Cambodia’s Weird Citizenship by Investment Program
ฝัง
- เผยแพร่เมื่อ 2 มิ.ย. 2020
- nomadcapitalist.com/global-ci...
Cambodia is an intriguing frontier market with a lot of potential for savvy investors and young entrepreneurs. But do you really want a Cambodian passport?
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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Just don't forget the reason why they are short of citizens.
Pol Pot?
The bombing of innocent people caught up in viet war
Cambodian passport is grade C passport used as a investment passport to buy land, businesses or real estate in Cambodia without the restrictions placed on an foreign investor.
Wouldn’t mind adding Cambodian passport to American Canadian and Korean passports! Then put my Cambodian document on the closet then only use it to enter Cambodia and buy land as many as I can in the country haha 😂
@@adamjosephyoungdokim7667 Dump US Passport and keep the other one because of citizenship based taxation!
@@dexterspeights3484 then get a kiwi passport then dump US ! The kiwi can wash it off 🇳🇿 😂
The long game is for a super wealthy person to buy Cambodian citizenship then buy lots of Cambodian land on strategic places then wait.
And the government and friends can swim in their money xD
If I wanted to, I believe I could buy land in Cambodia now. My daughter was born in Cambodia and has both US and Cambodian citizenship.
Yeah, Cambodian farmland might be a good investment. But $250K for one of their passports is not.
I would spend my $250k for my traveling. Thank you Cambodia!
Rare info. Thank you.
Glad you enjoyed it!
Cambodia isn't just good for investment, it's also a great place to start out as a nomad and open a business, work remotely, or even find a teaching job, for example. Even many low level entrepreneurs have found success there with their easy-to-attain business visas.
That's true. Sadly, business visas are becoming harder to come by. Get in before it's hot...
@@nomadcapitalist Yes, their tightening rules aren't anything to be surprised about, and anyone who wants that option better hop on it.
That is nonsense! its a snakepit there! all things that could slightly give them bad feedback is being errased! So many horrible things still happen there in 2020!
Rather do South America it is a lot closer too.
@Biaritz Siroko no, I've been there and it's the same as most ASEAN membersl states in that region so there's no issue for most westerners living there
Wow, I never knew Andrew was that tall!
Thanks for the video Andrew. Cambodia is indeed one of Asia's best places to invest with an uncorrelated economy that depends on internal growth factors like rapid urbanization rate, young average age, etc.
It is, however, not a good place to get a second passport.
@Dennis Durkop The passport? I wouldn't recommend it, but about three months. :)
@spinning nonsense What happened in Russia and Canada during the past 4 recessions? Cambodia hasn't had one in 25+ years.
I won't get into geopolitics too much, but manufacturing is moving en masse from China (both foreign and Chinese companies) to Vietnam and Cambodia. Only about 7% of Cambodian exports go to China.
Not sure why you think export routes would close. But if "self-sustainment" ever became a factor, us humans would have more important things to worry about than our investments.
It is if you want to focus on long term results and the ASEAN organisation freedoms. You can own freehold of land in Cambodia, and you can get around other nation restrictions with a new clean background
Well, I can tell you one advantage is if you want to buy and run a hotel for instance, otherwise it's a lease, 10 years if I recall properly and if you made a lot of refurbishing, the Cambodian owner won't renew the lease for sure and either run it himself or find somebody else and lease it with a higher price tag. I've seen a documentary about a French guy who was in this business and every 7 years or so, he was looking for a new gem to refurbish and run as hotel, I bet he would buy the passport without second thought.
Nomad Capitalist is wearing glasses....
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Khmer Rouge flashback intensifies
Andrew showing up in Vanuatu with a Cambodian passport.. I can see it already.. "yeah sir, you sure look it" 😄
A lot of things to like about Cambodia,
But the amount of influence China has there really ruins some of its appeal to me.
Why?
