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Phnom Penh, Cambodia 🇰🇭
#685 ,

Nomad Score: 65%

Essentials

🏙️ City Phnom Penh is the capital city of Cambodia, known for its rich history and cultural heritage.
👥 Population Approximately 2.15 million people.
💻 Internet Speed Average internet speed is about 25 Mbps.
💸 Currency & Banking Currency is Cambodian Riel (KHR), but US dollars (USD) are widely accepted. 1 USD ≈ 4,000 KHR.
🚰 Tap Water Not drinkable. It's advised to drink bottled water.
🔌 Power Electricity supply is 230V, 50Hz, and uses A/C type sockets.
📶 SIM Card Popular providers include Cellcard, Metfone, and Smart Axiata with affordable prepaid plans.
💳 Banking for Expats Local banks like ABA and ACLEDA accept international cards; Revolut and TransferWise are also popular among expats.
🛌 Accommodation Options range from hotels to serviced apartments and long-term rentals on Airbnb and local housing platforms.
💳 Cashless Friendly Yes, cashless payments are increasingly accepted, especially in urban areas.
🏠 Short Term Rentals Airbnb and local rental websites like Phnom Penh Real Estate offer various options.
🛏️ Budget Accommodation Affordable hostels like The Happy House and The Mad Monkey offer budget-friendly lodging.
🏙️ Best Area to Stay for Tourists The Riverside area is highly recommended for tourists due to its proximity to attractions.
🏙️ Best Area to Stay for Digital Nomads Toul Kork and BKK1 are popular among digital nomads for their amenities and coworking spaces.

Working and Networking

🏢 Best Coworking Space Workspace 1 and The Factory are top choices for digital nomads, offering reliable internet and a community vibe.
Best Cafe for Work Dayo Coffee and Brown Coffee provide great environments for remote work with good coffee.
💼 Networking Events Events are often held at local coworking spaces or via expat groups on Facebook.
🥂 Social Events for Expats Join the 'Phnom Penh Expats' group on Facebook for meetups and social gatherings.

Transportation

🚕 Best Taxi/Ride App Grab is the most popular ride-hailing service in Phnom Penh.
🚲 Bike/Scooter Rental Renting a scooter is common; services like Phnom Penh Motorbike Rental can assist.
🏖️ Best Beach Nearby Otres Beach, about 3 hours away by taxi.
✈️ Top Regional Airline Cambodia Angkor Air serves many regional destinations.
✈️ Top International Airline Vietnam Airlines and Singapore Airlines connect Phnom Penh with major global cities.
🛣️ Highway Access National Route 1 and 5 provide access to other regions.
🚉 Main Train/Transit Hub Phnom Penh Railway Station is the main hub for train services.
🚍 Public Transport Passes There are no standard public transport passes; services are primarily pay-per-ride.
✈️ Regional Travel Buses and taxis are available for intercity travel, with companies like Giant Ibis.

Health and Wellness

🏥 Best Hospital Royal Phnom Penh Hospital is the most reputable hospital with international standards.
🧘 Yoga & Wellness Centers Bamboo Island and Yoga Phnom Penh offer yoga classes and wellness activities.
🏋️ Gyms & Fitness Centers The Place and Fitness Cambodia are popular gyms for expats.
🧺 Laundry Services Laundry services are widely available, with local laundromats in most neighborhoods.

Food and Drink

📱 Best Food Delivery App Nham24 and Foodpanda are popular for food delivery in the city.
🍽️ Best Local Dish to Try Amok fish, a traditional Cambodian dish, is a must-try.
🍱 Vegan/Vegetarian Options Vegan and vegetarian restaurants like Vibe and My Khmer Kitchen are available.
🍫 Best Dessert Spots Brown Coffee serves delicious pastries and desserts.
🛒 Affordable Shopping Spots Toul Tum Poung Market (Russian Market) is great for budget-friendly food shopping.
🛒 E-commerce/Online Store Online platforms like Shop.com.kh and Jengbeng are popular for e-commerce.
🛒 Grocery Delivery Services like Meal Temple offer grocery and food deliveries.
🍸 Bar/Nightlife Area Street 51 and Bassac Lane are notable nightlife hot spots.
🍻 Local Brewery Angkor Brewery produces popular local beer.
🍷 Wine Bars Wine bar options like The Wine House offer a great selection.
🍲 Street Food Stalls Street vendors sell everything from fish amok to fried noodles throughout the city.
🍕 Popular International Cuisine Restaurants like The Deli serve various international dishes.

