Owning a motorbike

Digitarius

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Feb 25, 2019
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Here in Yogyakarta I went to a Yamaha dealership and looked at a few bikes. The salesman, who really isn't a salesman, only answered questions I asked and never took the initiative to try to sell me a bike hahaha. Later he told me I would have to purchase the bike in an Indonesian name because foreigners are not allowed to buy motorbikes in their name. He even offered his name if I bought the motorbike.
Is this true in all of Indonesia or just in Yogyakarta ? I have never heard of this before until today. I will not buy a motorbike in another persons name that means they own it and I would need their permission to sell it or whatever. Anyone else have this issue come up around Indonesia ?
 
He is sort of correct. You need a KITAS to have a motorbike in your name.
 
Here in Yogyakarta I went to a Yamaha dealership and looked at a few bikes. The salesman, who really isn't a salesman, only answered questions I asked and never took the initiative to try to sell me a bike hahaha. Later he told me I would have to purchase the bike in an Indonesian name because foreigners are not allowed to buy motorbikes in their name. He even offered his name if I bought the motorbike.
Is this true in all of Indonesia or just in Yogyakarta ? I have never heard of this before until today. I will not buy a motorbike in another persons name that means they own it and I would need their permission to sell it or whatever. Anyone else have this issue come up around Indonesia ?
That's not true, but is a common misunderstanding. If you have KITAS or KITAP you can purchase a vehicle in your name.
 
Piggybacking on this thread...so if one has KITAP, then all you have to do is pretty much just give KTP, NPWP and the cash to buy..right? I've heard that if you buy outright (no credit) they don't even ask for NPWP? I've always used either company's car or buy under parent's (old car)...buying under my father's name would be pretty expensive since it'll be taxed under progressive rate.

2nd question...so even though this will be considered an asset, (maybe there's an obvious answer to this)...we don't have to report this as our overseas asset to the IRS? (only bank accts / deposits /stocks as part of FATCA?)

edited: 3rd question...like the KTP OA vs Indonesian KTP, buying with KTP OA, will there be some kind of indication of foreign ownership in the BPKB/STNK?
 
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I found a dealership who was willing to sell me a motorbike in my name so I'll get the new Yamaha Aerrox 155 for a good price. It's better looking and feel better than the new Honda PCX 160.,
 
Hello Digitarius , I have same problem , can I know where you buy the motorbike?
Thank you
 
Hello Digitarius , I have same problem , can I know where you buy the motorbike?
Thank you
Hello and yes I bought the motorbike at PT. Sumber Baru Rejecki in Sleman region of Yogyakarta. It was quick and very professional and completed with no problems at all. I got the so called BPKB/STNK book in about 30 days.
 
Hello and yes I bought the motorbike at PT. Sumber Baru Rejecki in Sleman region of Yogyakarta. It was quick and very professional and completed with no problems at all. I got the so called BPKB/STNK book in about 30 days.
Digitarius thank you very much.
 
2nd question...so even though this will be considered an asset, (maybe there's an obvious answer to this)...we don't have to report this as our overseas asset to the IRS? (only bank accts / deposits /stocks as part of FATCA?)

According to Chamberlain, vehicles owned in your name directly are not reportable under 8938 or FBARs. It may be different if you own it in a corporate entities name.

 

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