Presentation of the visual part of the future complex
Yes, a 30-year contract with the possibility of automatic renewal for 20 years at market value at the time of renewal. Total 50 years. Further extension in terms of time and cost must be agreed with the owner.
If you are buying a property to live in and not to generate income, you are not required to have a special visa. If your property is an investment from which you want to earn income, you need to form a proper company and pay the appropriate taxes in accordance with the laws of the Republic of Indonesia.
The amount of tax levied after the resale of real estate in Indonesia is set at 10% of the declared amount.