Top ten considerations for buying housing in Cambodia.

Investing in Cambodia property has become a trend, but due to differences in Cambodia's policies, the housing market is also slightly different. We need to know the following points when we buying housing in Cambodia.

1. Cambodia has no purchase restriction policy on property.
2. Foreigners do not need many documents to buy housing in Cambodia. They only need to provide a passport.
3. Foreigners who purchase Cambodia property are more difficult to apply loan from bank. They are generally paid in by installments or paid in one time. The installment ratio is determined according to the progress of the project.
4, Cambodia dollar asset, when you buy housing usually paid by dollars, we recommend buyers to prepare sufficient US dollars in advance.
5. The development history of the Cambodia property is not too long. The investment is mainly based on new project. The apartment buildings account for a large proportion. Some projects also have terrace houses for sale. The first floor of the townhouses is equipped with land, which is basically purchased by local people.
6, Cambodia's housing are decorated rooms, some projects also equipped with  furniture appliances, can be directly rented.
7. Most of the new projects in Cambodia are forward delivery housing, and there are few existing housing.
8. The tax rate for buying housing in Cambodia is low. The tax on the purchase of a new housing is 4%, and the tax on property is 0.1%.
9. Foreigners cannot purchase land and villas in their own name, so they can only buy housing on the second floor or above.
10. New housing in Cambodia are mainly invested, and most of the buyers are foreigners and local wealthy.