Cambodia Wealth Tax Guide 2026
Cambodia does not impose any form of wealth tax, net worth tax, or annual tax on financial assets. The only annual tax related to asset ownership is the tax on immovable property (ToIP) at 0.1%, which applies only to high-value real estate over KHR 1 billion (approx. USD 250,000). There is no tax on bank deposits, shares, bonds, or other financial investments. This makes Cambodia a highly attractive jurisdiction for high-net-worth individuals.
Overview — No Wealth Tax
Cambodia is among the countries that do not impose a wealth tax. The Law on Taxation contains no provisions for an annual tax on net wealth, total assets, or financial holdings. This means individuals resident in Cambodia are not subject to any annual charge on their worldwide or Cambodian wealth. The only annual tax that could be considered a wealth-related tax is the tax on immovable property (ToIP), which is a specific property tax rather than a general wealth tax. Cambodia also has no inheritance tax, no gift tax, and no estate duty, further enhancing its attractiveness for wealth management.
Tax on Immovable Property (ToIP)
The only annual tax related to asset ownership in Cambodia is the Tax on Immovable Property (ToIP), which applies at 0.1% on the value of real estate exceeding KHR 1 billion. Key features:
- Rate: 0.1% of taxable value
- Threshold: Only applies to the portion of property value above KHR 1 billion (approx. USD 250,000)
- Assessment basis: 80% of the GDT-assessed property value
- Filing: Annual return by 31 March
- Payment: Due by 31 March each year
This tax applies to immovable property only — land and buildings. It does not apply to financial assets, vehicles, or business assets. The effective tax burden is very low: a property valued at KHR 2 billion pays only KHR 600,000 (approx. USD 150) per year.
No Tax on Financial Assets
Cambodia does not impose any annual tax on financial assets, including:
- Bank deposits (no wealth tax on savings)
- Shares and securities (no portfolio wealth tax)
- Bonds and debentures (no annual tax on holdings)
- Investment fund units (no net asset value tax)
- Cryptocurrency holdings (no annual crypto wealth tax)
- Insurance policies (no annual tax on cash value)
Comparison with Regional Peers
Cambodia's absence of wealth tax compares favourably with many countries. Among ASEAN peers: Thailand has no wealth tax, Vietnam has no wealth tax, Indonesia has no wealth tax but has progressive property taxes, and the Philippines has no wealth tax. Globally, countries like Switzerland (cantonal wealth tax up to ~1%), Norway (1.1% wealth tax), and France (impôt sur la fortune immobilière — ISF on property over €1.3M) do impose wealth taxes. Cambodia's tax-free treatment of asset holdings is a significant draw for international investors and high-net-worth residents.
Implications for High-Net-Worth Individuals
For high-net-worth individuals considering residence in Cambodia, the absence of wealth tax means:
- No annual reporting of worldwide assets to Cambodian tax authorities
- No annual tax charge on investment portfolios, bank deposits, or business interests
- Only real estate is subject to a minimal annual tax (and only if valued over KHR 1 billion)
- Estate planning is simplified without wealth transfer taxes
However, individuals should consider their home country's tax rules — some countries tax their residents on worldwide wealth regardless of where they live. Cambodia's territorial tax system does not mitigate home country wealth tax exposure for citizens of wealth-tax jurisdictions.
FAQs
Is there an annual wealth tax in Cambodia?
No, Cambodia does not impose any wealth tax, net worth tax, or annual tax on assets. The only annual property-related tax is the Tax on Immovable Property (ToIP) at 0.1% for high-value real estate.
Do I need to report my foreign assets to Cambodian tax authorities?
No, Cambodia does not require reporting of foreign assets or financial accounts. There is no equivalent of FATCA or CRS reporting for individuals in Cambodia (though the government is gradually implementing AEOI standards).
Does Cambodia tax cryptocurrency holdings?
No, there is no annual tax on cryptocurrency holdings. However, gains from crypto transactions may be subject to income tax (TOS for individuals, CIT for businesses) or CGT.
Could Cambodia introduce a wealth tax in the future?
There are currently no indications or proposals for introducing a wealth tax in Cambodia. The government has focused on CIT, VAT, and the new CGT rather than wealth taxes. However, tax policy can always change.
Disclaimer
This guide provides general information about Cambodian wealth taxation for the 2026 tax year. Tax laws may change. Always consult with a qualified Cambodian tax advisor for advice specific to your situation. InvestmentKit does not provide tax advice.