Canada-based firm Harvey Law Group has revealed plans to open an office in Phnom Penh by the end of the year, providing immigration, citizenship, residency and business services to Cambodians and foreigners investing in the country.
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Managing partner Bastien Trelcat said the move is a first for the company in Cambodia, which has been studying the prospect of setting up the office for eight months.
The firm is currently seeking Justice Ministry approval to offer legal services in Cambodia, Mr Trelcat said. The company will offer second citizenship by investment options and residence planning to Cambodians and foreigners, as well as helping Cambodian companies to facilitate business expansions overseas, he added.
“At the moment we serve our Cambodian customers through our Vietnam and Hong Kong offices. We want to open an office here to be closer to clients,” Mr Trelcat said.
He said the number of Southeast Asian people living, studying and investing in Canada, the United States and Australia is increasing, but the processing of legal documents is still hard to do and costly.
Acquiring a second passport or residency through investment has become a commodity and a real asset, he added.
Customers at the Phnom Penh Harvey Law Group office will be able to get advice on business expansion, asset relocation, tax planning, and options for sending their children abroad to be educated.
The firm will also help foreign companies to invest in Cambodia through its network of global offices, Mr Trelcat said.
The company has already assisted foreign investors in Cambodia, but had to work through a local law firm. Founded in 1992, Harvey Law Group has offices across the world including in Paris, the United States, Canada, Thailand, Vietnam, China, Hong Kong, Singapore, Myanmar, and the Philippines.
The company has assisted more than 2,000 families in getting residency permits and second passports.