The reasons why people are moving to Cambodia is are because of the followings: 1. Affordability: food, accommodation & transportation and everything is available . 2. Culture: rich, ancient and unique 3. People: friendliness, kindness, politeness and respect for foreigners and elderly 4. Visa & regulations: the world easiest, just go to agent and you get things done. 5. Landscape: Angkor Wat $ other 8000+ temples - to Phnom Penh (bustling capital city, and Sihanouk Ville), beaches (pristine and white af) to laid back town (Kampot, Kep & Battambang) to natural landscape in the northeast. 6. Integration: Cambodia is one of easiest to integrate or blend into. 7. Languages: Everyone speak basic/communicative English. People also speak Chinese. National language is Khmer. 8. Business & Growth: Cambodia is one of the world fastest growing economies, and it is very easy to start a business. 9. Cheap Labor: you actually can have a house maid for just $250 monthly.
Does Cambodia tax income from foreign sources. What are the requirements for the Cambodia My 2 Home Visa? Thank you so much. I love your videos a lot!!
Unfortunately, Chinese investors took over Sihanoukville, started building dozens upon dozens of casinos but when online gambling became illegal in Cambodia, those Chinese investors bailed leaving all of those casinos half-built. The city is now an eyesore of highrise concrete skeletons, but many Chinese still live there making crime a real problem which ruined a once-peaceful and serene beach community. I feel bad for the locals and those retirees like me who wanted to live there but went instead to Kampot, Battambang, Siem Reap and Phnom Penh… anywhere but Sihanoukville.
I'm 56, had to take early retirement from work and my pension in Cambodia would be $835 a month currently- I cannot find a clear, unambiguous amount you need to obtain retirement residency? If this isn't enough could I just get a rolling 12 month tourist one if I wanted to say over-winter there for 6 months at a time each year? Is there a limit to the times you can apply in a certain period etc?? (Trapped on prison island UK as it sinks...)
@BarrioBarranco1 you can do it, there is no minimum amount, you can just renew a business and or tourist visa, but with 835 you can survive but it will be tight, especially if you are flying back go the UK every year. Good luck in your journey
I heard we get VOA but i guess we still have to pay. I did when i visited it in 2018, asking previously for a visa and it was not cheap. I guess we still have to pay 30+$, don't we?
Yes, you still have to pay. As a tourist, it is certainly not cheap. But extending a business visa and being able to stay year round for the price that it is (more expensive than the tourist entry), it is still an extremely cheap deal compared to similar deals in Thailand, Malaysia and even Vietnam.
@@traveleconomics Thailand and Malaysia are VOA free, 60 days from this June in Th, 90 days in My. I decided not to visit countries there where i've to pay, Indonesia returned to pay for Visa since the pandemic. Out of my list definitely
@@zeluis9219 Yes, for short stays, because of the visa situation, Thailand is probably superior to Cambodia in every sense. However, if you want to aim for residency and budget is a limitation, Cambodia can be a good option for the time being compared to the Thai Elite Visa for example or the Malaysia program.
@@traveleconomics Honestly, i love SE Asia and visit it every year, since 2017. Know all the ASEAN countries now. But not convinced any of them are good for retirement. I'm not at that stage yet and i've been learning options there so i distrust all eased facilities they occasionally offer for pensioners and alike. Great region for long holidays, have many gf there but it's tricky to thing on retiring and living there permanently. I prefer long, regular holidays there ☺
There is a downside to the easy visa thing and low costs. It attracts a lot of really low quality expats. Especially older men who have not been successful in life due to personality issues and alcoholism. They spend all of their time drinking cheap beer and often prey upon poor Cambodian women.
While some expats fit this profile, I would say it is not even the majority of them. On the other hand, let's say Germany or US have an extremely difficult immigration policy, and that, however, does not prevent the country to get a good share of low quality foreigners moving in.
@@traveleconomics I agree that it is not the majority. But there are a lot of these guys. I have lived in Siem Reap seven years. I few years back Thailand changed their rules to specifically target them. Thailand requires that you have more than $20 grand in the bank and a monthly income of almost $1800. As a consequence, a bunch of those guys moved to Cambodia. I hope Cambodia changes their rules visa rules in a similar way.
The reasons why people are moving to Cambodia is are because of the followings:
1. Affordability: food, accommodation & transportation and everything is available .
2. Culture: rich, ancient and unique
3. People: friendliness, kindness, politeness and respect for foreigners and elderly
4. Visa & regulations: the world easiest, just go to agent and you get things done.
5. Landscape: Angkor Wat $ other 8000+ temples - to Phnom Penh (bustling capital city, and Sihanouk Ville), beaches (pristine and white af) to laid back town (Kampot, Kep & Battambang) to natural landscape in the northeast.
