Guide for property buyer in Cambodia.

As for foreigners, are they allowed to buy housing in Cambodia?
Yes, foreigners can enjoy the same property rights certificate as Cambodian. They can buy and sell freely. They can buy houses with passport, without restriction, but they can not enjoy the same low-interest loan policy as Cambodians.
2. What is kind of property right certificate i can get ?

There are three kinds of property rights.
The first is the property right with land certificate, which is only purchased by Cambodians. Cambodia prohibits foreigners from buying land.
The second is the property rights certificate of 1999 (commonly known as soft title), which is mainly the property rights of land of government nature, which can be purchased by Cambodians and foreigners, but foreigners can only purchase more than the second floor.
The third is the permanent property certificate (commonly known as hard title), this time the nature of the land is private land, allowing Cambodians and foreigners to buy, but foreigners can only buy more than the second floor;
3. Use PMB or US dollars to pay?
If the developer is in China, it can directly remit to the developer's bank account in China or to the developer's Cambodian account. If the developer is a foreign developer, only US dollars will be accepted.
4. Is Cambodia politics stable ?
Cambodia has been under the management of Prime Minister Hun Sen for nearly 30 years, no civil war, no foreign invasion, stable appreciation of real estate, Cambodia is currently one of the preferred real estate investment destination in Southeast Asia.
5. what is the process of Cambodian housing purchase?
Inspect at the housing, choose the housing you like.

Payment of deposits and signing of reserve agreements;
To agree on the subsequent payment method;
Delivery for acceptance, and apply for the hard property title.
6. What information should we prepare to buy housing?
First of all, if you are a foreigner, it must be passport.
In Cambodia, bank credit cards need to be issued with a half-year business visa and work certificate before they can be processed. Our company can issue a work certificate for any house purchased through the recommendation of Freud.
7. how to pay for housing in Cambodia?
Payment methods vary according to the delivery date for housing.
if In a year, the housing can be delivery, basically you need to pay down payment more than 40%, the final payment is paid before the housing is delivery;
In the two-year period, more than 30% of the down payment is required, and the final payment is paid before the housing is delivered.
In the three-year period, more than 10% of the down payment is required, and the final payment is paid before the housing is delivered.
A small number of real estate developers are very strong, you can pay 0 down payment, monthly payment can be fine , this kind of developer's real estate is also our key recommendation.
8. What kind of tax you have to pay for buying and selling?
No inheritance tax
4% deed tax is required for purchase and tax is payable only when the housing property certificate is processed after payment.
Buying also requires paying a real estate tax. 80% of the housing appraisal price is reduced by $25,000, multiplying the figure by 0.1% of the tax amount. But the amount is very low, and the value of the house assessed by government departments is usually less than 20% of the price of the house purchased.
Sales of houses require a transfer tax on transactions: a 4% transfer tax on the valuation value of the government's real estate department.
There is also a transfer fee: $1,000-3,000.
9. What is the difference between buying property in Cambodia and buying property in China?
10. Will it be difficult to rent and resell after buying it?

The rental rate of apartments in Cambodia is over 90%. The supply exceeds the demand. Some of them are rented by developers. The rest are rented by property companies, which charge 8% of the rent as management fee. They can also rent by themselves with intermediary companies.
11. Do we need to pay agency fee?

The first-hand housing you need not to pay the agency fee, the developer will take that, and the second-hand housing needs to pay the agency fee, generally 2%-3%.