I have received a request from a reader who was interested in finding out more about buying a property in Cambodia as a foreigner and what are the charges and taxes involved.
Below is a summary of the charges and taxes involved in my purchase of a SOHO unit in The Bridge Cambodia.
For my property purchase, I will have to pay 10% of the Purchase Price every 6 months in cash until I have completed paying 50% of the Purchase Price. Upon completion, I will need to pay the remaining 50% of the Purchase Price (either in cash or mortgage loan) and Stamp Duty Fees (Transfer Fee for Hard Title) of 4% of property value.
If you have more questions about investing in properties in Cambodia, please feel free to contact me.
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