ASEAN COMMUNITY OF ENTREPRENEURS
EXPAT ENTREPENEUR
Cambodia:
A Frontier
for Learning,
Start-Ups,
Expat Retirement
ADAPTED FROM THE REACH MAGAZINE
G
oing into the new
century, Cambodia has
plenty of good things
going for itself. Looked
down in the past as a
backwater hellhole with bad hospitals
and Potemkin villages, Cambodia
has risen from the ashes and is now a
gem of a place to do plenty of things.
An emerging market in the most
stable regional economic zone in
the world, Cambodia has everything
entrepreneurs want to explore
and be among the first to reap the
rewards of having a business or social
development project there.
If you are from the ASEAN
region and are looking for a place
that will grow and gracefully evolve
into an economic and cultural tiger,
Cambodia may just be your best bet.
There will be growing pains for
anyone who sets up shop in Phnom
Penh because the Khmer government
is still laying down the groundwork
for everyone to play fair and get the
best deal out of everything. However,
the most gratifying news may be that
local rules allow businesses to be fully
owned by foreign investors and the
relatively ease of moving money in
and out of the country.
ISSUE 2 : 2016 | ASEAN COMMUNITY OF ENTREPRENEURS
43