Cambodia Facts & Figures

Father and son ride a bicycle with mountains in the background

Population 

15,458,332 (2013 est.)

Gross Domestic  Product (GDP)

$39.64 billion (2013 est.)

GDP Per Capita

$2,600 (2013 est.)

Inflation Rate

3.2% (2013 est.)

Currency

Riels (KHR)

Exchange Rate Versus U.S. Dollar 

4,037.6 (2013 est.) per US dollar

Language

Khmer (official) 96.3%, other 3.7%

Capital

 Phnom Penh

Population of Capital City

2,011,725

Time Zone

GMT/UTC + 7 hour

Seasons

Tropical; rainy, monsoon season (May to November); dry season (December to April); little seasonal temperature variation

International Dialing Code

855

Electricity

230 V/ 50 Hz

System of Government

multiparty democracy under a constitutional monarchy

Name and Party Affiliation of Current Leader

Prime Minister HUN SEN (since 14 January 1985) [co-prime minister from 1993 to 1997]; Permanent Deputy Prime Minister MEN SAM AN (since 25 September 2008); Deputy Prime Ministers SAR KHENG (since 3 February 1992)

Income Tax Rate for Residents

0% – 20%

Property Tax

0.1%

Capital Gains Tax

Cambodia does not impose a separate tax on capital gains. Gains arising from the disposal of real property and other

assets are treated as ordinary income and are therefore subject to tax at the prevailing CIT/ToP rate

Inheritance Tax

none

Rental Income Tax

Income from leasing real estate properties earned by nonresident individuals is subject to withholding tax at 14%.

Transfer Tax

Registration Tax is levied at a rate of 4% on transfer of ownership of real property or transfer of occupancy right of land without building in the form of sale, exchange, receiving gift, putting capital in company.

Sales Tax

10%

Restrictions on Foreign Ownership of Property

Under the current rules, foreign property investments must be made in the name of a Cambodian national, and many are unwilling to risk losing their assets to unscrupulous local partners.

Local Chamber of Commerce

http://www.ccc.org.kh/

American Chamber of Commerce

http://www.amchamcambodia.net/

Primary Exports

 clothing, timber, rubber, rice, fish, tobacco, footwear

Residency and Visa Requirements

The country does not offer any extended visa specifically for retirees. Instead you can turn up at the airport unannounced and get a one-year visa, renewable at the end of the 12 months, on arrival.

Special Benefits for  Foreign Residents or Retirees

Requirements for a business or an employment visa in Cambodia can be quite lax. Again, working as little as a day or two per month (or less) or finding a local agent specializing in business visas can be all you need to obtain a longer-stay visa.

National Airline

None

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