This visa is especially suitable for digital nomads, people working remotely, pensioners or entrepreneurs looking to do business in Cambodia. Unlike elite visas and similar programmes in the region which only offer residency, this programme offers a clear pathway to citizenship. Cambodia also offers investors other benefits such as a work permit, free movement around the region (ASEAN countries), lower taxes and a lower cost of living compared to other countries in the region. Investors don’t need to tie up their capital, with property purchase part of the programme with no minimum holding period.
This visa can provide security in times of uncertainty through a guaranteed long-term residency as a back-up option. The programme is government backed, and aims to attract middle-income and wealthy individuals to relocate to or invest in Cambodia and benefit from its fast growing economy.
Cambodia My Second Home Benefits
Comparison To Similar Programmes
Cambodia CM2H | Thailand (Elite Visa) | Malaysia (MM2H) | |
Length | 10 years | 10 years | 15 years |
---|---|---|---|
Cost | $100,000 | $43,000* | $424,000* |
Work Permit | Yes, as part of the programme. | No (ineligible) | No (ineligible) |
Own Property | Yes as part of application cost, minimum $50,000. | Yes (Apartments only) but not part of the programme. | Minimum $160,000 |
Land Ownership | Yes (100% ownership, no restrictions) | No | Yes, but restrictions apply. |
Tax on Foreign Income | No | Yes | Yes |
Citizenship Eligibility | Yes, after 5 years | No | No |
Processing Time | Up to 28 days | 1-3 months | 3-6 months |
*Converted from local currency to USD at the prevailing rate.
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