Russian Journal of Agricultural and Socio-Economic Sciences (Aug 2024)
RIGHT OF USE AGREEMENTS AS AN ALTERNATIVE TO LAND OWNERSHIP FOR FOREIGN NATIONALS IN INDONESIA
Abstract
One of the forms of ownership of land rights for foreigners in Indonesia in addition to being given the Right to Rent is the Right to Use which is very attractive, because the granting of a very long period of time can be up to 80 years, and can provide opportunities for economic value on the status of land in the form of financial value. The Government of Indonesia formed a regulation granting the status of Land Use Rights for Foreign Citizens is for private residences, but in reality Foreign Citizens secretly use the status of Land Use Rights for business activities such as: villas, elite boarding houses, cafes and restaurants because of the absence of strict regulations and supervision and sanctions from the Government of Indonesia to Foreign Citizens as applicants and users of the status of Land Use Rights imposed on land owned by Indonesian Citizens.