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14th - August, 2024
REAL ESTATE
by Som Ratana

Cambodia Introduces Digital Platform for Real Estate Service Licensing

The Non-Banking Financial Service Authority (NBFSA) of Cambodia has announced a significant change in the application process for real estate-related service licenses. According to a notification issued on 24th July 2024, the NBFSA has introduced a new digital platform for license applications.

Effective 1st August 2024, individuals and businesses seeking licenses for real estate-related services can now submit their applications through the CamDigiKey app. This move towards digitalization aims to streamline the licensing process and improve efficiency in the real estate sector.

This development marks an important step in Cambodia’s efforts to modernize its financial and real estate regulatory framework, leveraging technology to enhance administrative procedures.