CAMBODIAN PROPERTY IS A GEM IN THE ROUGH

Upside in the horizon for Cambodian real estate

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Q1 Is now a good time for foreigners to invest in property in Cambodia?

Cambodia is a developing country that’s politically stable with a government focused on building up its agriculture, construction, banking and real estate sectors. With a high population growth, the demand is expected to be strong for housing in the coming years. To attract foreign investors, the government has allowed foreign ownership with no currency restrictions, low taxes, freehold tenure and a relatively easy pathway to residency or even citizenship. The potential upside is huge meaning high investment returns in a largely dollar economy. Best of all, prices of land and houses are still cheaper than many other ASEAN countries.

Q2What types of property can the foreigner invest in?

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c3Roeung Sophon Rith is owner of Roeung Rith Consultancy with clients ranging from government ministers to business enterprises

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