Cambodia Property Investment -Investing Property is a Good Idea
One good way to invest in Cambodian property is as a foreigner. While you can purchase land and buy house apartments, you cannot directly own a condominium. But you can obtain a strata title for a condominium unit. The upside is that you can build on top of the building, and your profit may be worth it if you are an early bird. The biggest disadvantage is that you can't own a shophouse apartment, but you can purchase an upper-floor apartment with a potential for development.
The government of Cambodia is committed to attracting foreign capital and has enacted many incentives to encourage foreign investment. Those incentives include easy licensing procedures, low corporate taxes, and tax breaks for investment. In addition, investors can own up to 49% of the land. In addition to cambodia property investment prices being much lower than those of Vietnam and Thailand, the average rental yields in the country are significantly higher than in the developed world.
With a consistent economic growth rate and a high potential for growth, Cambodia's property prices are far more affordable than comparable properties in other developed countries. In addition, the government is constantly investing in infrastructure, and with rapid population growth in urban areas, Cambodian property prices are increasing at a fast pace. While investing in Cambodian property is not for everyone, there are many advantages.
First, the country's GDP is expected to grow faster than the average in other Asian countries. Moreover, the government has been amending its investment laws to attract more foreign investors. As a result, there will be less red tape and more opportunities for foreign investment. And it will provide a steady source of income for investors. If you are considering investing in Cambodia, the benefits are plentiful.
With a consistent economic growth rate and a high potential for growth, Cambodia's property prices are far more affordable than comparable properties in other developed countries. In addition, the government is constantly investing in infrastructure, and with rapid population growth in urban areas, Cambodian property prices are increasing at a fast pace. While investing in Cambodian property is not for everyone, there are many advantages.
First, the country's GDP is expected to grow faster than the average in other Asian countries. Moreover, the government has been amending its investment laws to attract more foreign investors. As a result, there will be less red tape and more opportunities for foreign investment. And it will provide a steady source of income for investors. If you are considering investing in Cambodia, the benefits are plentiful.