Exploring Cambodia: Thriving Tourism and Investor-Friendly Visas

Cambodia offers a captivating blend of enchanting landscapes, rich history and culture, and unparalleled hospitality from its people – contributing to a vibrant and growing tourism sector. Tourism in Cambodia isn’t just an attraction; it’s a potent catalyst for investment and economic growth. The country’s intriguing complexities and diverse attractions draw a considerable number of international investors and tourists alike. Let’s explore the tourism highlights that set this dynamic nation apart.

ANGKOR WAT

  Angkor Wat Temple, Siem Reap

A remarkable marvel located in Siem Reap, Angkor Wat stands as Cambodia’s most revered attraction and the world’s largest religious monument. Its architecture comprises awe-inspiring structures and religious monuments dating back to the 12th century, serving as a testament to the magnificence of the ancient Angkor Empire.

REMOTE ISLANDS

Koh Rong Samloem, Sihanoukville, Cambodia

Hidden gems scattered off the southwest coast of Cambodia in the Gulf of Thailand remain untouched to this day. Unspoilt and authentic, these pristine havens such as Koh Rong, Koh Rong Samloem, Koh Thmei, Koh Ta Kiev and Koh Totang boast secluded beaches adorned with exotic tropical flora. You can delight in both the vibrant party atmosphere of Koh Rong and the serene beauty of the surrounding islands.

HOSPITALITY & RICH CULTURE

Apsara Dancers, in Angkor Wat

See first hand a vivid tapestry of rich heritage and vibrant culture that seamlessly blends with the warm and inviting nature of its people. While tourism contributes significantly to the nation’s economy, the welcoming demeanor of the Cambodian people goes beyond mere economic interests. It reflects a deeply ingrained tradition of openness and kindness towards tourists and visitors. No matter where you find yourself in Cambodia, you are greeted with gestures of kindness and a generosity of spirit that adds a unique warmth to every encounter. 

AUTHENTIC TRAVEL

Elephant Adventure, Ratanikiri, Cambodia

TIn an era where authenticity is a treasure, Cambodia offers an abundance of genuine experiences. Immerse yourself in a community homestay, embark on a thrilling jungle trek or learn to cook traditional Cambodian cuisine.

WILDLIFE & JUNGLE

Tatai River, Cardamom Mountains

Cambodia’s awe-inspiring wilderness offers a unique haven for a broad range of wildlife and biodiversity. Venturing deeper into nature, the untamed expanse of the Cardamom Mountains unveils one of Southeast Asia’s most ecologically diverse habitats. It opens up a world of adventures including camping, kayaking, and hiking, inviting explorers to uncover captivating landscapes in one of the region’s largest remaining rainforests. 

Recent and key improvements made to Cambodia’s tourism industry include:

• Improved infrastructure: The Cambodian Government has invested in new airports, ports, roads and hotels, making it easier for tourists to travel around the country and improving the quality of tourist accommodation.
• Improved safety and security: Cambodia has greatly improved safety and security for tourists through police training and the introduction of tourism laws and regulations.
• Diversification: Developing new tourism products, such as ecotourism and cultural tourism, appeals to a broader range of tourists.
• Marketing: Promoting Cambodia to international tourists through ever-increasing marketing campaigns and partnerships with tour operators has attracted more visitors to the country.
• Investing: Increasing the training of tourism workers in other languages, customer service, and other skills has improved the quality of service that tourists receive.
• Partnerships: Government collaboration with the private sector has led to increased investment in tourism and new tourism product development.
• Community-based tourism: Communities have benefited from government training and financial assistance, resulting in increased protection of the environment and support for community development.

Specific initiatives implemented by the Cambodian Government to promote tourism include:

• Sustainable Tourism Development Project (STDP): Funded by the World Bank, this project aims to promote sustainable tourism in Cambodia through new products, infrastructure improvement, and the training of tourism workers.
• Tourism Recovery Co-financing Scheme (TRCS): Launched in May 2022, TRCS provides loans of up to US$100,000 at a concessional interest rate of 2% to tourism businesses affected by the COVID-19 pandemic.
• Digitalisation of the tourism sector: Digitising the tourism sector will make it more accessible and efficient for tourists. The government is developing a new tourism website, promoting Cambodia through social media, and making it easier for tourists to book hotels and flights online.

• E-TYPE VISA: This electronic visa can be applied for online and allows a stay of up to 30 days in Cambodia. This was one of the first countries in Asia to offer a pre-arranged electronic visa for short-term travellers. All new foreign arrivals to Cambodia must purchase a one-month E-type visa to be eligible for an ‘extension of stay’ visa. An E-type visa costs US$35 for one month, with a one-year extension costing around US$350.
• TOURIST VISA: This is the most common visa for tourists, allowing a stay of up to 30 days. Tourist visas can be applied for online, at a Cambodian embassy or consulate, or upon arrival at a Cambodian airport. The cost of a tourist visa is US$35 for one month. 
• LONG TERM VISA: Cambodia offers long-term visas, such as the business visa and the investment visa, which provide foreign investors with an opportunity to stay in the country for an extended period. These visas have longer durations compared to standard tourist visas, allowing investors to focus on their business ventures without frequent interruptions. These can be obtained online or at a Cambodian embassy or consulate.
  
• MULTIPLE ENTRY VISA: Cambodia also offers multiple-entry visas, which allow foreign investors to enter and exit the country multiple times within the validity period of the visa. This flexibility is particularly advantageous for investors who need to travel frequently for business purposes or oversee multiple projects in Cambodia. These can be obtained online or at a Cambodian embassy or consulate.
• WORK PERMIT & EMPLOYMENT VISA: Foreign investors who wish to actively engage in their business operations in Cambodia can obtain work permits and employment visas. These permits and visas allow investors to legally work, manage their businesses and employ both local and foreign staff. These can be obtained at a Cambodian embassy or consulate with the co-operation of Cambodian employers/business owners.
• RETIREMENT VISA: This visa is for people aged 55 or older who are retired. It allows a stay of up to one year in Cambodia. Retirement visas can be applied for at a Cambodian embassy or consulate.
• STUDENT VISA: This visa is for people enrolled in a full-time study program in Cambodia. It allows a stay of up to one year. Student visas can be applied for at a Cambodian embassy or consulate.

Read: Cambodian Visa Application and Essential Information

The advantages of the Cambodian visa system for foreign investors include:

BUSINESS-FRIENDLY VISA POLICIES
Cambodia has implemented business-friendly visa policies designed to attract foreign investors. These policies aim to streamline the visa application process, reduce bureaucracy and provide a favourable environment for foreign investors to establish and operate their businesses in.

EASE OF VISA RENEWAL
Cambodia has implemented measures to simplify the visa renewal process, reducing administrative burdens for foreign investors. Visa extensions can often be obtained easily, ensuring continuity and stability for investors planning to stay in the country for an extended period.

SPECIAL ECONOMIC ZONES (SEZs)
Cambodia has established SEZs, which are designated areas that offer unique investment incentives and preferential visa arrangements. Foreign investors operating within SEZs can benefit from streamlined visa processes and additional advantages, such as tax incentives, simplified customs procedures and infrastructure support.

ACCESS TO REGIONAL MARKETS
As a member of the Association of Southeast Asian Nations (ASEAN) and a signatory to various regional agreements, Cambodia provides foreign investors with access to larger regional markets. This can be advantageous for investors seeking to expand their business operations beyond Cambodia and tap into the growing regional economic opportunities.