Compass Real Estate > Cambodia Investment Guides > Guide for buy land in Cambodia.

Guide for buy land in Cambodia.

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2019-08-27
Summary:As for foreigner how to buy land in Cambodia?

(1) Ways of purchasing land:
1. Established a limited company (LTD)
If you want to invest in real estate in the name of a company, you must partner with a Cambodian citizen to set up a “limited liability company” or “private limited company” and ensure that the Cambodian citizen has 51% of the sharehold, and then you can use the company’s name to deal any land sale and transfer procedure.
2, Naturalization
If you acquire Cambodian citizenship, you have the right to legally purchase land. Ways to acquire Cambodian citizenship include: investment for naturalization, donation for naturalization, marriage for naturalization, and birth for citizenship.
3. Purchase in the name of a Cambodian citizen
In short, the method is purchased through a local agent, and the investor signs a trust agreement with the landowner to obtain land management rights. The landowner then leases it to foreigners by way of mortgage land. However, this method is often accompanied by high risks and land disputes often occur.
4. Long-term lease
The nature of renting and buying is different, but it is also a good way to invest in land. Importantly, this is much easier and cheaper than establish a company to buy land.
In general, foreigners can rent Cambodian land through investment applications, but the registered title deeds need to be kept in the name of Cambodians. After the formal signing of the long-term lease agreement, the lease period can be 50 years, 75 years or even 99 years.
The name of the Cambodian people holding land: refers to the fact that the actual investor borrows the property of Cambodian to purchase the land of Cambodia or land, and registers the ownership of the property in the name and identity of the Cambodian citizen. In this case, the name of the Cambodian did not actually contribute money, but still legally enjoy the ownership of real estate.
(2) The incentives for Cambodians to hold land under their names
1. Prohibition of the Cambodian Land Law.
(1) Rapid changes in land prices. The hot land price will change in the morning and afternoon of the day.
(2) The actual investor’s trust in the name of the Cambodian.
But what is the risk involved? The occurrence of land name disputes is generally caused by Cambodian collusion officials forging or reissuing relevant documents to buy or sell land privately, or not cooperating with the actual transferor’s land transfer or sale, or blackmail for a great number of fee, or directly denying the name of the name Swallow the land.
2. If you are looking for a Cambodian name to buy land, you need to consider the following questions.
(1) The economic situation of Cambodians.
(2) The unexpected situation of Cambodian and actual investors.
(3) Whether the contract setting is as perfect as possible.
(4)Time reveals a person's heart.
Today, the land is worth 1 million US dollars.  Your partner still remain his calmness, but what if the land is valued to 5 million US dollars or 10 million US dollars? One million dollars can't attract your partner's heart, how about $5 million? (content from online source)

Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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