PHNOM PENH: On January 29, 2024, Innovation and Development Investors Association “IDI” led by Dr. Hor Sereyvath, Chairman of the Board of Directors of “IDI” and ID Capital Plc. “IDC” has signed a Memorandum of Understanding (MoU) with Cambodia My 2nd Home (CM2H).

Through this Memorandum of Understanding, the two institutions aim to collaborate closely to achieve the common goals:

(a) Both entities shall exchange business referrals where IDI will refer to CM2H potential foreign investors looking to apply for its membership program and CM2H will refer to IDI potential investors looking for potential investment projects.

(b) CM2H shall appoint IDI and IDC as advisors to address investment and business inquiries from its members and potential investors.

(c) IDI and CM2H will collectively engage in various business events to promote each other's services as well as investment and business climate in Cambodia.

The Cambodia My 2nd Home (CM2H) is the only government official program approved and recognized by the Ministry of Interior and General Department of Immigration of the Kingdom of Cambodia to allow foreigners to stay in Cambodia with a Golden Visa of 10 years.

CM2H holders​ can apply for a Cambodia passport after 5 years. This is the only official pathway to apply for a Cambodian passport in Cambodia. The CM2H program is open to all countries recognized by Cambodia with certain investment and financial requirements.