Buying Property in Cambodia

Buying Property in Cambodia

Cambodia has been hailed as one of South East East best property investment destinations. It is supported by Strong Economic Growth (averaging 7% for the past decade), Increasing Local and Foreign Direct Investments (FDI), Booming Tourism (record high tourists in 2017), a Rising Middle Class, Abundant of Strong and Young Workforce and Political Stability. The Cambodia property market demand and price has undoubtedly picked up strongly. Future Growth looks extremely positive as it is part of China's One Belt One Road Initiative that will see massive investments into its infrastructure and aid in its vision to becoming Middle- Income Country by 2030.

The Property Market has generated much interest and ever since the new housing law (in April 2010) was introduced, Foreigners are now allowed to own properties in Cambodia on Freehold Basis and up to a max cap of 70% quota of any Condominium Developments. Foreigners are not allowed to own Land outright in Cambodia unless it is a joint venture with their local partners.

Cambodia Property Tax on the other hand has remained low which opens up a window of opportunity for investors looking for High Capital Growth and Rental Yield.

Here is a Guide on Buying Property in Cambodia; to be continued at https://investintproperty.com/buying-property-in-cambodia/