FOREIGN NATIONALS’ PROPERTY OWNERSHIP OF CONDOMINIUM UNITS POST-ENACTMENT OF THE JOB CREATION LAW: A COMPARATIVE STUDY OF INDONESIA, THAILAND, AND TURKEY

Inayatu Dzil Izzati, . (2025) FOREIGN NATIONALS’ PROPERTY OWNERSHIP OF CONDOMINIUM UNITS POST-ENACTMENT OF THE JOB CREATION LAW: A COMPARATIVE STUDY OF INDONESIA, THAILAND, AND TURKEY. Jurnal Kertha Semaya, 13 (7). pp. 1437-1450. ISSN 2303-0569

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Abstract

This study aims to analyze the regulations concerning property ownership by Foreign Nationals with respect to condominium units in Indonesia, Thailand, and Turkey, as well as to examine the conditions and restrictions on condominium unit ownership by Foreign Nationals in accordance with the prevailing laws and regulations in these countries. This research employs a normative juridical methodology with a statutory approach and a comparative approach. The findings indicate that the amendments to Law Number 6 of 2023 regarding the Ratification of the Job Creation Government Regulation into Law primarily reflect adjustments to global investment needs without disregarding the fundamental principle of nationality. This is due to the fact that condominiums in Indonesia adhere to the principle of horizontal separation, whereby an individual may own a condominium unit but does not directly own the land beneath it. Countries such as Indonesia, Thailand, and Turkey establish different legal mechanisms to accommodate foreign ownership of apartments, including imposing higher prices compared to local citizens, permitting the use of foreign currency in the purchase of apartment units, restricting ownership within certain economic zones, applying principles of reciprocity with the foreigner’s country of origin, as well as other provisions regulated under each country’s respective laws. Nonetheless, these regulations remain within certain limitations aimed at safeguarding national interests, social stability, and agrarian sovereignty.

Item Type: Article
Additional Information: [No. Panggil: 2110611304] [Pembimbing: Atik Winanti] [Penguji 1: Rianda Dirkareshza] [Penguji 2: Ridha Wahyuni]
Uncontrolled Keywords: Condominium, Foreign National, Principle of Nationality, Job Creation Law.
Subjects: K Law > K Law (General)
Divisions: Fakultas Hukum > Program Studi Hukum (S1)
Depositing User: INAYATU DZIL IZZATI
Date Deposited: 07 Aug 2025 06:59
Last Modified: 07 Aug 2025 06:59
URI: http://repository.upnvj.ac.id/id/eprint/38838

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