Nominee agreements for foreign land ownership in Indonesia
Development summary
Nyoman Budiarta, Dewa Gede Sudika Mangku and Ni Putu Rai Yuliartini address the validity of nominee agreements used for foreign nationals’ acquisition of land in Indonesia through the lenses of private international law and the 2023 Omnibus Law on Job Creation. The article states that Indonesian law applies to land ownership under lex loci rei sitae, the law of the place where the property is situated.
