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There are a few people I know here that spent time in Cambodia that talk about how it was just a question of bribe money in Cambodia in the past and whether or not your were eligible for the visa didn't really matter. They blame the Chinese for why this has changed but who knows if that is true.
I won't say there's not some truth in that, sort of a way to squeeze out microbusiness, and therefore the projects that most non-Chinese foreigners are doing here. It's a lot like back in the USA how they have made every single hustle have a complicated licensing/bureaucratic structure to go through, even things like cutting hair/doing nails. Too many barriers make it impossible for a poor entrepreneur to get their foot in the door, but at least here in Cambodia the barrier is not softened by a stack of paperwork and complicated laws, it's just an in-your-face outrageous upfront cost for everything, and it makes even running a legal busy 30-chair restaurant potentially unprofitable after all annual licenses and taxes are paid. Such a hot mess.