Cambodia’s “My Second Home” (CM2H) program, often referred to as its Golden Visa initiative, enables foreign nationals to invest in local real estate and obtain a renewable 10-year visa. The program also offers a pathway to Cambodian citizenship after five years of residency, without requiring a minimum stay to keep the visa active.

In this guide you will find all the information you need about the “Cambodia Golden Visa” (“My Second Home” (CM2H) program).

What is exactly a Golden Visa?

A “Golden Visa” is a type of visa that allows individuals to live and work in a foreign country for a specified period, usually between one and ten years.

Golden Visas are usually granted to people who make a significant investment in the country, such as buying property or starting a business.

In Cambodia, a government-approved program (“My Second Home” (CM2H) program) provides a 10-year renewable visa that allows unrestricted entry and exit to and from Cambodia.

What are the benefits of the Golden Visa in Cambodia?

The Golden Visa in Cambodia, offered through the Cambodia My Second Home (CM2H) program, provides several key benefits for foreign investors and their families:

  • 10-Year Renewable Residency: Holders receive a long-term, renewable visa that allows them to live in Cambodia without entry or exit restrictions.
  • Pathway to Citizenship: After 5 years of residency, CM2H visa holders can apply for Cambodian citizenship and a passport, making it the only official route to citizenship for foreigners in the country.
  • Family Inclusion: Your spouse and dependent children can be included in your application, securing the same residency rights.
  • Property Ownership: Foreigners can legally own condominiums or other approved real estate developments starting from the first floor up, with title deeds issued by the government.
  • Right to Work and Do Business: CM2H visa holders can work (with a work permit), register companies, and conduct business in Cambodia. Assistance with company incorporation and opening bank accounts is provided.
  • Access to Healthcare and Education: Holders have access to Cambodia’s healthcare system, educational institutions, and receive one year of free life and health insurance coverage.
  • No Residency, Language, or Educational Requirements: The program does not mandate physical residency, language proficiency, or prior educational or management background.
  • VIP & Support Services: CM2H members benefit from professional support in legal, tax, and property matters, VIP treatment at airports, advice on schools, and easy exchange of their national driving license.
  • Attractive Tax Regime & Investor-Friendly Policies: Cambodia offers a competitive tax regime, no foreign exchange controls, high investment returns, and 100% ownership for foreigners in companies.

These benefits position Cambodia’s Golden Visa as one of the most comprehensive residency-by-investment programs in Southeast Asia, appealing especially to investors, entrepreneurs, and families seeking long-term opportunity and security.

Buying a property in Cambodia

Investing in property in Cambodia has become increasingly popular over the past few years due to the country’s growing economy, and the GDP growth rate has consistently remained above 7%. Furthermore, the Cambodian government has put in place measures to foster foreign investment, such as loosening limitations on property possession for non-Cambodian individuals. This includes authorising complete foreign ownership through strata title, which permits foreign ownership in jointly owned buildings.

Rental demand in Cambodia is one of the highest in the region, particularly in urban areas like Phnom Penh and Siem Reap, creating an opportunity for passive income. Finally, the country’s growing tourism industry and urbanisation provide the potential for long-term capital appreciation.

All of these factors make Cambodia a compelling destination for property investors looking for potentially high returns and growth opportunities.

Why Cambodia?

Cambodia is an attractive destination for retirees for many reasons. Located in Southeast Asia and known for its rich history, stunning natural beauty and welcoming culture, it has become a popular destination for those seeking an affordable and comfortable lifestyle.

The country offers a diverse landscape, whether you are looking for a peaceful town like Kampot, a fascinating destination like Siem Reap, the serene beaches of Koh Rong or the bustling city life of Phnom Penh.

The cost of living in Cambodia is relatively low compared to many other Southeast Asian countries, which means retirees can stretch their retirement savings further. Basic necessities such as food, housing and transportation are affordable, especially in rural areas.

In urban centers like Phnom Penh and Siem Reap, it can be higher due to demand for tourist and expatriate services, but still relatively cheaper than in Western countries. The local currency, the Cambodian Riel, is the primary means of payment, but US dollars are widely accepted in many areas. The cost of living in Cambodia can vary depending on lifestyle and location.

Overall, it’s possible to live comfortably in Cambodia on a modest budget, but it’s important to research living costs thoroughly before making long-term plans. Retiring abroad can be an exciting and rewarding way to secure your future and invest in real estate. And with the Golden Visa program, it’s easier than ever to invest in real estate and secure your future in the “Land of Wonders”.

Summary

Key Features of the CM2H Program:

  • Investment Requirement: Investors must invest at least $100,000 in real estate. 
  • Visa Validity: The program offers a 10-year renewable visa. 
  • Path to Citizenship: After five years of residency, applicants can apply for Cambodian citizenship. 
  • No Minimum Stay Requirement: There are no minimum stay requirements to maintain the visa. 
  • Family Members: Family members (spouse and children under 18) can also be included in the application. 
  • No Medical, Language, or Residency Requirements: There are no medical, language, or minimum residency requirements for the program

Feel free to contact us if you are interested in Cambodia “My Second Home” (CM2H) program.