Culture and Attractions

🎟️ Must-See Landmarks The Royal Palace and the Silver Pagoda are iconic attractions.
🏛️ Museums & Art Venues The National Museum of Cambodia showcases exquisite art and history.
🏰 Historical Sites The Killing Fields of Choeung Ek and Tuol Sleng Genocide Museum are significant historical sites.
🕍 Religious Sites Wat Phnom is the most famous temple and a must-visit for its history.
🎉 Annual Events The Water Festival is a major cultural event celebrated annually.
🎨 Cultural Districts Explore the Russian Market Area for local culture and shopping.
🎭 Theater Venues The PP Theater hosts various cultural performances and events.
🛍️ Local Markets Central Market is a vibrant place to explore local goods.
🎼 Music Scene PP House and Meta House host live music events regularly.
🎨 Street Art Street art can be seen throughout the city, especially in the BKK1 area.
🧑‍🍳 Cooking Classes Classes at the Cambodian Cooking Class teach traditional Cambodian cuisine.
👩‍🎨 Art Galleries SA SA BASSAC represents contemporary Cambodian art.
🕰️ Historic Buildings The Old Colonial Buildings in the Riverside area reflect the city's past.
🏴 Local Heritage Khmer culture and traditions are prevalent throughout the city.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Koh Dach, also known as Silk Island, offers a serene nature escape.
🏞️ National Parks Nearby Phnom Tamao Wildlife Rescue Center is a nearby nature reserve.
🚲 Cycling/Walking Paths The riverfront promenade is ideal for walking and cycling.
🌄 Scenic Viewpoints The view from Wat Phnom hill offers a great perspective of the city.
🦉 Birdwatching Locations Keo Romal Resort offers excellent birdwatching opportunities.
🔥 Bonfire-Friendly Spots Designated camping areas near the riverside are available.

Other Services and Amenities

📦 Parcel Delivery Service Services like DHL and Cambodian Post are available for parcel delivery.
🛠️ Tech Repair Services Many shops in the city offer tech repair services for phones and laptops.
🏓 Table Tennis Spots Community centers and schools often have table tennis facilities.
🧑‍🏫 Language Classes Language schools like Cambodian Language Institute offer Khmer language classes.
📚 Libraries & Study Spots The National Library of Cambodia is an excellent study spot.
🏘️ Community Centers Places like The French Institute offer cultural engagement and language classes.
🕹️ Gaming Lounges Dota 2 gaming lounges can be found around BKK1.
🎰 Casino & Gaming Halls NagaWorld is the largest entertainment and gaming center in the city.

Business

🏢 Studio Purchase Price (City Center) Approx. $2,500 per m² (e.g., 40 m² = $100,000)
🏢 Studio Purchase Price (Outside City) Approx. $1,800 per m² (e.g., 40 m² = $72,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $2,200 per m² (e.g., 60 m² = $132,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $1,600 per m² (e.g., 60 m² = $96,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $2,000 per m² (e.g., 80 m² = $160,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $1,500 per m² (e.g., 80 m² = $120,000)
💼 Corporate Tax 20% corporate tax rate.
💵 Dividend Withholding Tax 14% is applied to dividend distributions.
🏦 Tax System Progressive tax system based on residency.
📈 Highest Income Tax Bracket 20% for income above $100,000.
🧾 VAT Standard VAT rate is 10%.
🌐 Controlled Foreign Company (CFC) Rules Yes, there are regulations for foreign companies.
🏠 Property Tax Annual property tax based on rental value.
🏠 Property Transaction Tax Approximately 4% for property transactions.
💻 Attractive Tax System for Digital Nomads No tax on foreign income for non-residents.

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