Thanks Fred2...I agree some things are done in Indonesia, even if against the law, and nobody cares. I just think it prudent that we advise, on the forum, according to law....and then others can accept or reject that caveat.
I 'own' two properties (an apartment in Jakarta and a villa in Bali) and was advised, by a lawyer, to defer from getting a legal document to say I lent the money as it might be construed I'm in the business of money-lending. Maybe just having one would fly under the radar.
My question about court cases really refer to any that the government has seen fit to charge to prove that a 'nominee owning HM property' is illegal. I already conceded there's been many civil disputes between foreigners and their nominees...but that is another matter.
If you enjoy work and getting paid well 'good on ya'. I've been retired since 1990, never worked harder and not been paid a cent....but enjoyed every minute....
davita, you indicate that you did not make a legal document to say that you lent the money for the asset purchase - so that you would not be construed as being in the money-lending business. However, in the absence of some kind of loan, how can the nominee explain the source of funds for the aseet purchase - if / when the tax office comes calling? Are you suggesting that the nominee should not report the asset in their SPT tax return? On the basis that the nominee did not actually fund the asset purchase and also does not actually own the asset?