Investment information about the Cambodia property market

Investment information about the Cambodia property market

Cambodia, Condos for sale Cambodia, FAQ, Inspection Visit, Phnom Penh, Phnom Penh Real Estate for sale, Sihanoukville
Cambodia is a rapidly developing market, and many investors with lower budgets and higher risk appetites are looking closely at this country to make their next pot of gold. Tip 1: Foreigners should look at condos The Cambodian State Constitution prohibits foreigners from owning land. As such, most foreign investors are limited to looking only at purchasing condominiums, or strata-titled units. This means that the title held by the developer can be subdivided into further, individual units for sale. In general, these are newer projects that were built to cater to foreign investment. The bulk of these condos are in the capital city of Phnom Penh, or in tourist spots like Siem Reap and Sihanoukville. Tip 2: Condos have their own restrictions too Investors that are looking at condos should…
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Foreigner’s Guide: Buying Land In Cambodia

Foreigner’s Guide: Buying Land In Cambodia

Cambodia, Condos for sale Cambodia, FAQ, Money, News, Phnom Penh, Phnom Penh Real Estate for sale, Pre Construction, Project Management
Foreigner’s Guide: Buying Land In Cambodia In previous post, we talk about foreigner’s eligibility on buying condominiums in Cambodia and what are the things to look out for. But however, if your intention is to invest in real property such as buying grounded apartments or buying land in Cambodia, the following options will show you how it is possible to buy almost anything in Cambodia. Buying Real Property in Cambodia Under Cambodian Land Law, foreign nationals cannot hold a 100% stake in real property within the Kingdom (except for this case mentioned). However, legal mechanisms and documentation may allow foreigners to fully control the purchase, sale and use of real property in which they have invested, and benefit fully from any profits they make. There are basically 5 Options for…
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The great expat debate: do you need a work permit for Cambodia?

The great expat debate: do you need a work permit for Cambodia?

Cambodia, FAQ
It’s important to note that work permits and visas are not the same thing. In theory, although you may have gotten a year-long visa (often called a business visa), that doesn’t necessarily give you the right to work in Cambodia. In practice, Cambodia is one of the least regulated countries in the world when it comes to visas and employment, and many expats do not have the work permits that they ostensibly require. There are two types of work permits in Cambodia: temporary and permanent. Temporary work permits are for most regular expats and last the length of the individual’s visa. Permanent work permits are reserved for major investors and friends of people in high places. In order to get a work permit, your employer needs to apply for you…
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Buying a condominium in Thaland | Legal considerations and FAQ

Buying a condominium in Thaland | Legal considerations and FAQ

Condo for sale, Condo For Sale In Kamala, Condo for sale in patong, Condo For Sale In Phuket, FAQ, Inspection Visit, Kamala, Money, News, Phuket, Project Management, Property Management, Thailand, Thailand
BUY, SELL, RENT, OWN AND MANAGE A CONDOMINIUM IN THAILAND - legal topics for expats. What is a condominium, buying a condo in Thailand, who can own a condo, transfer tax, inheritance, management of a condo, leasehold condominium, sale and purchase and more. Practical legal questions, Thai lawyer answered. Just scroll down to a subject and click read more...   Condominium FOR sale in Thailand Are all apartments in Thailand governed by the Condominium Act? There are 2 types of residential apartment buildings in Thailand: condos registered under the Condominium Act with a condominium license and apartments not registered under the Condominium Act. Only condominiums registered under condominium laws and licensed with the Land Department offer full individual apartment unit ownership (with a government issued unit ownership title deed), and…
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The Phukris Condominiums in Kamala, Phuket – and how to buy a investment home

The Phukris Condominiums in Kamala, Phuket – and how to buy a investment home

Ejido, Inspection Visit, Kamala, Phuket, Pre Construction, Project Management, Property Management, Thailand, Thailand
Thailand Property Wanting to buy a villa or condo in Thailand , one of the best around at the moment is The Phukris in Kamala, Phuket, but not certain as to how this is done. Well here you will find the basic breakdown of what needs to be done and how to buy condo in Thailand from PAH Holdings. First of all we recommend a good agent, we have had dealing with many agents in Phuket come and go, however Realty International Property are informative and are there to help. REALTY INTERNATIONAL PROPERTY Since you will be looking for property in a foreign country you need expert local assistance. We know how to communicate in Thai and they're familiar with the geographical area. Our agent will save you valuable time in selecting and…
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What is the restriced zones in MEXICO

