Cambodia offers a direct Citizenship by Investment (CBI) program with minimal physical presence, allowing dual citizenship and ASEAN access. The Cambodia My Second Home (CM2H) program provides a 10-year golden visa with a path to citizenship after five years.
Cambodia offers a direct citizenship by investment program with minimal physical presence requirements, allowing dual citizenship and providing access to the ASEAN region. The process typically takes around six months.
Cambodia My Second Home (CM2H)
Cost: $50,000 (Donation)
Timeline: 0.2 years
Presence Required: 10 working days for initial application
The Cambodia My Second Home (CM2H) program offers a 10-year golden visa with investment options starting from $50,000. It provides a path to citizenship after five years for those who demonstrate a serious business relationship and maintain their investment.
Step-by-Step Process
Citizenship by Investment (Donation)
: Consult with authorized agent and prepare initial documents.
— 1-2 weeks — $5,000 - $10,000 (legal fees)
: Submit application to the Council of Ministers.
— 1 month — Included in legal fees
: Receive approval in principle and make the donation.
— 1 month — $245,000 - $250,000 (donation)
: Attend oath of allegiance ceremony and receive citizenship certificate/passport.
— 1 month — Included in legal fees
Pros & Cons
Advantages
Direct CBI program available
Dual citizenship permitted
Access to ASEAN region
Low physical presence for CBI
Relatively fast processing times
Challenges
High investment cost for CBI
Limited visa-free travel with Cambodian passport
Political instability concerns
Bureaucracy and corruption can be issues
Requirements
Passport copy — Certified copy of valid passport
Birth certificate — Certified copy
Police clearance certificate — From country of origin and residence
Proof of funds — Bank statements or financial records for investment
Medical certificate — Confirming good health
Tax System
System: territorial
Cambodia operates a territorial tax system. Residents are taxed on income sourced within Cambodia. Foreign-sourced income is generally not taxed unless remitted to Cambodia.
Frequently Asked Questions
Is dual citizenship allowed in Cambodia?
Yes, Cambodia permits dual citizenship for those acquiring it through investment.
What is the minimum investment for CBI?
The minimum investment for Citizenship by Investment (Donation) is $245,000.
Can I include family members in my application?
Yes, immediate family members can typically be included in CBI applications.