6. Integration: Cambodia is one of easiest to integrate or blend into.
7. Languages: Everyone speak basic/communicative English. People also speak Chinese. National language is Khmer.
8. Business & Growth: Cambodia is one of the world fastest growing economies, and it is very easy to start a business.
9. Cheap Labor: you actually can have a house maid for just $250 monthly.
Thanks as always! 🎉
Welcome tourists and investors to the kingdom of Cambodia 🇰🇭
Does Cambodia tax income from foreign sources. What are the requirements for the Cambodia My 2 Home Visa? Thank you so much. I love your videos a lot!!
I liked the country, crossed it by bus from Vietnam to Thailand. But didn't feel so welcoming and crime is rife in Sihanoukvile
Maybe when Chinese is present in the city, so that is why there is a crime.
Unfortunately, Chinese investors took over Sihanoukville, started building dozens upon dozens of casinos but when online gambling became illegal in Cambodia, those Chinese investors bailed leaving all of those casinos half-built. The city is now an eyesore of highrise concrete skeletons, but many Chinese still live there making crime a real problem which ruined a once-peaceful and serene beach community. I feel bad for the locals and those retirees like me who wanted to live there but went instead to Kampot, Battambang, Siem Reap and Phnom Penh… anywhere but Sihanoukville.
I'm 56, had to take early retirement from work and my pension in Cambodia would be $835 a month currently- I cannot find a clear, unambiguous amount you need to obtain retirement residency? If this isn't enough could I just get a rolling 12 month tourist one if I wanted to say over-winter there for 6 months at a time each year? Is there a limit to the times you can apply in a certain period etc?? (Trapped on prison island UK as it sinks...)
@BarrioBarranco1 you can do it, there is no minimum amount, you can just renew a business and or tourist visa, but with 835 you can survive but it will be tight, especially if you are flying back go the UK every year. Good luck in your journey
@@traveleconomics Thanks!!
I found they only subtract rent and electricity payments. @@Male666chauvinist
I heard we get VOA but i guess we still have to pay. I did when i visited it in 2018, asking previously for a visa and it was not cheap. I guess we still have to pay 30+$, don't we?
Yes, you still have to pay. As a tourist, it is certainly not cheap. But extending a business visa and being able to stay year round for the price that it is (more expensive than the tourist entry), it is still an extremely cheap deal compared to similar deals in Thailand, Malaysia and even Vietnam.
@@traveleconomics Thailand and Malaysia are VOA free, 60 days from this June in Th, 90 days in My. I decided not to visit countries there where i've to pay, Indonesia returned to pay for Visa since the pandemic. Out of my list definitely
@@zeluis9219 Yes, for short stays, because of the visa situation, Thailand is probably superior to Cambodia in every sense. However, if you want to aim for residency and budget is a limitation, Cambodia can be a good option for the time being compared to the Thai Elite Visa for example or the Malaysia program.
@@traveleconomics
Honestly, i love SE Asia and visit it every year, since 2017. Know all the ASEAN countries now. But not convinced any of them are good for retirement. I'm not at that stage yet and i've been learning options there so i distrust all eased facilities they occasionally offer for pensioners and alike.
Great region for long holidays, have many gf there but it's tricky to thing on retiring and living there permanently. I prefer long, regular holidays there ☺
good to see my favorite channel updating often (´・ω・`)
There is a downside to the easy visa thing and low costs. It attracts a lot of really low quality expats. Especially older men who have not been successful in life due to personality issues and alcoholism. They spend all of their time drinking cheap beer and often prey upon poor Cambodian women.
While some expats fit this profile, I would say it is not even the majority of them. On the other hand, let's say Germany or US have an extremely difficult immigration policy, and that, however, does not prevent the country to get a good share of low quality foreigners moving in.
@@traveleconomics I agree that it is not the majority. But there are a lot of these guys. I have lived in Siem Reap seven years. I few years back Thailand changed their rules to specifically target them. Thailand requires that you have more than $20 grand in the bank and a monthly income of almost $1800. As a consequence, a bunch of those guys moved to Cambodia. I hope Cambodia changes their rules visa rules in a similar way.
Can retire old man simple life $700 per month in seim reap??
if you get a good deal on accommodation yes, but it will be tight.
@@traveleconomics I'm looking at about USD 1800 and I'm not a drinker...hopefully I'll manage
@@humbertsmith8864 that will be a breeze
Beware of your body parts
cambodia is the worst country in south east asia.
I guess you forgot Myanmar in its present (and very) unfortunate state.
Cambodia has the best people.
Jaloux toujours un thaï de merde qui critique