OBS_VALUE: Acquisition of land and real estate is not prohibited but foreigners can only be granted a right of use (known as Hak Pakai) for 30 years with possible extension for another 20 years. Land ownership must remain with the Government or an Indonesia citizen. Prior to 2021, eligibility for Hak Pakai required a special limited stay permitted (Izin Tinggal Terbatas or ITAS). However, this has been lifted in February 2021 in an effort to promote foreign investment and economic development through opening the real estate market to foreigners. 