KhmerAds1

  Buy Property in Cambodia If you’ve wondered what the deal is with buying property in Cambodia, you aren’t alone. There are some procedures you need to consider before  buying an affordable house in Cambodia . Can a foreigner own property in Cambodia? “Yes, foreigners can own property in Cambodia but there are restrictions. Foreigners can only own properties on the first floor or higher (not the ground floor), up to 75% of any one building, however this only applies to buildings with a strata title. A strata title is a type of hard title that allows an owner to divide a building into multiple individually saleable properties, this is also known as the “condominium law”, it is generally only granted to new condo buildings that are being built for this specific purpose. Foreigners can also own 49% of private property, with or without a structure, if they are partnered in a Cambodian legal entity. A Cambodian legal entity is defined as any legal entity that has 51% or more of its shares