Frequently Asked Questions

COMMON QUESTIONS

The official currency of Cambodia is the Cambodian Riel (KHR), though the US Dollar (USD) is also widely accepted. Prices are often listed in USD, and payments can typically be made in either currency.

Absolutely, foreigners can open a bank account in Cambodia. Major financial institutions, like ABA Bank, provide services to both local and expatriate clients.

TENANTS

Renting a property in Cambodia typically involves these steps:

  1. Set your budget and preferred location.
  2. Search for properties on our website or schedule a viewing with one of our agents.
  3. Visit properties in person to evaluate their condition and suitability.
  4. Negotiate rental terms directly with the landlord.
  5. Sign the rental agreement.
  6. Pay a security deposit, usually equivalent to one or two months’ rent.
  7. Move in and start your tenancy.

When renting a property in Cambodia, you will usually need to provide a copy of your passport and visa.

We’ll help you find a rental property at no cost to you! In Cambodia, it’s typical for the landlord or property owner to cover the agency fee when renting through an agency.

BUYING

Yes, foreigners can purchase property in Cambodia, but there are some restrictions on the types of property they can buy—specifically, co-owned buildings like condominiums and strata-titled properties. According to Article 44 of the Cambodian Constitution, “only natural persons or legal entities of Khmer nationality shall have the right to land ownership.” However, there are legal methods by which foreigners can acquire or control land for residential, commercial, or agricultural use:

  • Leasing land through a long-term lease (leasehold)
  • Investing in land via concessions
  • Forming a landholding company and taking a minority stake
  • Using a Cambodian nominee

The process of buying a home in Cambodia can vary based on the property type and location, but here’s a general outline of the steps involved:

  1. Research and choose a property.
  2. Make an offer to the seller.
  3. Conduct due diligence to verify property details and ownership.
  4. Sign a sales agreement with the seller.
  5. Complete the sale and transfer ownership.

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