Indonesia extends full VAT incentive on residential property purchases
Indonesia has extended its full value-added tax (VAT) incentive on residential property purchases until the end of 2025, in a bid to sustain household demand and support economic growth.
Jakarta (VNA)✅ – Indonesia has extended its full value-added tax (VAT) incentive on residential property purchases until the end of 2025, in a bid to sustain household demand and support economic growth.
The incentive, known as government-borne VAT (PPN DTP), had initially been set at 50% for the second half of 2025. However, under Finance Ministry Regulation (PMK) No. 60/2025, enacted on August 25, the government decided to keep the subsidy at 100%. The policy covers transactions made from July to December 2025.
The scheme provides a full VAT exemption for the portion of a property’s selling price up to 2 billion IDR (122,000 USD). Eligible purchases include landed houses or apartments priced at a maximum of 5 billion IDR.
The incentive is only available for one unit per individual buyer. Indonesian citizens must register using a tax ID number (NPWP) or national identity number (NIK), while foreigners are also eligible provided they hold a tax ID and meet property ownership requirements./.
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