Introduces “Cambodia My 2nd Home” programme
30 Jun 2022
On 30 June 2022, the Ministry of Interior approved the "Cambodia My 2nd Home” visa programme, with the main goal of promoting trade and investment.
To qualify for the My 2nd Home visa, a foreign investor needs to have an investment capital of at least $100,000 in Cambodia. Additionally, the applicant needs to be the owner of a real estate project in Cambodia, and be a citizen of a country recognized by the Government of Cambodia.
Those who apply through the “Cambodia My 2nd Home” programme will enjoy a series of facilitation measures, including a 10-year unlimited entry and exit visa. They will also benefit from Khmer Home Charity Association membership under Ministry of Interior supervision, with local insurance coverage and VIP treatment among other advantages. Moreover, after five years, they will be eligible to apply for a Cambodian passport and enjoy all the advantages of the ASEAN membership.
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Type:
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Treatment and operation (Immigration regulations)
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Promotion and facilitation (Investment facilitation , Other)
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Industry:
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Not industry specific
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Services (Real estate activities)
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Sources:
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Government of Cambodia, CAMBODIA MY 2ND HOME, https://immigration.gov.kh/post/1193, 30 Jun 2022
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e-visa.ie, Cambodia follows Thailand with introducing golden visa, https://e-visa.ie/cambodia/news/introduction-investment-visa, 28 Jul 2022
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khmertimeskh, Asia’s new tiger, Cambodia introduces “Cambodia My 2nd Home” programme, https://www.khmertimeskh.com/501104298/asias-new-tiger-cambodia-introduces-cambodia-my-2nd-home-programme/, 30 Jun 2022
