Buying Process for Cambodia Property
Cambodia has undergo drastic changes from an underdeveloped nation to a widely urbanized Kingdom with massive developments and improvements in Manufacturing, Real Estate, Tourism, Banking and Agriculture sectors. In fact, Cambodia has one of the fastest GDP growth in South-East Asia averaging 7% per year, and tourism has also hit record high of around 5 million tourists for the first 10 months of 2017, a 10 percent increase in foreign visitors from the same period in 2016 with tourists mainly from Asian countries.
Cambodia also has close ties with China and will be part of China’s One Belt One Road Initiative that will bring in massive investments into improving its infrastructure and aids in its vision to becoming a middle-income country by 2030.
Cambodia has been hailed as one of South East Asia 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.
to be continued at https://investintproperty.com/buying-process-for-cambodia-property/
No comments:
Post a Comment