listyowati@trisakti.ac.id
Corresponding Author
Listyowati Sumanto
Available Online 3 December 2021.
DOI
10.2991/assehr.k.211203.065How to use a DOI?
Keywords
Foreign; Property; Regulation of property
Abstract

This article aims to analyse the principles of land ownership by foreigners in the era of globalization in Indonesia. Copyright Law No. 11 of 2020, or omnibus law that grants foreign rights to sectors that own land and housing. The purpose of this law is to encourage foreign investment and boost the country’s economic growth. Data is qualitatively analysed, and inference statements are used in deductive logic. Legal documents relating to the arrangement of foreign property are specifically intended to be used as a guide for an investigation. This study shows that although this policy has good faith, there is still much controversy regarding concessions on ownership of apartments and housing units to foreigners. Solutions provide processes to prevent them.

Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Download article (PDF)

Volume Title
Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
3 December 2021
ISBN
978-94-6239-476-6
ISSN
2352-5398
DOI
10.2991/assehr.k.211203.065How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Listyowati Sumanto
PY  - 2021
DA  - 2021/12/03
TI  - Controversy on Regulation of Foreigners Property Ownership in Indonesia
BT  - Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)
PB  - Atlantis Press
SP  - 291
EP  - 296
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211203.065
DO  - 10.2991/assehr.k.211203.065
ID  - Sumanto2021
ER  -