If you're considering an affordable retirement destination in Southeast Asia, Cambodia might just be the perfect fit. Cambodia offers a unique retirement experience with its rich history, stunning temples, welcoming locals, and low cost of living.
In this comprehensive guide, we'll cover all the essential information you need to know about retiring in Cambodia, including the retirement visa process, the best locations to retire, accommodation options, transportation, medical expenses, and the cost of living.
Retirement Visa Cambodia offers a retirement visa that allows foreign retirees aged 55 and above to live in the country. The visa can be obtained through the Cambodian Embassy or Consulate in your home country or through an agent in Cambodia. The retirement visa is typically valid for one year and can be renewed annually. It can also be renewed/extended for one, three, six, and twelve months. The ER visa extension costs approximately $285 per year at the time of writing.
The requirements may include:
- Age 55 years old or above
- A passport with at least six months of validity
- Blank page in the passport
- Passport photo
- Proof of retirement or pension income
- Health certificate
- Criminal background check.
Note: It's always a good idea to double-check the current requirements with the Cambodian Embassy or Consulate as they may be subject to change.
Best Location to Retire
Cambodia offers a variety of options for retirees to consider when choosing a location to retire. Some popular choices include Phnom Penh, the capital city, which offers modern amenities and a vibrant expat community.
Other options include Siem Reap, known for its rich history and proximity to the famous Angkor Wat temples, or towns like Kampot, Kep, and Battambang, which offer a relaxed lifestyle and beautiful rivers and beaches.
Accommodation Cambodia offers a wide range of accommodation options for retirees, ranging from budget-friendly guesthouses to luxury apartments and villas.
Phnom Penh and Siem Reap offer a variety of expat-friendly neighbourhoods with modern apartments and condos, while Sihanoukville and Kampot offer more laid-back beachfront accommodation options, including guesthouses and bungalows.
Renting is a common choice for retirees in Cambodia, with affordable monthly rents compared to many other Western countries.
Depending on the location and type of accommodation, the monthly rent for a basic one-bedroom apartment can range from $200 to $600, while a larger villa in a prime location may cost around $1,000 to $2,000 per month
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Cost of Living
Cambodia is known for its affordable cost of living, making it an attractive option for retirees on a budget. Expenses such as housing, utilities, transportation, food, and entertainment are generally lower compared to many Western countries. Monthly living costs can vary depending on your lifestyle and location, with Phnom Penh being relatively more expensive than other cities.
Below is an approximate average of the costs of living in Phnom Penh.
Average Costs Monthly ($)
|Gas||$15-$17 (depending on market price)|
Furthermore, retirees can savour budget-friendly meals at local markets or eateries, immersing themselves in the local culture and maximizing their retirement income.
Cambodia warmly welcomes retirees seeking an exciting new chapter in their lives. So why not take the leap and start planning your retirement abroad? Don't hesitate to explore the opportunities that Cambodia has to offer and make the most of your golden years in this vibrant environment.
To learn more about finding the perfect accommodation that meets your needs, click here!
Interested in retiring early in Cambodia but not yet 55? Discover Cambodia's golden visa option by clicking here.