Can foreigners stay permanently when buying a house in Cambodia?

Cambodia is a rapidly developing market, and many investors regard this market as the next golden opportunity. Cambodia is also a non-immigrant country, so buying a house is not equal to immigration. Before investing in Cambodia, here are some things you must know and pay attention to. ...

Overseas people can invest in apartments.

Overseas people can only buy Cambodian apartments or sublet property houses. This means that the relevant land property rights belong to the developers, who divide the property rights into lease property rights and sell them after building the relevant properties. In fact, this type of real estate is generally a new project, mainly for overseas investment. Usually, this type of real estate is concentrated in the center of Phnom Penh or tourist destinations.

Investment in apartments also has some control.

When investors buy apartments, they must pay attention to the fact that the ground floor cannot be sold to overseas people. In addition, the number of overseas buyers of apartments cannot exceed 70%, and these must be made public to buyers. Developers will stop selling after reaching 70% of overseas buyers, which also means that overseas buyers should buy as early as possible so as to have more choices.