global properties-凯发国际体育

cambodia is the only dollarized country in sea, with the advantages of dollarized country, no forex control and a non-crs* dollarized country, it is now in the golden age of economic growth.

in 2018, phnom penh in cambodia has the largest property market growth globally, with the investment return rate as high as 29.4%. according to national institute of statistics of cambodia, the annual economic growths consistently above 7% in 2011-2018, which the rapid growth is in top tier globally.

the influx of fdi in cambodia is like shenzhen and guangzhou 20 years ago, the increase in population income and purchasing power leads to the rising of property price.

*remark (crs: the full name of crs is common reporting standard for automatic exchange of financial account information in tax matters (common reporting standard), a cross-government agreement issued by the organization for economic cooperation and development (oecd) in july 2014. the main objective is to establish an exchange mechanism for international financial accounting information and a reporting mechanism for information exchange with the tax residence country of the account holder).

the project is situated in chroy changvar, the only district surrounded by water in phnom penh, with the geographical advantage just like shanghai, pudong. it is the transportation hub to north phnom penh, connecting main cities and routes in cambodia and phnom penh.

the first monorail line will also be located at chroy changvar, directing to the international airport, conveniently satisfying both business and leisure needs.

the 32nd sea games will be held in phnom penh in 2023, while the phnom penh transit system with us15 billion total investment will be ready by then. the transit system with 18 monorail stations and 2 metro stations, connect to major provinces in cambodia and further enhance the economic development.

a 4f class airport, new phnom penh international airport, is also expected to be finished in 2023 and become the world's 9th largest airport, handles over 13 million travelers a year. upon the further stages of completion, the airport can handle over 50 million travelers, these shows the huge potential and business growth opportunities in cambodia.

together with cambodia’s economic trends and global financial development, nadi makes it a top choice for overseas asset allocation with its well-equipped facilities.

chroy changvar is well-equipped with public utilities, entertainment, medical service and educational resources, not only satisfy your needs, but also achieve a premium lifestyle.

• public utilities: sea games stadium, new civic center
• entertainment: aeon mall, parkson plaza, international golf club, safari world and the largest water park in asia
• top tier medical facilities: sunrise japan hospital, calmette hospital
• well-known educational institutions: royal university of fine arts, norton university

the factory creative co-working office space covers an area of more than 34,000 m². it is a new cultural landmark combining food and beverage, family entertainment, children's education and creative office. also housed is the internationally renowned play space montessori kindergarten with two of the largest themed facilities in cambodia. it also contains a training venue, german craft beer workshop, library, corporate lecture hall, product exhibition venue, creative studio, boutique restaurants, etc. suitable for work, study and leisure, it is a popular hub for people to gather and have large numbers of people work and consume here.

the international boutique complex spans across hun sen boulevard and no. 2 norodom boulevard. situated at the heart of cambodia’s politics, administration, and economy, it is adjacent to the china and malaysia embassies and others, also close to the international school of phnom penh, dnt 93 shopping mall, and aeon mall commercial districts. everything to enjoy a vibrant and refined lifestyle.

no foreign exchange controls　non-crs* agreement
cambodia is the third largest, and only dollarized country in southeast asia, where the us dollar occupies more than 80% of the country's currency in circulation. real estate investment in cambodia can help to preserve assets with resistance to decline. without foreign exchange controls, funds are free to enter and exit and non-crs* national taxes are minimal, making it a top choice for overseas asset allocation.

no inheritance tax　property transaction tax at only 4%
cambodia has passed law on foreign property ownership in 2010, allowing foreigners to buy and sell condominiums and apartment buildings with 2 levels or above with their passports and have freehold property rights. without inheritance tax, this can undoubtedly provide a great source of wealth for future generations.

*remark (crs: the full name of crs is common reporting standard for automatic exchange of financial account information in tax matters (common reporting standard), a cross-government agreement issued by the organization for economic cooperation and development (oecd) in july 2014. the main objective is to establish an exchange mechanism for international financial accounting information and a reporting mechanism for information exchange with the tax residence country of the account holder).

immense economic potential　gdp consistently above 7%
cambodia’s gdp continued to rise from 2011 to 2018. according to cambodia’s ministry of finance forecast, industry, tourism, and agriculture will continue to grow with cambodia's gdp, increasing to us$27.2 billion in 2019. the booming economy and the continuous increase in national income have invigorated consumption and directly pushed up property prices.

2018 investment return rate of 29.4%
the hurun global house price index shows that the annual increase in property prices, rental income and exchange rate fluctuations in phnom penh, cambodia, add up to an investment return rate of 29.4%. cambodia's phnom penh has the largest increase in the world.