February 16th, 2023 at 12:03 am

CAMBODIA 2023 EXPRESS PERMANENT RESIDENCE VISA FOR EVERYONE

For foreigners in ASEAN, obtaining a long-term resident status is a difficult task. The rules and procedures differ greatly amongst the nations and can occasionally be pricey.
We provide an outline of the permanent residence options for foreigners desiring to live in Cambodia in this post.

CAMBODIA PERMANENT RESIDENCE PERMITS ELIGIBILITY CRITERIA

Since its standard visa can be extended indefinitely, Cambodia does not grant permanent residency except in very rare instances. As a result, foreigners who want to stay in Cambodia for an extended period can either seek Cambodian citizenship or obtain and prolong their business or regular visas.

BENEFITS OF CAMBODIA PERMANENT RESIDENCE PERMITS (CITIZENSHIP)

Once you are a permanent resident of Cambodia, you will benefit greatly more than those who have temporary residency status.

• First and foremost, obtaining a Cambodian passport successfully allows for visa-free travel to 54 nations, including Thailand, Singapore, Vietnam, and Malaysia, as well as the ASEAN.
• Also, once awarded citizenship, a foreigner can also possess land and other assets in Cambodia under their name.
• Additionally, you are free to work for any business you like, and you don’t have to apply for a change of legal residency if you want to start new activities.
• Besides that, you can also get a loan.
• Finally, you have easier access to public housing.

CAMBODIA PERMANENT RESIDENT PERMIT (CITIZENSHIP) APPLICATION PROCESS

You must submit an application for resident status in Cambodia before the expiration of your current resident status (your visa).

• To seek permanent residency in Cambodia, the required documentation must first, be acquired.
• Secondly, submit the application and necessary paperwork to the immigration office in your area.
• Finally, wait as the application is processed.

REQUIRED DOCUMENTATION

The following papers must be included with your application for permanent residency in Cambodia:

• Most importantly, completed and signed application for Cambodia permanent residence
• Secondly, your Passport
• Thirdly, passport-size photograph
• Additionally, proof of payment of taxes
• Also, recent bank statements
• In addition, your spouse’s family registry if married to a citizen of Cambodia.

CAMBODIA PERMANENT RESIDENT PERMIT (CITIZENSHIP) PROCESSING TIME

The immigration services handle applications for permanent residency in Cambodia in just 6 months. It might take longer in some circumstances, though, depending on the specifics.

CAMBODIA PERMANENT RESIDENT PERMIT (CITIZENSHIP) COST

Additionally, Cambodia offers a direct nationality by investment program that calls for a minimum investment of $305,000 into a government-approved enterprise or a government contribution of $245,000 plus costs. After submission, processing takes between three and four months.

To learn much about Legal Permanent Residence Permits, go to NewsNowGh.com.

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