I want to invest in Cambodian real estate. The following information is for your reference:
1, Pay attention to investment hotspots. Before buying a house, investors should first visit the place where they buy a house, and take the time to understand the real estate in each area of the city and the culture and characteristics of the place.
2. Pay attention to the exchange rate of foreign currencies. Cambodia uses US dollars and real. Investors should calculate the change of exchange rate and the required cost before purchasing real estate.
3. Choose internationally renowned developers. In the markets of developing countries, it is better for investors if there are familiar developers.
4. Understand the taxes that property owners need to be responsible for. Overseas investors need to pay several taxes on properties invested in Cambodia, so before buying a house, they must first understand the method of calculating the relevant tax costs.
5. Understand the taxes to be paid for selling or renaming real estate, and pay certain taxes for selling or renaming real estate in Cambodia. Property sellers need to draw 20% of their capital growth or profits as profit tax.
Tips: The above explanations are for reference only. There are risks in entering the market, so the investment should be cautious. Before you make any investment, you should make sure that you fully understand the nature of the relevant investment and the risks involved, and then judge whether to participate after detailed understanding and careful evaluation.
Response time: 202 1-06-25. Please refer to the latest business changes announced by Ping An Bank in official website.
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