Property Trust is a professionally managed trust that provides investors (i.e., foreigners in Cambodia) with an opportunity and solution to invest in or hold ownership of property in Cambodia. Clients can appoint CANA TRUST to hold and manage the assets under the commercial trust in Cambodia. CANA TRUST, as a trustee, will hold the trust property on behalf of the clients and ensure that the trust is managed in the best interests of clients.
Example :
Mr. Zhang is a foreigner. According to Cambodian Laws, foreigner is not allowed to own landed properties in Cambodia (exception is provided for property building – 1st floor and above).
Solution: CANA TRUST CO., LTD, a trustworthy local Cambodian company holds the landed property in trust for Mr. Zhang in accordance with the agreed terms and conditions of the trust agreement. Mr. Zhang may engage CANA TRUST CO., LTD to manage the landed properties such as rental collection from tenants, paying utilities bills, disposal of the landed properties etc.
