Yes — open to PMA up to 100%.
Sector oversight by Ministry of Public Works; NIB is the only license needed and Emerhub files it for you.
- Foreign ownership
- 100% PMA
- Sector regulator
- Ministry of Public Works (PUPR) / BPN (Land Agency)
- Min. paid-up capital
- IDR 2.5B paid-up · BKPM Reg. 5/2025
- Issuing authority for PMA
- Minister/Head of AgencyMinistry-issuedDomestic registrants route through Regent/Mayor instead.
- Risk + license type
- Medium-Low·NIB + Self-declared Standard Cert.
- Setup timeline
- PT PMA setup 4–8 weeks; Emerhub files the Standard Certificate after NIB.
What's specific to this sector
- 01
Property development is open to 100% PMA, but foreign individuals cannot directly own freehold land — only HGB (Building Use Right) or Hak Pakai (Right of Use).
- 02
Real estate companies must comply with PT PMA capital rules and developer-licensing requirements.
- 03
Strata-title (apartment) ownership rules differ from landed property; verify current foreign-ownership thresholds.
