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Foreigner Purchase and Ownership of Real Estate Cambodia

Land Law 2001 • This law has the objective to determine the regime of ownership for immovable properties in the Kingdom of Cambodia for the purpose of guaranteeing the rights of ownership and other rights related to immovable property, according to the provisions of the 1993 Constitution of the Kingdom of Cambodia. • According Article 8 Land Law 2001 Only natural persons or legal entities of Khmer nationality have the right to ownership of land in the Kingdom of Cambodia. Thus, the following persons or entities may be owners of land in Cambodia: Cambodian citizens, public territorial collectives, public institutions, Cambodian communities or associations, public enterprises, Cambodian civil or commercial enterprises and any Cambodian organization which is recognized by law as a legal entity. A foreigner who falsifies national identity to become an owner of land in Cambodia shall be punished as determined under article 251 of this law. Any property bought under these cir...
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Learning Soft and Hard Titles of Cambodia Land Property Ownership!!

Cambodia Property Ownership: Understanding Title Forms SOFT TITLE Soft titles are the most common form of ownership with some estimating up to 85% of all property held in Cambodia held under soft title. This title form is registered at the Sangkat (council) and Khan (district) levels only and is not registered at the National level. As the administration of these titles are managed by the local authorities, soft titles are transferred quickly (normally less than 10 working days) and at a low cost. HARD TITLE Hard title properties are the strongest form of land ownership in Cambodia. Hard titles are registered at the Ministry of Land Management, Urban Planning and Construction (National level). In the rare instance where a property has a hard title and a soft title, the hard title trumps claims of ownership based on possessory right. Because of this some property owners prefer to deal with hard titles. Transfer of hard titles are done at the cadastral office and usually takes around...

Whatever your mind can conceive and believe it can achieve by Napoleon Hill

Who is Napoleon Hill?  Napoleon Hill  was borne in October 26, 1883 ad he died in November 8, 1970, was an American author in the  new thought  tradition of the previous century, and an early producer of  personal-success literature .  At the time of Hill's death in 1970, his best-known work,  Think and Grow Rich  in 1937 had sold 20 million copies.  Hill's works insisted fervid expectations are essential to increasing one's income.   Most of his books were promoted as expositing principles to achieve "success". Hill was an advisor to two presidents of the United States of America,  Woodrow Wilson  and  Franklin Delano Roosevelt .  How was life and work?  Hill was born in a one-room cabin near the  Appalachian  town of  Pound in  Southwest Virginia .  Hill's mother died when he was nine years old, and his father remarried two years later. At the age of 13, Hill began...

Leadership

"The Nature of Leadership" Leadership is a subject that has long excited interest among people. The team connotes images of powerful, dynamic individuals who command victorious armies, direct corporate empires from atop gleaming skyscrapers, or shape the course of nations. The exploits of brave and clever leasers are the essence of many legends and myths. Much of our description of history is the story of military, political, religious, and social leaders who are credited or blamed for important historical events, even though we do not understand very well how the events were caused or how much influence the leader really had. The widespread fascination with leader ship may because it is such a mysterious process, as well as one that touches everyone's life. Why did certain leaders (e.g, Gandhi, Mahammed, Mao Tse Tung) inspire such a intense fervor and dedication? How did certain leaders ( Julius Caeser, Alexander the great) build great empires?  Questions about...

Diarrhoeas is the acute, most common symtom of foodborne illness

Foodborne Diseases Foodborne and waterborn diarrheal diseases are a problem for every countries in the world but they can be prevented. Diarrhoeas is the acute, most common symtom of foodborne illness, but other serious consequences include kidney and liver failure, brain and neural disorders, reactive arnthritis cancer and death. Souce: WHO

Five keys to safer your food

The five keys to safer food explain the basic principles that each individual should know all over the world to prevent food-borne diseases. Over 100 countries have report using the five keys to safer Food. The core message of the five keys to safer food are:  Key 1: Keep clean Key 2: Separate raw and cooked Key 3: Cook thoroughly Key 4: Keep food at safe temperatures Key 5: Use safe water and raw materials Read more on Five Keys Safer Food here

When you start doing business, you need to think about "5Ws2Hs"

Every business comes out of an idea. Businesses are started by men and women who see that people what to buy a paricular product or a service. When you discover a business opportunity you need to develop you thoughts into a business idea. A business idea is a short and precise description of the basic operations of the business. Your business idea will tell you: WHO, WHAT, HOW, AND WHICH Continue here

Methodology of doing business

Starting a Business Methodology Figure 1 - What are the time, cost, paid-in minimum capital and number of procedures to get a local limited liability company up and running? Doing Business  records all procedures officially required, or commonly done in practice, for an entrepreneur to start up and formally operate an industrial or commercial business, as well as the time and cost to complete these procedures and the paid-in minimum capital requirement (figure 1). These procedures include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions for the company and employees with relevant authorities. The ranking of economies on the ease of starting a business is determined by sorting their distance to frontier scores for starting a business. These scores are the simple average of the distance to frontier scores for each of the component indicators (figure 2). The distance to frontier score shows the distance of an e...

Five Core Elements, Parents have to teach your children about Financial.

Five Core Elements Aflatoun’s programme is grounded in a belief that children around the world should have an understanding of their rights and responsibilities. Furthermore, they should also know, and have access to, the financial tools they need to realise these rights. Therefore, Aflatoun’s programme involves two key trajectories of learning; one focused on social skills, the other on financial education. While the concept seems new, it represents a culmination of years of refinement and innovation – from its beginnings as a field action project in Mumbai, India in 1991 through to its current programme. All books and activities included in the current Aflatoun programme address these issues through ‘Five Core Elements’ that are balanced throughout the curriculum. 1. Personal Understanding and Exploration Aflatoun increases a child’s confidence and understanding by helping them explore their own identity from an early age. 2. Rights and Responsibilities Aflatoun’s programme ...

How to manage your loan?? part01

"Getting into debt is far easier than getting out of it. If you shop around and manage your loans, they won't make a mess of your finances."  When you should borrow?  Look at the total cost including all the interest before you borrow. Only borrow if you are sure you can afford the repayments.  For things you just Want, such as holiday, it's cheaper to save up for them. Even for things you may Need, such as a smart phone, it cheaper to save if you can.  If you do borrow, pick the shortest  repayment period you can afford, especially for anything that you use up quickly, like a holiday, or that loses value, like a smart phone.  For a home, almost everyone has to borrow because it's hardly realistic to save up for one. In this case, it can make good sens to borrow, because a home could increase in value, perhaps even faster than the interest rate you will pay. How much should you borrow?   It pays to be cautions. Lenders or mortgag...