Inheritance Deed Planning

Property Legal Services

Inheritance Deed - Who is it for and what are the benefits

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.

Benefits of Planning Inheritance Deed with Lets Move Group

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!

Steps to Apply for an Inheritance Deed in Indonesia

  • Consult the assets you would like to include on the Deed.
  • Our notary team will assist with drafting the Deed.
  • Once finished, we will contact you to schedule to seal the Deed.

Frequently Asked Questions

Who can create an inheritance deed in Indonesia?

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.

How long does it take to complete the inheritance deed process in Indonesia?

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.

Can a foreigner inherit property in Indonesia through an inheritance deed?

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.

How can a legal consultant assist with an inheritance deed in Indonesia?

Reliable inheritance legal consultants like Lets Move Group can provide valuable assistance in a variety of ways:

  • Advising on the inheritance process and applicable regulations
  • Draft and prepare Inheritance Deeds - Assist in the collection of necessary documents and proof of ownership
  • Ensure fulfilment of legal formalities
  • Register the inheritance deed with the relevant agencies

Get Your Free Consultation Now!

Latest News

Tahun 2024 menjadi tahun yang penuh dinamika bagi industri properti Indonesia. Di satu sisi, pasar properti residensial menunjukkan stabilitas relatif, dengan indeks harga properti komposit-16 hanya naik 1,74% selama 2023. Di sisi lain, sektor properti di kalangan ekspatriat menunjukkan peningkatan bertahap di awal tahun 2024. Bagi investor cerdas, situasi ini menghadirkan peluang menarik untuk memanfaatkan […]

Owning an apartment is a popular housing choice nowadays. However, before purchasing one, it's important to understand the differences between the Strata Title Certificate for Apartment Units (SHMSRS) and the Building Ownership Certificate (SKGB).

For many Indonesians, owning property is a significant investment in life. Whether it's a residential house, apartment, or land, property can be a source of financial security and future stability.

Finding the ideal home in South Jakarta, a vibrant and glamorous metropolitan area, can be an adventure. For those who are not ready to make a long-term commitment, have high mobility, or want to try living in various locations, it is better to rent a property in Jakarta than to buy. Renting offers flexibility and convenience, allowing you to relocate with ease [...].

Purchasing property in Indonesia with PT PMA, is it possible? A PMA, or Foreign Investment Company, is a form of legal entity that can be used by foreign investors to own a company in Indonesia. In addition to its corporate function, PT PMA is also said to be the safest way for foreigners to own property in Indonesia. PT PMA allows foreign companies to [...]

Home Ownership Loan (KPR) is a financial solution for individuals who want to own a house without having to spend all the funds at once. Mortgages generally use personal assets as collateral, but is it possible to pledge company assets for a mortgage? The answer is yes, a mortgage with company assets as collateral is possible. However, there are several things to consider, such as the type of legal entity of the company and the provisions [...]

Primary Property

Interest Rate

Floating Rate

Primary Mortage

Rate information

Interest rate is 4.7% fixed for the first 3 years, after that, the rate will move to a floating rate (currently 11%)

Requirements

  • Permanent employee/self-employed for at least 1 year in the same company/total 2 years of work
  • Professional/Businessman working for at least 2 years in the same field
  • At least 18 years old or married

General Personal Requirements

  • Photocopy of husband’s / wife’s ID card (if married)
  • Photocopy of Family Card
  • Copy of Marriage Certificate (if married)
  • Photocopy of Tax ID Number of Applicant
  • Salary Slip / Certificate of Income for the last 1 month original
  • Photocopy of 3 months bank statements
  • Developer’s House Booking Letter / Broker’s Cover Letter

*Disclaimer