Entrepreneurs welcome the ease of buying real estate in the Republic of Ingushetia by foreign citizens

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Jakarta, Klinik Farma – The government provides convenience to foreign nationals (foreigners) to acquire residence in Indonesia. Only with passport capital can foreigners buy houses or apartments.

According to REI chairman Paulus Totok Lucida, foreign ownership of real estate in Indonesia only with passport requirements should be considered positively. The reason is that it can increase the value of existing property in Indonesia.

Meanwhile, property watcher Anton Sitorus said that until now, foreign nationals have been restricted by the rules for owning property in Indonesia. It is hoped that with the amenities provided by the current government, it will be able to revitalize the country’s real estate sector and economic growth.

Watch the full dialogue between Siafinaz Nachiar and REI Chairman Paulus Totok Lucida and real estate watcher Anton Sitorus on Klinik Farma, Wednesday (09/08/2023).

Watch live coverage of other Klinik Farma TV programs here.

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