FREEHOLD

 

In Asia, no foreign can buy land in his name, any land purchased is done with a nominee, this is called the FREEHOLD

All purchase of land is done in front of a notary between your nominee and yourself.

The nominee has the duty to sign simultaneous documents granting full authority on your asset.

A contract will be automatically done by providing a loan between the nominee and you, on the value of the land,

that is know as a mortgage.

A deed will be made before a notary, giving you full power to sell, lease, occupy the land without the consent of the nominee.

A deed will also be made in case of the nominee death leaving the usage of the land to your descendants.

 

 

 

 

We will assist you throughout the process, and we will take care of the all paperwork.

 

BUY A LAND IN SUMBA-INDONESIA