The Cambodian gov’t has decided to continue and increase tax incentives for the real estate sector until the end of 2025

• 6 November 2024
• Local News
• 143 Views

The Cambodian government has decided to extend and increase tax incentives for the real estate sector until the end of 2025 to alleviate the tax burden on housing developers and property owners.

On November 4, 2024, Samdech President Hun Manet announced on his official Facebook page that these tax incentive measures are intended to support and facilitate housing developers, investors, and property owners, all contributing to the development of the real estate sector and the overall growth of the Cambodian economy.

Additionally, on the same day, the President of the Cambodian Housing Developers Association expressed gratitude to the government, noting that this initiative will help ease the tax burden for local housing developers and property owners. This measure is seen as a way to encourage Cambodian housing developers and investors to continue their efforts in partnership with the Royal Government to advance the Cambodian real estate sector.

It is also important to note that the Ministry of Economy and Finance recently issued a new decision to extend the stamp duty exemption on the transfer of ownership or possession of all types of housing in the Borey category valued at $70,000 or less, effective until the end of 2025. (Read more)

• Policy and Strategy