THE COUNTRY Cambodia is a very special country on many ways, but as i french citizen working here for 9 years i have to say the country is open to foreigners.So if you looking for economic freedom, in case you'r thinking about relocating in a country with very low level of taxes, you should consider Cambodia as a possibility. Here we enjoy the benefits of the banking system using US dollars, official currency here, our ATMS provides US notes, and your are free to use your account as you wish, allowing transactions IN and OUT without any conditions for the transfers. Our clients are private investors, entrepreneurs, individuals generally, willing to get to get high return on their investments.
THE LOCATION These area is developing fast, you are at Siem rep, 15 away of the protected area of the temples of angkhor, and big projects are setting up there. The developper will stop the use of the cars in the area, everything is made to create interactions between the residents, its a green city project. Airport (30 minutes) Golf (8 minutes) Hospital / Clinic (10 minutes) Middle School (500 meters) On Main Road (10 minutes) Park (10 minutes) Primary School (500 meters) Shops (10 minutes) Supermarket (200 meters) Town Centre (10 minutes) University (30 minutes)
A WELL ESTABLISHED DEVELOPPER Urban lofts is doing well here, the company just sold after 4 years the 800 units of urban village phase one before completion, same for his residence THE LOFTS.
RETURN ON INVESTMENT ( Buying to rent or buying to re-sell within one por two years ) Two options here, the return are about 8 to 9% on the rentals and if you are open to resell, no garantee here, but the clients of the others projects got 15% year /re-selling their units before completion.
LEGAL These property can be owned on freehold, means have a title deed on your name, with a limitation in time, of two times 50 years, Taxes are about 4% when the title is produced by the ministry of lands. Foreigners can legally owned apartment in Cambodia.We are happy to provide free lawyer services for our foreign clients.
LANGUAGES we do speak english, khmer, chinese, french.
COME TO SAY HELLO If by chance you are passing by Phnom Penh i will bring you there :) olivier