What is the restriced zones in MEXICO

FAQ, Mexico
The Restricted Zone in Mexico (known in the past as the "Prohibited Zone") is set up as such in the Mexican Federal Constitution. It is: (1) the land area within 100 kilometers of Mexico's international land borders (with U.S., Belize and Guatemala) (all of the border towns and a little more); and (2) the land area within 50 kilometers of Mexico's ocean front areas (the coast line of Mexico). In the Restricted Zone foreigners to Mexico can not own direct (fee simple) title to real estate located therein. They can however hold the title thereto via the long term irrevocable bank title transfer trust or via a Mexican corporation (depending upon the use of the property). In the trust the Mexican fiduciary bank holds the title for the foreigners and…
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MEXICAN CORPORATION VS. BANKTRUST

MEXICAN CORPORATION VS. BANKTRUST

Bank Accounts, FAQ, Mexico, Money, News
Advantages of Mexican corporation vs. banktrust for real estate ownership There was once a time that Canadians or Americans were restricted from buying property in Mexico that was 50 km from any coastline or 100 km of a neighboring country. This zone meant that nobody other than Mexican nationals were allowed to invest in lands located within these areas. However, times have changed and the coastal and border areas that used to be restricted from foreign investment have opened. This occurred when the government decided to start issuing something called a fideicomiso, which is basically a banktrust. The fideicomiso was created to allow foreign investors to participate in Mexico´s rapidly expanding sectors while exercising complete and legal control over their investments while complying with Mexico’s investment laws. A banktrust is…
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Purchasing Mexico Real Estate with Real Estate Financing

Purchasing Mexico Real Estate with Real Estate Financing

401k, Bank Accounts, FAQ, Mexico, Money, News, Retirement
Purchasing Mexico Real Estate is an exciting decision, and with the growing and increasingly successful cross-border mortgage industry that has been developing in Mexico over the past few years, there are now more options than ever to finance your home! Mexico has historically been a cash-based economy, but with the influx of investment by foreigners, financing has become a viable alternative.  Many US lenders and banks have turned to the Mexican market, and their previous US experience makes the process more familiar than if one were to finance directly through a Mexican bank. For some people, the introduction of financing into the Mexican real estate market represents the opportunity to pursue a dream that may not have otherwise been tangible.  For others, obtaining cash to purchase a property may never…
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Nicaragua Guide FAQ

Nicaragua Guide FAQ

FAQ, Nicaragua
Frequently Asked Questions About Nicaragua Buying Real Estate in Nicaragua Q. Why are so many Americans, Canadians and Europeans flocking to Nicarauguato buy property? A. Nicaragua is a safe, stable country with a stable government and a thriving economy. It has a tropical climate and beautiful beaches and scenery. Property is affordable and appreciating rapidly. Finally, the government has made a sincereeffort to encourage foreign investment. Q. Can a non-Nicaragua purchase and own property in Nicaragua ? A. Yes, a foreigner has the same rights to own property in Nicaragua as do citizens. The ownership rights are guaranteed by the Nicaragua constitution and apply regardless of whether the property is placed in the name of a corporation or in the name of an individual. Citizenship, residence and presence in the…
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Mexico Guide FAQ

Mexico Guide FAQ

FAQ, Mexico
Frequently Asked Questions About Mexico Mexico is rapidly becoming one of the most popular countries for Americans, Europeans and other foreign nationals to purchase vacation homes. While Mexico real estate can be a lucrative investment, some foreign investors may feel uneasy about buying "south of the border." Here's what you need to know about purchasing property in Mexico as well as some general information about the country. Buying Property in Mexico Q: Can citizens of countries other than Mexico buy and own real estate in Mexico? A: Yes, citizens of countries other than Mexico can purchase property in Mexico by placing the property in a bank trust, also known as Fideicomiso. Q: Can foreigners own real estate near Mexico's borders or on near the ocean? A: The Mexican Constitution previously…
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