Report: Cambodia Citizenship by Investment Programme, 2023

The Law on Nationality of Cambodia, established in 1996, offers provisions that enable foreigners to gain citizenship by investing in the country. Cambodia is a member of the ASEAN Economic Community, a bloc of nations where the free flow of goods, services, investments, and skilled laborers is allowed. An investor and their family members can take on a new Cambodian name, move a portion of their assets into it, and use Cambodian documentation for financial activities.

• Two investment options
• Minimum investment amount: US$245,000
• Application processing time: three – to six months

As a participant of the Association of Southeast Asian Nations (ASEAN), Cambodia’s membership permits privileged trade and allows for more fluid travel between the member countries for certain professions.

Cambodia’s Citizenship by Investment Program ranked 11th in the Citizenship By Investment Index, 2023, by the CEOWORLD magazine.

Cambodia’s CBI Programme offers two investment options:

1. APPROVED INVESTMENT: Minimum investment of US$305,000 in a project approved either by the Cambodian Development Council or by the Royal Government.
2. DONATION: Minimum donation of US$245,000 towards the restoration and rebuilding of Cambodia’s economy.

The Cambodian CBI Program necessitates that candidates take both a language and history examination. Khmer, also called Cambodian, is the language of the Khmer people and the recognized language of the Kingdom of Cambodia. Applicants must travel to Cambodia to obtain good behaviour, police clearance, and health certificates. They are also required to sign their citizenship oath.

Although they do not need to live there, applicants applying for the approved investment option must register a residence in Cambodia at the time of the application. For applicants looking to invest in Cambodia’s CBI Programme, applications can take up to six months. The Ministry of the Interior reviews applications, but only the King, by way of royal decree, may grant citizenship. For those wishing to retain their citizenship of birth, Cambodia allows dual citizenship.

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