Unlocking Cambodia: Citizenship Through Investment
Cambodia offers a path to citizenship for foreign investors through its Citizenship by Investment (CBI) program. Established in 1996, this program allows individuals and their families to gain Cambodian citizenship by investing in the country’s development.
Benefits of Cambodian Citizenship:
- ASEAN Membership: Cambodia’s membership in the ASEAN Economic Community grants citizens access to the free movement of goods, services, investments, and skilled labor within the region.
- Investment Opportunities: Citizenship opens doors to Cambodia’s growing economy, allowing you to invest and participate in its future.
- Dual Citizenship: Cambodia allows dual citizenship, so you can retain your existing passport while gaining a Cambodian one.
Qualifying for Cambodian Citizenship
To qualify for the CBI program, you’ll need to meet some requirements:
- Investment Options: Choose between a minimum investment of US$305,000 in a government-approved project or a US$245,000 donation to the Cambodian economy.
- Background Checks: Provide certificates of good behavior, police clearance, and a health certificate.
- Language and History Test: Demonstrate basic knowledge of Khmer language and Cambodian history.
- Citizenship Oath: Take an oath of allegiance to Cambodia.
The Application Process
The application process typically takes three to six months. While residence in Cambodia isn’t mandatory for the approved investment option, you will need to register a Cambodian address during your application. The Ministry of Interior reviews applications, but final approval rests with the King through a royal decree.
Considering Cambodian Citizenship by Investment
Cambodia’s CBI program offers a unique opportunity to gain citizenship in a developing Southeast Asian nation with a growing economy. Carefully weigh the benefits and requirements to see if this program aligns with your investment goals and desire for regional access.