Buying property in Cambodia is becoming increasingly popular among foreigners. However, local laws and practices have specific features you should understand before investing.
Can Foreigners Own Property in Cambodia?
Foreigners are not allowed to own land directly. But there are legal options available:
- Strata Title – allows foreigners to own units (e.g., condos) in licensed buildings.
- Leasehold – long-term lease up to 50 years, renewable.
- Company Ownership – through a Cambodian-registered company (must include local partner).
- Nominee Structure – legally risky, use at your own discretion.
What Type of Property Can You Buy?
Foreigners can legally purchase:
- Condominiums in licensed developments (strata title)
- Offices or commercial units
- Houses through lease agreements (not land ownership)
Note: Foreigners cannot own land directly under their name.
Step-by-Step Buying Process
- Choose a Property – using a reputable local agent is recommended.
- Due Diligence – verify title documents and history.
- Sign Preliminary Agreement – pay deposit (typically 10%).
- Sign Final Contract – ideally with legal supervision.
- Register Ownership or Lease – with the land department.
- Pay Taxes & Fees – 4% transfer tax is standard.
Risks and How to Avoid Them
- Always hire a local lawyer for document review.
- Avoid verbal agreements.
- Never pay full amount before signing.
- Work only with licensed, trusted agents.
Conclusion
Cambodia’s real estate market offers great potential for foreigners. With the right legal advice and a careful approach, buying property can be a secure and profitable step toward living or investing in Southeast Asia.
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