What information is worth paying attention to if you want to invest in Cambodian real estate?

Cambodia is located in Indochina Peninsula, bordering Thailand in the west and northwest, Laos in the northeast, Vietnam in the east and southeast, and the Gulf of Thailand in the south. The total population of Cambodia is about160,000, with Khmer accounting for 80%. Cambodia, known as Khmer in ancient times, is an ancient civilization with a long history. As early as 1 century, a unified kingdom was established. The Angkor Dynasty in the 9th-14th century was the most glorious era in Cambodian history. 1863 became a protectorate of France. 1940 was occupied by Japan in September, and1953165438+/kloc-0 declared its independence on October 9. Cambodia has experienced a long war since 1970s. From 65438 to 0993, with the establishment of national authority and the realization of national reconciliation, Cambodia entered a new period of peace and development. Cambodia is a member of the Association of Southeast Asian Nations (ASEAN). Its economy is dominated by agriculture and its industrial base is weak. On July 65, 1965, 438+0, in 2006, the World Bank announced that Cambodia officially broke away from the least developed countries and became a low-and middle-income country.

I want to invest in Cambodian real estate. The following information is for your reference:

1. Pay attention to investment hotspots. Before buying a house, investors should go to the place where they buy a house, and take the time to learn about the real estate in various regions of the city, as well as the culture and characteristics of this place.

2. Pay attention to the exchange rate of foreign currency. Cambodia uses dollars and reais. Before buying real estate, investors should calculate the change of exchange rate and the required cost.

3. Choose internationally renowned developers. In the market of developing countries, it is more beneficial to investors if there are familiar developers.

4. Understand the taxes that property owners need to be responsible for. Overseas investors need to pay several taxes on properties invested in Cambodia, so before buying a house, we must first understand the calculation method of relevant tax costs.

5. Understand the taxes that need to be paid when selling or renaming a property, and pay certain taxes when selling or renaming a property in Cambodia. Property sellers need to extract 20% of their capital growth or profits as profits tax.

Tips: The above explanations are for reference only. There are risks in entering the market, so investment needs to be cautious. Before you make any investment, you should make sure that you fully understand the nature of the relevant investment and the risks involved, and then judge whether to participate after detailed understanding and careful evaluation.

Reply time: 202 1-06-25. Please refer to the latest business changes announced by Ping An Bank in official website.

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