Another silly law. You cannot get a bank loan if you are over 50 years of ageDubai would be dead based on that lawIf Indonesia really wants to grow it has to mentally change its approach to foreign participation on multiple angles Most Indonesian nationals under 40 agree but the system is so engrained in protection of nationals that the way forward is to throw the rule book away .That is what we did in middle east. What a power house. A clear unbiased labor law, a clear unbiased company law, purchase protection house ownership for all nationals.and so it goes onThink logically if say Lombok had a clear house purchase policy like Dubai . There would be at least 10 x 200 home modern international developments full.If Indonesia wants to solve it's problems it has to do a major rethink on all angles.Yes it is possible and yes it is rewarding.Harvey Lee a professional expatRegar - @Harvey Lee97
You can get a loan, but can you show income? As a comparably poor, non-working, unemployable foreigner, you can't get a bank loan at any age. Then it's worth noting, you can't get a loan without a KITAS. I get offered loans, credit cards, and anything else I fancy, but I don't use credit of any sort, so I always reject them.
I am over 50, so your point is rubbish.
Most Indonesians are very open to foreigners, even to the point where they are welcomed as friends, but local society is very much 'Indonesia first'. There's a very strong, very positive nationalism here. The above reply about younger Indonesians is utter rubbish. The rule book works very well, and what works should stay.
Much as the middle east is rich, many countries there simply don't have the manpower to fill jobs, so they bring foreigners in to fill in the gaps. Indonesia has a massive population, and the government is (quite rightly) putting them before foreigners.
As for foreign land ownership. Look at the massive house price increases in Bali. Stupid foreigners without a clue force up prices for locals, and that's just illegal ownership and the demand for tourist accommodation.
UUD 1945 does not allow foreigners to own land, and that's a very good thing that won't be changing any time soon.
As for massive development on Lombok - Bali is the only place in Indonesia I dislike. The place, especially the tourist hotspots like Kuta, has been destroyed by mass tourism with idiot foreigners without a clue doing whatever they like.Â
Lombok is a great place, and I don't want to see it end up a pigsty filled with drunken bogans in the way Bali has suffered.
Indonesia is bringing in a lot of foreign workers - specialists with something more to offer than a moan about how unfair the place is to people who have little clue about the country, how the place works, and a ME, ME, ME attitude.
Perhaps Dubai would suit you better.