For years, Cambodia, along with other ASEAN countries, has been a hotspot for expatriates and global nomads due to its low cost of living. The rapid urbanization and rich cultural tourism have created an ideal blend of traditional charm and modern amenities, especially in major cities like Siem Reap and Phnom Penh. Here, foreigners can enjoy familiar comforts without breaking...

Bank accounts in Cambodia present a unique blend of opportunities and requirements that cater to a diverse population, from local students to international expatriates. Understanding the landscape of Cambodian banking can help you make the most informed decisions, ensuring that your financial needs are met with the utmost efficiency and convenience. Exploring the Best Bank Accounts in Cambodia When it...

Foreign Ownership Foreigners cannot own land in Cambodia, but they can own condominiums, apartments, and other types of buildings. They can also lease land for up to 50 years, with the option to renew for another 50 years. Types of Property The most common types of property that foreigners buy in Cambodia are condominiums and apartments. These properties are typically...

A buyer’s agent is a real estate professional who represents the buyer in a real estate transaction. The buyer’s agent’s job is to help the buyer find the right property, negotiate the best price, and close the deal. Buyer’s agents work on a commission basis, which means that they only get paid if the buyer buys a property. The commission...

The Cambodia property market in 2023 is poised to maintain its strength, with demand for both residential and commercial properties on the rise. The country's robust economic growth, coupled with its flourishing tourism industry, continues to drive the demand for property. Residential Sector In the residential sector, the demand remains high for apartments and condominiums, particularly in Phnom Penh and...