{"id":1406,"date":"2019-03-21T14:24:44","date_gmt":"2019-03-21T14:24:44","guid":{"rendered":"http:\/\/globalresidenceindex.com\/?p=1406"},"modified":"2019-03-21T14:24:44","modified_gmt":"2019-03-21T14:24:44","slug":"news-cambodia-citizenship-investment","status":"publish","type":"post","link":"https:\/\/globalresidenceindex.com\/news-cambodia-citizenship-investment\/","title":{"rendered":"Cambodia Citizenship by Investment"},"content":{"rendered":"

Cambodia Citizenship by Investment<\/h1>\n

The Cambodia Citizenship by Investment program is not well known by the public and not really marketed around the world. Put into law in 1994, the program provides foreigners with Cambodian nationality if they invest in the country. For foreigners, the most cited reasons are the ability to acquire land and other property in their own name and the ability to travel to other Asian countries visa-free. Cambodian citizenship has also been bestowed on foreigners who have made exemplary contributions to the kingdom.<\/a><\/p>\n

The application process is said to take 3\u20134 months plus 3\u20136 months for family members to get naturalized. Children need to be under 18 to qualify as dependent.<\/p>\n

Agent fees are estimated between US$75,000 \u2013 US$85,000 for the main applicant and US$5,000 per dependent.<\/p>\n

 <\/p>\n

Read also about the Turkey Citizenship by Investment program<\/a><\/p>\n

There are 2 options in order to be eligible for naturalization by investment:<\/p>\n

Donation<\/h2>\n

A foreigner could also be accorded Cambodian citizenship if he donates 1 billion riels (about US$250,000) or more to the national budget.<\/p>\n

Business Investment<\/h2>\n

A foreigner who invests 1.25 billion riels (around US$312,500) in Cambodia can be eligible for naturalization by investment. In this case, the seven-year residency is waived. However, other requirements for naturalization like language fluency still apply. The business project needs to be approved by the government:
\n\u2022 Any foreigner who had received a letter of authorization for investment from the Cambodian Development Council (CDC) and who had implemented concretely an actual project, OR
\n\u2022 Any foreigner who has no letter of authorization for investment from the Cambodian Development Council (CDC), but who had received authorization for investment legally from the Royal Government.<\/p>\n

“Our purpose is to provide information, so feel free to contact us<\/a> if you need more. If you need professional help, let us know, and we will direct you toward a trusted expert in your area.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Cambodia Citizenship by Investment The Cambodia Citizenship by Investment program is not well known by the public and not really marketed around the world. 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