BUYING PROPERTY IN CAMBODIA Foreigners regularly maintain property in Cambodia through a employer. This structure offers the least threat for the distant places investor, who can be an man or woman, or a jail character. more than one piece of land may be held. but setting up a landholding employer is costly, and there's a immoderate renovation value, and taxes on condo profits are pretty excessive (see above). The applicable rules is the law at the investment of the dominion of Cambodia (financial ruin VI, Article 16), which states that possession of land can be vested in "criminal entities wherein extra than fifty one% of the fairness capital are directly owned by manner of natural individuals or felony entities keeping Cambodian citizenship". furthermore, "use of land can be approved to traders, which incorporates prolonged-term leases of as plenty as a length of 70 years, renewable upon request". THE THREE LAYERS: There are three layers of protection