19 Nov '16, 1pm

Foreign land ownership in Cambodia.

Parts of Cambodia’s southern coast, such as Sihanoukville, are lucrative for foreign property investors. When it comes to real estate investment in Southeast Asia, Cambodia is hard to beat. The oversupply situation in Phnom Penh might cast doubt over that notion, but in other areas of the country, foreign property investors are seeing more opportunities. This is especially true in parts of the country’s southern coast, such as Sihanoukville. Cambodia is also particularly lucrative for American investors, since the US dollar is widely circulated there. The most straightforward way in which foreign investors can gain access to property and land ownership in Cambodia is to become citizens, after which they have the same rights as native Cambodians. A foreign investor can do so by donating a minimum of KHR1 billion (S$349,565) to the Royal Government of Cambodia’s national bud...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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