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60,000 Will Buy Property Expatriates in Indonesia

interests of foreign citizens (foreigners) to purchase property in Indonesia is very high. The existence of property investment by foreigners is expected to increase state revenues and increase foreign exchange.

"Interest foreigners to buy property in Indonesia is very high. It certainly can provide a significant contribution to government revenue, "he said during a news conference Menpera with the reporters who joined in the People's Housing Forum Journalists (Forwapera) in Jakarta.

Menpera explained, based on calculations performed Kemenpera, revenue can be obtained from the state direct investment by foreigners buying property in Indonesia could reach about two to three billion U.S. dollars. Property prices in Indonesia today is quite cheap compared with the existing properties in neighboring countries. Therefore, many foreigners are interested in buying property in Indonesia.

"Some 60,000 expatriates in Indonesia's even willing to buy property in Indonesia," Menpera light.

One issue that emerged related to this case, Menpera said, is how the foreigners buying property in Indonesia. Did they buy a property through local banks or foreign banks. For that, Menpera said that his party was reviewing the rules regarding property ownership by foreigners.

Menpera hoped regulations on property ownership by foreigners could be completed before the meeting in Bali FIABCI next few months.

In addition to a recycling campaign to foreign property, in meeting the government also wanted to demonstrate achievement in order to address the problem of global climate change.

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