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Guide to home loans as a foreigner in Cambodia


geovalin

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Cambodia’s fast-growing economy has made it home to many expatriates and attracted a flurry of foreign investors. This influx of foreign buyers has also been influential in the progression of the Kingdom’s real estate sector with many developers molding their properties to popular designs abroad. But even foreigners cannot buy a home with a 100% payment right away, hence, the need for home loans.

 

There is a prevailing belief that expatriates or foreigners, in general, have a harder time getting a home loan. While it is indeed more challenging compared to locals, it is still possible for foreigners to get a home loan in Cambodia.

Getting a home loan as a foreigner

 

Not every bank offers home loans to non-Cambodians. Fortunately, there are banks such as RHB Cambodia, a Malaysian-owned bank, offering home loans to expatriates and foreign investors interested in Cambodian property.

Expatriates in the Kingdom and foreigners living abroad may be asked to present any of the following requirements when applying for a home loan:

 

read more https://www.khmertimeskh.com/50870841/guide-to-home-loans-as-a-foreigner-in-cambodia/

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