With Strata titles being the more popular choice to enter into the Cambodian real estate market, some foreigners are not aware that they are actually able to utilize other means to own, or at least control, landed properties and land. Grant Fitzgerald, Country Manager of Independent Property Services, reveals – in his interview with Realestate.com.kh – other ways of buying land as a foreigner in Cambodia.
Buying Land as a Foreigner in Cambodia via Nominee:
Although a bit riskier than buying in your own name, Fitzgerald says that a widely-used method of buying land as a foreigner in Cambodia is through a nominee structure.
He explains that “essentially, the nominee structure works by the foreigner buying for the property. However, the title is held in a Khmer national’s name.”
But he clarifies that there are security measures that foreign nationals can take in order to protect their investments.
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