Cambodian government agrees in principle to waive $50,000 insurance policy and $3,000 deposit for incoming travelers

Cambodian government agrees in principle to waive $50,000 insurance policy and $3,000 deposit for incoming travelers

Prime Minister Hun Sen has approved in principle to eliminate the $3,000 deposit, and $50,000 insurance for investors, business people and experts.

However, the technical working group of the Ministry of Economy and the Ministry of Health will be discussing further to do check and balance to determine whether the loosening of the measure will impact public health or not.

MEF’s spokesman Meas Sok Sensan, told Khmer Times that government will facilitate the procedure for the business-linked travelers including investor, director, general manager, technical staff and their family members

He said that the government will soon introduce a new facilitation procedure for business-linked travelers who are coming to Cambodia, according to the spokesman of the Ministry of Economy and Finance.

He added that companies can sponsor or guarantee their owner, director, or general manager, staff, and family members. “The application to sponsor or guarantee will be done online. Then we will get approval letter with QR Code that company can send to the traveler (s) in advance of the trip,” he added.

Mr. Soksensan added that MEF totally supports these new procedures.

According to the meeting minutes at the Ministry of Economy of Finance, the current procedure to facilitate business-linked travelers is that the requirement of a $3,000 deposit, and $50,000 insurance should be eliminated.

However, the 72 hours COVID-19 free health certificate remains in place. On arrival travelers after normal immigration procedure, travelers will be quickly guided to have COVID-19 test, and the test result takes about 8 hours.

It added that for the first night accommodation, travelers can stay in a pre-booked hotel (Ministry of Health) will advise a list of assigned hotels that travelers can pre-book before traveling to a Cambodia).

It added that a $160 fee related to swab test and meal and transport to the hotel will be included in the hotel’s first night fee. If the test is negative, travelers can go to its own self-quarantine place for 14 days. If the positive, the travelers will be sent for treatment and the company will pay the total bill.

The new procedure is expected date to be operational is next week. MEF is trying its best to make this happen as soon as possible. Khmer Times