invest-islands.com

3.9
3.9 Based on 20 reviews

Invest Islands is property investment firm specialized in acquiring premium assets below market value for you to take advantage of the S/E asian growth...

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Helene Baker
Not buy land as PMA, foreigners just can rent.

I purchased a piece of land, and I was advised that the best option was to create a PMA company. Now in 2024, after several years, the government is threatening to seize my land, citing that a PMA is a company and I do not have any business activities, taxes, or employees associated with it. As a result, I am at risk of losing everything. While this isn't a scam, it does feel deceptive. Regulation in Indonesia for foreigners is maximum 25 years of rent, don´t try to be tricky because you will lose all as me.

1
Date of experience: Feb 14, 2024

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Business Details

  • Invest Islands is property investment firm specialized in acquiring premium assets below market value for you to take advantage of the S/E asian growth

  • language https://invest-islands.com

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