- August 18, 2017
- Posted by: CIP Journal
- Category: Citizenship
Cambodia is located in the southern portion of the Indochina Peninsula in Southeast Asia bordered by Laos, Thailand and Vietnam. Tourism is the Cambodia’s fastest growing industry, with arrivals to over 2 million in 2007. In 2004, inflation was at 1.7% and exports at $1.6 billion US dollars.
Article 12 Cambodian Law of Nationality 1996 provides a path to obtain Khmer nationality (Cambodian) citizenship by investment by donating USD 250,000 cash to the economy of Cambodia.
Cambodia also grants citizenship to exceptional persons on special merit without requiring any investment, in the interest of Cambodia under Article 13.
It is also possible to obtain citizenship through business investment by investing USD 300,000 in Cambodia, but this route requires 7 years residency in Cambodia to obtain a citizenship.
Citizenship by Investment
- Second citizenship offers privacy, safety in Cambodia
- No residency requirements (waived)
- Citizenship for family and children
- Ease of doing business, trade in Asia
- Investment in real estate sector
- Availability of low cost manpower
Any foreigner who has made a donation in cash, to the national budget of from 1,000,000,000 riels or more, for the interest of restoration and rebuilding of economy of the Kingdom of Cambodia, may have right to file an application for khmer nationality, in case when upon he/she has fulfilled the conditions as stated in the sub-paragraphs 1, 2, 5 and 6 of the article 8 of this law.
A foreigner who has shown evidence that he/she had offered any special merit or achievement for the interest of the Kingdom of Cambodia, may file an application for khmer nationality and with no need to fulfill the conditions as stated in the sub-para.3 of the article 8 of this law.
Residency is waived under Article 12,13 for citizenship. You must also satisfy the following conditions in order to be eligible for citizenship by investment
- Above 18 years of age.
- No criminal record
- Good knowledge of Khmer language and history.
- Not pose a threat or danger to Cambodia.
Cambodia passport has visa free travel to almost all countries in South east Asia such as Thailand, Singapore, Laos, Vietnam etc.
According to Henley visa index 2017, Cambodian passport ranks No.88 in the world passport rankings with visa free travel to 48 countries in the world. Visa required to visit Schengen area, Canada or United Kingdom.
Dual citizenship permitted in Cambodia.