Can Foreigners Own Land Right In Indonesia?

Foreigners can own 2 (two) types of land rights in Indonesia, as follows: Right of Use; Right of Ownership over Stacked Units. Based on Article 49 paragraph (2) and Article 67 paragraph (1) of Government Regulation No. 18/2021 Concerning Management Rights, Land Rights, Residential Units, and Land Registration ("PP 18/2021"), states: Article 41 paragraph (2)