First of all, sorry for the probably stupid question :D But it is not forbidden to hold and trade international stocks if you live in Indonesia, right? It´s just that Indonesian brokers do not offer the service to invest into international stocks so that you would have to find a broker from...
Since some of you seem to invest into the stock market: Do you use a broker from your homeland or do you use an Indonesian broker for your share portfolio?
One more question regarding this situation: When does the buyer usually have to pay for the land? The SHM is already issued but there is still the name of the seller on it. The seller will start the process of changing the name on the certificate now. Down payment was already done at the...
I might have drawn a wrong picture of him :D
I think he just wants to get an idea of the costs that could come up after the purchase. Since he does not plan to live there in the near future, he is not in a hurry to have the mentioned improvements done and did not calculate these expenses in...
Thank you for the feedback. That might explain it then.
My friend is thinking about how to deal with this situation now and I am not quite sure what to recommend him because I have no experience in buying land in Indonesia myself - only that information from reading in this forum.
Since, on...
A friend of mine was in the process of buying land. Sporadik certificate already existed and the seller started the process of SHM after they agreed on a contract which was drawn up by a notary my friend chose.
But after SHM was issued, the land was bigger than stated in the sporadik...
Fair point. In some areas, I heard, it is also possible to get water delivered by a water truck which fills up the water tank of the house then. Might also be a solution if drilling leads to financial (or other) problems. But I don´t know the average costs of the water delivery suppliers. And...
I just wonder why the notary would do so and why the notary would not insist on everything going by the rules. I mean, the notary would get in quite a trouble as well if it comes to light that an incorrect amount was declared, wouldn´t he/she?
Then I assume...if you get into that situation where your counterpart does not want to declare the real transactional amount, you would have 3 possibilites?
1) Step back from the transaction. This could be quite difficult. And maybe not a realistic option if you already transferred a down...
About the bullet point in bolt:
Since I heard that this really happens sometimes, I wonder how one should behave in that situation. How should the buyer behave if the seller wants to "lower" his part of the taxes? If I am still up-to-date, the buyer has to pay 5.0% taxes and the seller 2.5%. If...
My case is quite similar. Due to the pandemic and due to health problems of my wife, we were not able to leave Indonesia until some months ago. Therefore, we´ve spent more than 183 days in Indonesia this year. I have a NPWP because I was told it would be easier to open a bank account when having...
Do you mean "and" or "or"? Because all notaries we met told us it is sufficient to register at catatan sipil. There was no need to register in court as well. Maybe since they are linked nowadays, registration at catatan sipil is sufficient?
I am a bit sceptical regarding that field. But if I had to choose, I would prefer Airbus since Boeing still has a big problem beside this corona crisis (737 max) and, at least, Airbus did not have any cancellations in April.
In your opinion, what speaks for Boeing compared to Airbus? I think...
Meanwhile, I also built my first position of Shell. I am not a big fan of oil related companies, but from a purely financial perspective, I see an opportunity there at the moment. But that is only my personal opinion, no recommendation :)
Sorry that I did not respond earlier. I have not been that active here the past weeks. In our case, it was like centurion described: No registration in court needed, we registered in catatan sipil. In our case: married abroad.
I am a bit surprised that it is such an issue in Jakarta. On Lombok, it was easy to find a notary for arranging a post-nup. And it costed us only 1 juta.
But I also heard of prices from 3 to 5 juta...and Jakarta probably is just a bit more expensive, so probably no need for you to feel ripped...
Probably the most reliable way. Although, of course, you need to consider other possible explanations for an increase or decrease of the number. Increase of the population in the last 12 months, small change in the demography. Also disasters like the flooding in the beginning of this year -...
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