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Also known as a “Surat Keterangan Waris” in Indonesian, the inheritance deed outlines the rightful beneficiaries and their respective shares in the inheritance as per the relevant laws and regulations in Indonesia. In property, this deed is mostly used for a foreigner who wants to purchase a property in Indonesia.
Since a foreign individual cannot own a property in Indonesia, the only way to possess one is when they are married to an Indonesian, so that they can buy a property using the name of their spouse.
The Inheritance Deed comes in handy when handling this matter to separate the assets of the spouse from the foreign individual.
It is essential to understand and comply with the right terms and conditions associated with conducting an inheritance deed, including legal requirements, necessary documentation, professional fees, and estimated timelines. Consulting with professionals in the field can help ensure a smooth and successful inheritance transition in Indonesia.
By engaging in the Inheritance Deed Consultation Service from Lets Move Group, our clients can benefit from legal expertise, proper documentation, a simplified process, and customized solutions.
Our expert teams are located across Jakarta & Bali, ready to assist you completely with a hassle-free Inheritance Deed process!
An inheritance deed in Indonesia can be created by a notary public or a licensed legal consultant specializing in property and inheritance matters. They play a crucial role in ensuring the document’s legality and authenticity.
The time to complete the inheritance deed process can vary based on the complexity of the case, the number of heirs involved, and any potential legal challenges. Typically, it may take a few weeks to a few months to complete the entire process.
Yes, foreigners can inherit property in Indonesia through an inheritance deed. However, there are restrictions on foreigners owning certain types of properties, such as land with the “right-to-build” status (Hak Guna Bangunan/HGB) or land with “right-of-use” status (Hak Pakai). Foreign heirs must comply with the relevant property ownership laws and regulations.
Reliable inheritance legal consultants like Lets Move Group can provide valuable assistance in a variety of ways:
Our journey started in 2016 with the sole aim of becoming the most ethical property and real estate agent in Indonesia. Our dream is to be a complete solution for the needs of expatriates, offering comprehensive solutions for property investment in Indonesia. Find Out More »
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