Cambodian government agrees in principle to waive $50,000 insurance policy and $3,000 deposit for incoming travelers

[geovalin]

Prime Minister Hun Sen has approved in principle to eliminate the $3,000 deposit, and $50,000 insurance for investors, business people and experts. However,  the technical working group of the Ministry of Economy and Ministry of Health will be discussing further to do check and balance to determine whether the loosening of the measure will impact public health or not.

 

MEF’s spokesman Meas Sok Sensan, told Khmer Times that government will facilitate the procedure for the business-linked travelers including investor, director, general manager, technical staff and their family members He said that the government will soon introduce a new facilitation procedure for business-linked travelers who are coming to Cambodia, according to spokesman of the Ministry of Economy and Finance.

 

He added that  companies can sponsor or guarantee their owner, director or general manager, staff and family members. “The application to sponsor or guarantee will be done online. Then we will get approval letter with QR Code that company can send to the traveller (s) in advance of the trip,” he added.

 

read more https://www.khmertimeskh.com/50747552/cambodian-government-agrees-in-principle-to-waive-50000-insurance-policy-and-3000-deposit-for-incoming-travelers/

[american2]

If the restrictions re lowered for Retiree' I might consider moving...To an arrea not frequented by tourists from China. (or their gangs)

[Mad mick]

Cambodia as is Australia is owned by China

[drbeach]

19 hours ago, american2 said:

If the restrictions re lowered for Retiree' I might consider moving...To an arrea not frequented by tourists from China. (or their gangs)

Not likely to happen anytime soon.

 

The article seems to indicate IF they loosen these measures, the burden will be transferred to sponsoring companies. I suspect it will be a while before all measures are dropped.

 

And just like what happened when borders all closed within days of each other - whenever Cambodia fully opens up, expect Thailand to follow suit shortly thereafter. Or it could even be the other way round.

 

In short - don't expect any major changes for some time. Several months at least.

 

AND BTW Chinese gangs/tourists rule Sihanoukville, are moving into Kampot, Koh Kong and Phnom Penh, so in many ways Cambodia should be less attractive to you than Thailand other than the visa requirements.