5월 14, 2018
The Council of Ministers on Friday reviewed the draft amendments to the Law on Nationality, which was originally passed by the National Assembly on August 20, 1996, with a view to increasing the fee for investors and others who wish to obtain Cambodian nationality.
Current provisions of the law to be amended specifically pertains to foreigners, and are enshrined in articles 10, 11 and 12.
Article 10 states: “For any foreigner who had received a letter of authorisation for investment from the Cambodian Development Council and who had implemented concretely actual projects costing an initial capital of 1.25 billion riel [$312,500] and up, the period of residence as stated in the Sub-para 3 of Article 8 of this law shall be exempted.”
As for Article 11, it states: “For any foreigner who has no letter of authorisation for investment from the Cambodian Development Council, but who had received authorisation for investment legally from the Royal Government and who had spent initial capital of 1.25 billion riel and up, the period of residence as stated in the Sub-para 3 of Article 8 of this law shall be exempted.”http://www.phnompenhpost.com/national/govt-looking-amend-law-nationality