The Ministry of Economy and Finance of Cambodia has issued a tax relief measure (Notification No. 020 dated 31st December 2024) for residential property transfers in 2025.

Key Points:

1. Effective Period
1st January 2025 – 31st December 2025

2. Applicable Properties
– Gated communities (Borey)
– Condominiums

3. Tax Incentives
For Properties Purchased Before 2025 (Transfer in 2025):
– Full stamp duty exemption for properties valued up to USD 210,000
– For properties over USD 210,000: USD 210,000 deduction from tax base
– Second/subsequent properties: USD 70,000 deduction from tax base

For Properties Purchased in 2025:
– Same benefits apply

4. Eligibility Requirements
Property Source:
– Must be purchased from registered residential developers
– Developer must be registered with either:
* Real Estate Business and Pawnshop Regulator
* Provincial Department of Economy and Finance

Documentation:
– Sale price must reflect market value
– Sale and Purchase Agreement must be submitted to tax authorities before/at transfer

Note: This update is for informational purposes only and should not be construed as legal advice. Specific circumstances may require professional consultation.