Capture ONGOING INVESTMENT COSTS 1

ONGOING INVESTMENT COSTS

Ongoing ownership of your private island or investment land in Anambas is absolutely minimal.

As a foreign investor, your private island investment is through a PT PMA company (Perseroan Terbatas Penanaman Modal Asing) and the majority of land ownership costs is therefore maintaining the company registrations, licenses and permits (where applicable) and not the land itself.

With regard to the property, the only fee levied in the Anambas province is the renewal and extension of the land title, which, every 25-30 years, will cost 1.5% of the land purchase price.

If you wish to utilise the land in the meantime, for example agriculture, some additional costs may be

  • If you wish to have staff permanently based on site, or utilise the land and surrounding waters for aquaculture, agriculture or similar enterprises, you will have approximate wage costs of US$250.00 per month per person, plus an additional months pay during Ramadan.
  • Land Use Right (Hak Guna Usaha/HGU) or Land Cultivation Right (Hak Guna Bangunan/HGB): If you plan to use land for your agriculture business, you may need to secure the appropriate land use rights. These rights are acquired through the National Land Agency (Badan Pertanahan Nasional/BPN) or other relevant authorities.
  • Cultivation Permit (Izin Usaha Pertanian/IUP): Depending on the specific agricultural activities, you may need an IUP. This permit is required for activities such as planting, farming, or animal husbandry. It is obtained from the local Agriculture Agency (Dinas Pertanian) or other relevant authorities.
  • Environmental Permit (Izin Lingkungan): An environmental permit is necessary if your agricultural operations have potential environmental impacts. It is obtained from the local Environmental Impact Management Agency (Badan Pengelolaan Lingkungan Hidup/BPLHD).
  • Other Permits and Certifications: Depending on your specific activities, you may require additional permits or certifications related to seed production, organic farming, pesticide use, or export/import regulations. It’s essential to identify any specific requirements related to your agricultural sector.

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