Cambodia is joining our portfolio, with property in Phnom Penh and Siem Reap expected before the end of the year, and it brings something few markets in our range can offer. Own the right property here and you are not just buying an apartment, you are opening the door to a second home in Southeast Asia. Cambodia runs a renewable long stay visa tied to a qualifying investment, a straightforward retirement visa from age 55, and for those who want to go further, a genuine path to citizenship. Add prices in US dollars, no currency conversion to think about, and returns that are among the strongest in the region, and Cambodia becomes one of the more complete opportunities we have seen in years. Register your interest now and be first in line when the properties land.
What Makes Cambodia Different?
It is one of the few places in the world where a property purchase can genuinely open the door to living there.
- A second home visa. Cambodia’s My Second Home style program offers a renewable long stay visa tied to a qualifying investment, with a stated pathway toward citizenship over time.
- A simple retirement option. For those 55 and over, a straightforward retirement visa is available, renewable indefinitely, with no property purchase required at all.
- A genuine route to citizenship. For investors who want to go all the way, Cambodia now allows a path to full citizenship, and dual citizenship is permitted, so you do not have to give up what you already hold.
- Dollar pricing. Property is priced, rented and sold in US dollars, so there is no exchange rate to manage between buying and collecting your return.
What Is Cambodia’s Second Home Visa?
A renewable ten year visa, tied to a qualifying investment, with a stated pathway to citizenship over five years.
It sits alongside a straightforward everyday visa system built around ordinary long stay categories, including a simple retirement option from age 55. For anyone who wants more than a standard long stay and is willing to invest a little more, the second home route is the one worth knowing about, and it is exactly the kind of thing worth structuring properly from day one.
Can Cambodia Really Lead to Citizenship?
Yes, for investors who want to take it that far. Cambodia has a defined investment route to full citizenship, and the December 2025 reform of the nationality law explicitly permits dual citizenship, which removes what used to be a genuine sticking point for a lot of investors.
This sits at the top end of the opportunity rather than the entry point, and it is a bigger commitment than the second home visa. For the buyer who wants to keep every option open, from a holiday apartment through to a genuine second passport, Cambodia is one of the few places in our range where all of those steps exist on the same ladder.
What Should You Expect on Price and Returns?
Entry prices in central Phnom Penh have been reported from around USD 60,000 to 80,000, below anything we currently offer in Thailand. Reported gross yields in the best Phnom Penh districts run to 7 or 8 percent, with Siem Reap not far behind on the back of steady tourism demand.
Everything is priced in US dollars, so what you agree to pay is what you pay, and what you collect in rent arrives in the currency you can actually use.
What Happens Next?
I am securing stock in both Phnom Penh and Siem Reap now, with properties expected before the end of the year. Buyers who register their interest today will be the first to hear when they land, and first to see the properties before they reach the website.
As with every market we work in, we have specialists on the ground in Cambodia who handle the property, the paperwork and the visa side properly, so nothing is left to chance.
Frequently Asked Questions
Can buying property in Cambodia lead to residency?
Yes. Cambodia’s second home style visa offers a renewable long stay visa tied to a qualifying investment, with a stated pathway toward citizenship over time.
Does Cambodia offer a retirement visa?
Yes, a straightforward retirement visa is available from age 55, renewable indefinitely, without needing to buy property.
Can foreigners become Cambodian citizens?
Yes, through a defined investment route. Dual citizenship is explicitly permitted, so investors are not required to give up their existing citizenship.
Is property in Cambodia priced in US dollars?
Yes. Cambodia’s economy is dollarised, so property is priced, rented and sold in US dollars, with no local currency conversion to manage.
When will Cambodian properties be available?
I expect to have stock in Phnom Penh and Siem Reap before the end of the year. Register your interest now to hear about it first.
Talk to me first
Cambodia is one of the most complete opportunities in our portfolio, property, residency and a real path to citizenship, all in one place. We have specialists in country to make sure it is done properly, and I would rather you hear about it from me first than after it has launched. Register your interest today.
About the author. Rick Flay has more than 30 years of experience in real estate, with over 1,000 properties sold and rented across international markets. Rick Flay International Real Estate works with an affiliate network spanning more than 20 countries, helping clients buy, sell and relocate.
Property, visa and citizenship rules in Cambodia change, and the right approach depends on your circumstances. Nothing in this article is financial, legal or immigration advice. Always take independent professional advice.
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