Browsing by Author "Hans Chen"

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    The Rise of Family Trusts in Cambodia: Building Legacy in an Emerging Market
    (December 1, 2025) Hans Chen
    In the last twenty years, Cambodia’s steady economic growth has been fueled by political stability, a welcoming environment for foreign investors, and increased cooperation with regional and global markets. As a result, private wealth has grown, especially among families who own businesses. Many of these families are first generation entrepreneurs who began their ventures after Cambodia’s post-conflict recovery. When families are building wealth, ownership is usually simple and centralized. Business owners typically keep assets in their own names and make all major decisions. This setup works well during rapid growth, but it can become less effective as businesses and families get bigger. As complexity increases, informal structures often struggle to support long-term continuity. As Cambodia’s economy develops, more families are facing real questions about succession, protecting assets, and ensuring long-term stability. These are immediate challenges that can impact both family relationships and business success. That’s why family trusts are becoming a practical and increasingly relevant legal option for Cambodian business owners.
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    Trust: a better tool for property investment in Cambodia
    (June 1, 2025) Hans Chen
    In recent years, Cambodia has attracted massive investment from various countries due to several favorable factors, such as a stable political situation, no foreign exchange controls, and a younger, cheaper labor force. These factors have led to high economic growth in various sectors, including agriculture, manufacturing, tourism, and real estate. Of all the industries, real estate is one of the most popular investments in the country. In just a few years, Phnom Penh, the capital city of Cambodia, has become surrounded by office buildings and high-rise condominiums. The prices of suburban land surrounding the city have soared each year, attracting many overseas investors who scramble for a piece of the action.