Nearest country to Cambodia where a non national can legally own land?

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atst
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by atst » Thu Jul 18, 2019 12:22 am

la8rat wrote:
Wed Jul 17, 2019 10:05 pm
The Seawolf wrote:
Wed Jul 17, 2019 9:55 pm
la8rat wrote:
Wed Jul 17, 2019 5:32 pm
in 3 years or so i could be sitting on a tidy little lump sum.

Is that when you reckon your folks will be dead eh?

Phillippinnes.
no its when i hit 55 and can cash my pension in and sell my almost payed off house. next door just sold for £100k

whats your plan? making your fortune in tact, taste and diplomacy courses eh?
Keep your house and rent it out use this money to rent where you like to live that's maybe best option then you have something to go back to if needed
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la8rat
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by la8rat » Thu Jul 18, 2019 9:54 am

atst wrote:
Thu Jul 18, 2019 12:22 am
la8rat wrote:
Wed Jul 17, 2019 10:05 pm
The Seawolf wrote:
Wed Jul 17, 2019 9:55 pm
la8rat wrote:
Wed Jul 17, 2019 5:32 pm
in 3 years or so i could be sitting on a tidy little lump sum.

Is that when you reckon your folks will be dead eh?

Phillippinnes.
no its when i hit 55 and can cash my pension in and sell my almost payed off house. next door just sold for £100k

whats your plan? making your fortune in tact, taste and diplomacy courses eh?
Keep your house and rent it out use this money to rent where you like to live that's maybe best option then you have something to go back to if needed
I rented it out before when i lived in Holland for a few years. It was a nightmare. Had a letting agent who was a waste of time. Tenent wreaking things. Tenents who didnt want to move out when i got home, spent 6 months on a mates sofa once because thats the deal the letting agent gave the tenant.
These days its even worse in the uk. Tenants have all the rights. Landlords are seen as evil scum to be protected against.
A friend rents his out privately to people he knows, while hes moved in with his gf in the same town. Its almost like a second job for him. One that only just pays his mortgage and puts nothing in his pocket.
Tenants split up.. need new tenants. Tenant looses his job and goes back to parents. Tenant changes job to different town. Tenant turns out to be border line retarded and my mate has to go up 3 times a week to restart the boiler..
No thanks.
A lie can get round the world faster than the truth can get its boots on.
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Duncan
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by Duncan » Thu Jul 18, 2019 10:34 am

Dont know about other countries, but in OZ here is how I do it. I look through https://flatmates.com.au/ and find someone.,, I dont rent the house and tell that person that I find suitable, they are '' house sitting '' while I'm away. This entitles me to enter at any time I want, which I do every six months as I still officially live in it and one of the bedrooms.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
johnny lightning
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by johnny lightning » Fri Jul 19, 2019 8:17 pm

A foreigner cannot own land in the PI. You can own the property such as a house that sits on it, but not the land itself.

On a similar vein, why do all the countries have these rules when there are no such laws in western countries? There should at least be some reciprocal law such as if you are from country X and you want to buy this chunk of land and your country doesn't allow my country's citizens to own land in yours, then fuck off.
atst
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by atst » Sat Jul 20, 2019 10:03 am

johnny lightning wrote:
Fri Jul 19, 2019 8:17 pm
A foreigner cannot own land in the PI. You can own the property such as a house that sits on it, but not the land itself.

On a similar vein, why do all the countries have these rules when there are no such laws in western countries? There should at least be some reciprocal law such as if you are from country X and you want to buy this chunk of land and your country doesn't allow my country's citizens to own land in yours, then fuck off.
I think it's a good idea it helps keep the price down so locals can afford just look a western countries most locals are priced out of the market because of forien investors
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la8rat
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by la8rat » Sat Jul 20, 2019 11:16 am

atst wrote:
Sat Jul 20, 2019 10:03 am
johnny lightning wrote:
Fri Jul 19, 2019 8:17 pm
A foreigner cannot own land in the PI. You can own the property such as a house that sits on it, but not the land itself.

On a similar vein, why do all the countries have these rules when there are no such laws in western countries? There should at least be some reciprocal law such as if you are from country X and you want to buy this chunk of land and your country doesn't allow my country's citizens to own land in yours, then fuck off.
I think it's a good idea it helps keep the price down so locals can afford just look a western countries most locals are priced out of the market because of forien investors
It could work both ways. Locals who own land but have nobody local who they can sell it to are kind of stuck with it.
Imagine a local with 2 acres of land and nothing else. He has no money to do anything with the land. If he can sell 1 acre to a foreigner for a good price then he still has a nice lump of land and some money to do something with it.
As areas around get more developed then the locals land goes up in value.
A lie can get round the world faster than the truth can get its boots on.
expatfamily
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by expatfamily » Mon Jul 22, 2019 5:27 pm

Hong Kong, I have actually seen some reasonably priced lots in Hong Kong countryside for sale.

Japan would be another option you can buy beachfront land in places like Chiba near Tokyo, again not crazy prices.
explorer
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by explorer » Mon Jul 22, 2019 6:46 pm

I would invest in Australia. Real estate in many parts of Australia is quite cheap now. The law is also enforced.
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Mr.November
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Re: Nearest country to Cambodia where a non national can legally own land?

Post by Mr.November » Mon Jul 22, 2019 7:50 pm

Maybe not a direct answer to your question. - but I would look at Mongolia if you have experience living in a developing country. Although you cannot “buy” land there, there are many ways of owning it (e.g. stake your claim and convince the local government your project will bring jobs - get free land). But the point is, anyone can own an apartment in Mongolia (or a shop - with indefinite leasehold), and yields are ridiculously high. I am getting 20-25% on my 4 studio apartments in Ulaanbaatar and they cost around $20k each, with rental prices similar to Cambodia. Management is provided by heaps of Remax individuals who are very happy with 10% of the rent, plus the equity growth is enormous from those levels.
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