Want to be a Western citizen? Get out your wallet
The perks of being a millionaire in Cambodia keep coming. An international law firm helping elites win citizenship to wealthier Western countries is set to open an office in the Kingdom within a year. Canada’s Harvey Law Group is promising prospective clients easy access to residencies or citizenship in countries such as Australia, Canada or the US for upwards of $232,000. “We help Southeast Asian people to set up abroad, to relocate their business, to find new options on a worldwide scale, to send their kids towards other countries for education purposes, and we do this through investment,” said senior associate Guillaume Matz. The law firm will also be offering its clients – who will require a net worth of $3m to $5m and up – assistance in proving that their hard-earned assets were acquired legally. The law group has apparently identified just a few thousand Cambodians who fit the bill, but appears to have plenty of confidence they will be interested. Critics of investment-for-citizenship programmes say they facilitate money laundering and tax evasion.
Foreign passports are becoming easier to come by for rich Cambodians