Gender: Age: 23 Zodiac: Joined: 08 Jun 2008 Posts: 1
Home Country: uk
Posted: Sun Jun 08, 2008 6:08 pm Post subject: HOW CAN I BUY LAND IN CAMBODIA SAFELY?
HI, I AM ENGLISH AND AM LOOKING TO BUY A PLOT OF LAND WITH MY GIRLFRIEND IN NORTH CAMBODIA, IN SIYONG, PREAH VIHEAR WHERE HERE FAMILY LIVE. BUT NEED TO KNOW
HOW CAN I LEGALLY OWN THIS LAND?
AND THE LAND IS 70M X 20M BUT THEY ARE FOR ASKING $10,000 WHICH SOUNDS EXPENSIVE?
IF ANYONE CAN HELP ME ANSWER THESE QUESTIONS PLEASE HELP
As a foreigner you cannot own land.
Your girlfriend could...but unless shes paying or your happy to give her $10k then thats not really important. Just remember if you buy in her name you dont have any right over it... esp if you split.
You could get a 99 year lease and have it in your name, which is almost as good as owning. But if you cannot speak/read/write fluent khymer, which im guessing you cant, dont bother. Your gonna get ripped off. If you still want to go ahead, do some research, get a good laywer... and not one from the province where you want to buy (the lease).
As in everthing in life, something is worth what someone is prepared to pay. As a foreigner the khymers are obviously gonna try to overcharge you by 10 times... you might want to consider what $10,000 is worth in cambodia before handing over your cash... and im not just talking material goods... $10,000 could be 10+ years work in the countryside...