Cambodia country has been developing more and more due to the new investments of other countries who invest in Cambodia from many various sectors such as agricultural, industrial, housing market, and so on. The justification of investments in Cambodia is that they can gain a lot of profits within in a really short time. Consequently, considering to invest in Cambodia may have in your minds too, though you may not know any clues about this country yet. As a result, there are some useful tips below here just to show you of why expats should invest in Cambodia.
Brief Information about Cambodia
- Region: South-Eastern Asia
- Capital City: Phnom Penh
- Population: 15.6 million people that has been estimated since 2015
- Area: 181,035 km2
- Currency: Riel (KHR)
1. Stable Political
If we talk about politic in Cambodia, there is only one prime minister who has been held since 1985. The stability of this country can be trusted for you to invest without concerning. In addition, there are many staffs who work as ministers are all come out with experiences to provide you a great serving. You can invest as much as you can without worrying about moving apart of a problem of fighting between each party.
2. Low tax
Because Cambodia is a developing country, the tax that each investment should pay is still low. Hence, this reason is also very great for saving your money. Occasionally, by paying low tax will save you big or small amount of money if comparing to other countries, or neighboring countries of this country. Furthermore, what most investor thinks of investing in other countries will be about the payment of tax, and if Cambodia can offer a perfect benefit of paying low tax, the consideration of investing in Cambodia also grow.
3. Low Payment of Workers
In Cambodia, the expenses of each product are sold with a very affordable price that most people are able to buy them conveniently, and if the expenses of each person spends is not really a lot, they don’t need high income of each month to support their daily lives of eating or buying stuff. Moreover, if you are interested in investment in Cambodia, you can earn a lot and you don’t have to spend much money of workers’ payment as well.
4. Low Cost of Internet
Communication is very important, especially for expats who invest to another country. They require telecom through the internet for communication, so if the price of internet is inexpensive, that’s really convenient and save some amount of money. Moreover, despite communication, the internet can be used to promote your productions to get more users to start to consume your products, and you can use whatever you want with only pay in a very low price.
5. Nice Natural Resources and Great Civilization
What Cambodia precious thing has is the fertile land which is very good for agricultural that most of the citizen in Cambodia are farmers. This land can be invested to make a nice production of producing food. Another worthy thing of this country is the rich culture which attracts many tourists to visit every year including significant site such as temples that demonstrates of Cambodia historical, spectacular view of nature and beach. That most expats should consider of investment.
6. GDP growth
Since in 2006 and up until 2008, GDP in Cambodia has growth is up and down. However, starting from 2010, GDP in Cambodia has growth up and up which are very great for expats to invest in their fascinating sectors. There are many choices for investors to consider for investment, or most expats already have their interesting goals for investment. Consequently, due to the growing of GDP, your investments will gain a lot of profits.
To sum up, Cambodia is a country which is great for investments, and according to the reasons above, most expats from other different countries really satisfy to invest in Cambodia. Furthermore, they occasionally have their own reasons for investing in many sectors in this country because they can find their own interest to have a good investment.
(Some Information are taken from Google)