Cambodia is located in Indochina Peninsula, bordering Thailand in the west and northwest, Laos in the northeast, Vietnam in the east and southeast, and facing the Gulf of Thailand in the south. The total population of Cambodia is about 16 million, with khmer people accounting for 8%. Cambodia, known as Khmer in ancient times, is an ancient civilization with a long history. As early as the 1st century AD, a unified kingdom was established. The Angkor Dynasty in the 9th-14th century was the most glorious era in Cambodian history. In 1863, it became a French protectorate. It was occupied by Japan in September 194 and declared independence on November 9, 1953. Since 197s, Cambodia has experienced a long war. In 1993, with the establishment of Cambodian state power institutions and the realization of national reconciliation, Cambodia entered a new era of peace and development. Cambodia is a member of the Association of Southeast Asian Nations. Its economy is dominated by agriculture and its industrial base is weak. On July 1, 216, the World Bank announced that Cambodia officially left the least developed country and became a lower-middle income country.

I want to invest in real estate in Cambodia. 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 foreign currency exchange rate. Cambodia uses US dollars and real. Investors should calculate the change of exchange rate and the required cost before buying a house.

3. Choose internationally renowned developers. In developing markets, it is better for investors to have 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 they must know the method of calculating the relevant tax costs before buying a house.

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 2% 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 you should be cautious in investing. 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: June 25th, 221. Please refer to the latest business changes announced by Ping An Bank in official website.

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