사이 I’m not the biggest fan of The CPP, and to see nations like Cambodia who had struggled over recent history, now influenced politically with money and investments thereby can create economic dependence which gains power and traction on the world stage. To put it simply I don’t like China plays chess or should I say monopoly, with the world
@Midnight Phister are you Vietnamese? Funniest comment ever , trying to promote yourself ? Vietnam is a dangerous communist country
Adelle Williams Not every commie country is bad
Um, China interferes with US citizens more than any other nationality. Cambodia seems good for investors either escaping China or investors who just really like Eastern culture as well as respect for private property.
An interesting country, not a place I would consider but then again this could be a great place to have citizenship in the future!
welcome you to join Cambodia citizenship
The high price is probably a mechanism used as an entry barrier. Helps the government screen applicants more efficiently and ask questions like "how do you have so much money? What do you do in China? What are you doing in Cambodia? You must be pretty serious if you're about to drop a quarter million dollars huh?"
Just a thought.
so how everyone thinks about citizenship by investment in Cambodia, does it worth or it is too expensive?
Andrew what is the cheapest possible citizenship available today.is there any option for 40-50 bucks
Raise it to a hundred and you can pay the fee for one by descent.
Somalian or Syrian Passport for $50
Hey - Corruption 101 in 3rd World Country: If you are connected or rich you can skip the line!
Is there away you can tell on how someone can get financial free just so they can travel to live in Asia without worry running out of money?
Yeah, the new $100k real property program fascinated me; it's well designed for escaping Chinese, not so much for the average Westerner.
If you've been to China you would know most chinese don't want to escape China jnless they're scammers or criminals. China's cities and comfort of life makes Europe look like a shithole , dare I say USA too (except Texas, that state will always have a place in my heart)
Can you do real estate wholesaling, lease options, and AirBnB in Cambodia? Like in the USA? I was born in Cambodia, left in 1979 after the Vietnamese Invasion, and immigrated to the USA in 1982.
Options and likely wholesaling are not nearly as common in emerging markets.
If you were born in Cambodia. You are a Cambodian citizen. You have to know where you were born and have relatives confirmed with the local government and then you can get your ID as a Cambodian citizen.
@@khmercolumbus1194 My US Passport says I was born in Cambodia. Is this enough?
@@RomilCPatel Nice! An option...
Interesting; apparently you can also get citizenship after 7 years but you have to be able to be fluent in Khmer and again the King has the power to grant citizenship; but to buy land that would make sense if you go that route.
So I don't need to have such a big amount of money? I wanted yo stay :(
Foreign can buy condos in Cambodia 🇰🇭
Hi! If you want to talk about topic like this and publish on TH-cam please make more research.
Tip: never mention King of Cambodia in this kind of video.
I heard there are lots of investment scams in Cambodia!!
Sir my girlfriend who is live in cambodia. We both talked on Facebook. We both have fallen in true love. Now I want to marry her and I want to live in Cambodia. I want to get citizenship of Cambodia.
That's why I want to know about it from you. I know no one can tell me better than you how to get from Citizen of Cambodia.
Sir you will help me I will be forever grateful to you. I will be indebted to you for the rest of my life.
Sir my girlfriend is from normal family. I also belong from normal family. I want to know how can I live in Cambodia. I have fallen in love with Cambodia and want to move from India to Cambodia.
Make 120 hrs TEFL course lots of job for English teachers in Cambodia
I know a second in command minister, should have asked lol
I guess this is good it kept the dirty backpackers away!! :)
Are you aware of the strong relationship between Cambodia and China !! Of all the SE Asian countries they have to strongest ties ... and the Cambodian royal family is making huge money from China Casinos ... while the people get nothing... are you saying its safe to own land and develop a company there?
most real estate is bought up by politicians that take fat chunks of the wellfare money that is being given to the corrupt leaders overthere! Also they have a lot of private people around them buying up thing for them. The usual farmer there never ever got 1$ from all that aid! They store their wealth in foreign banks far away also!
Yes Cambodia and Laos do.
Invest in Cambodia if you want to have a bad time.
elaborate
You are an opportunistic individual who is not attached to any country, but just by taking advantage of the '' corruption'' and flaws of the host country that allows you to break taxes free from your country !! Those practices will someday come to an end !!!