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Cambodia, is a nation in Southeast Asia with low-lying areas, the Mekong Delta, mountains, and a coastline on the gulf.
The Art Deco Central Market, the sparkling Royal Palace, and the archaeological and historical displays of the National Museum are some of Cambodia’s highlights found in Phnom Penh, the country’s capital.
Cambodia is an amazing country to visit. While it may be one of the poorest countries in the world, Cambodia offers an interesting proposition to those who know to look for it.
So, what exactly does it offer? An intriguing frontier market with a lot of potential. Ideal for young entrepreneurs and savvy foreign investors looking for an up-and-coming place to start investing.
In this video, Andrew shares a new option to get Cambodian Citizenship.
00:00 Start
0:19 Cambodian Citizenship
2:47 living in Cambodia
5:32 Investing in Cambodia
6:45 Thai Elite Visa
8:57 Living in Asia
Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”.
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we’ve spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
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Great for Eastern European investors. Spend summer in Kiev and winter also in Kiev (Koh Ta Kiev)
South East Asian countries are lawless places of morder and mayhem, tribally organized with you having no tribe. The lone western guy with money will get kidnapped, shaken down with drugs planted on him etc.
Even locals starting a competing business in Thailand like a new retail / wholesale market get a bullet and it's by far the most popular place in South East Asia.
Don't make the mistake thinking that these lawless tribal places of morder and mayhem have anything to do with the western world or western thinking.
It's the law of the jungle and law of the most connected.
You lose any credibility to people that aren't pipe dreamers when you showcase places like that…
Yes. Any program you go for, the idea is to get in early. The earlier the better. (And you can't be more early than "new program just announced"!) The thing is that the rules seem to change and get more strict as time goes on. This is what happened with me with the Panama Friendly Nations Visa. I got in early back in 2012 when it was only $5k in a bank account and you could use that $5k to pay for your residency! And, when I applied, the only requirement was that you "promised to considered starting a business in Panama" … well, I kept my promise. I considered it. And decided NOT to start a business. But i still got it. I also have a drivers lic and a work permit. And I only visit there for 1 afternoon every 2 years, because those are all the rules I was grandfathered in for. Because I got in early. This same Panama visa is now $300k. And therein lies the lesson. Moving early on any opportunity is always the best policy.
I have lived here for 3 years now, and can now speak/read/wrire in Khmer. (I also speak English, Spanish, can get by as a tourist in a few other languages, and now I can speak/read/write child level Thai). I have lived in HI, NV, PR (I am American), México, Colombia, spent months in quite a few other Latin Am countries, as well as spent about a year in a few Balkan countries, and western Europe. I have not been in America for about 10 years now.
Here is definitely still "behind" but rapidly catching up. They are able to do things from scratch, versus upgrading existing systems, which for the most part is a positive.
Climate-wise I would compare it to Cartagena or slightly hotter/more humid than San Juan, Puerto Rico but we are used to it so we don't need AC just have fans on.
I'm 49, and in my experience, people younger than me are a bit more ….openminded towards outsiders. People around my kids ages (24 y 29) tend to know a bit more English and are aware of more "Western" things. This is not necessarily a positive or negative just an observation.
Learning to read Khmer is critical in pronouncing words correctly in my experience, as "pinyin" cannot produce the right vowels. And huge apology to any and all Australians but when/if they ever do learn it they have the worst pronunciations. 😉
Nice video, not sure why it popped up on my feed but its neat to see.
100k hihi you'll never see that money back,, just get 1year tourist visa infinitely for Cambodia or Philippines under $300
A Nice BUG loadout haven't been but soon will be patch is : Hong Kong + USA …… Hopefully the next update of Earth Online didn't patch this bug.
Well, I never even got a response to my inquiry on the Cambodian website – as a comparison, when I got the Thai Elite Visa a few years ago, everything went very smoothly from start to finish. Telling.
I already bought 2 hight end condos in Cambodia and I also speak Khmer ave English
A Plan C in my opinion or Plan D
I have lived in Thailand and traveled to Cambodia, if I can pick my $100k realestate deal and don't need to spend more then 3 months a year in Cambodia to get citizenship I am getting it.
I'm just going to Thailand keep renewing there one year visa.
Just how many Americans are moving overseas? I've talked to clients in jobs that I've had, and I've come across people who live mostly in Europe, Oceania, or South America. I look at statistics like the Census showing an 8 percent drop in the white population from 2010 to 2020. I don't think all of it is from people dying off. Then there is the FOX News story I saw about tens of thousands of Californians living in Portugal, and they didn't want them there. All of these things give the impression there is a flood of Americans leaving.
Well, I just need to save 20 times what i have in the bank I guess……
The local traditional food in Cambodia is by far the best (at least I think so). You need to speak the language and you won't find much of it in restaurants. It's almost as if they are shy about it because it has a lot of prahok in it (Cambodian fish paste). I honestly have never found better food than home cooked Cambodian food.
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because Mr Richard got me cover as I am comfortably making 1.5B T C monthly…..
Holiday in Cambodia
Ty 😇🌈🦋🌞💗🌺
The ability to buy real estate as an investment, (as a citizen) could be a big deal in coming years.
i'll wait for the real estate route before applying for a cambodia citizenship. what is cambodia's tax system? I hope they don't have capital gain tax, estate tax, wealth tax too like in st.kitts. 😉👍
“Parts of Phnom Penh remind me of Singapore.” 🤣🤣🤣
Yeahhhh bro.. that’s kinda what happens when Singapore based its city planning off of PP. the French built it back in the day