There is currently an abundance of land for sale in Cambodia with “for sale” signs dotted around the countryside, easily seen as you travel along many of the national roads countrywide. You can find land for sale in Phnom Penh, land for sale in Siem Reap, and also land for sale throughout the provinces. Coastal areas are attractive options for foreign investment with beach land for sale in Sihanoukville and riverfront land for sale in Kampot. Another popular and often affordable investment option is farm land for sale in Cambodia.
Sadly foreigners are currently not permitted to legally own land in Cambodia as an individual, however all is not lost as there are ways that you can potentially gain ownership within the current legal framework and here’s how.
Buying Land in Cambodia by setting up a Land Holding Company (LHC)
This option is generally best reserved for what would be considered high value plots of land due to the initial cost of setting up an LHC. Also you will be subject to taxes on profit and require a 51% share of the LHC to be in the name of a local partner making this option more suitable for investors with fairly large corporate backing.
Renting Land in Cambodia
Long term renting or leasing land is a great option if you are looking to develop a residential or commercial property aimed at bringing you a high rental return on investment. The upside to this option is once your project begins to generate sufficient income it can be a stepping stone to setting up an LHC as above.
Buying Land in Cambodia with the Nominee Structure
There are companies that offer a professional service where foreigners can purchase land for sale in Cambodia but the tittle is held in the name of a local citizen. These companies offer a service as a measure of reducing the more obvious risks of using a friend or spouse as the name used to hold the land. When choosing this option a high degree of due diligence is advised due to the lack of regulation available.
Buying Land in Cambodia by Becoming a Cambodian Citizen
Not as easy as it once was, you now have to pay a sizeable fee to gain citizenship or make a significant contribution to the development of the country. Should you be in a position to consider this option it offers a high degree of security as land can then be purchased in your name once the citizenship process is completed.
Buying Land in Cambodia through Marriage to a Cambodian Citizen
Still the most tried and trusted method for many, marrying a Cambodian citizen means you can of course purchase and register land for sale in Cambodia in your partner’s name. (Knight Frank recommends that you always consult a highly qualified legal adviser before making any property purchase in Cambodia).
Please contact our professional team of real estate agents at +855 23 966 878 if you are interested in land for sale in Cambodia.