Lao Real Estate News/article

Revised law allows foreign nationals to own condominiums Foreigners will be able to own condominiums in Laos once the authorities enforce the newly revised Law on Land. The Lao Official Gazette, a government website that publishes state legislation, has posted the latest version of the Law on Land, which permits foreigners to own condominiums. Under Article 132 of the law, foreigners can now purchase...

Lao PDR Amends Its Land Law – What’s New? August 27, 2020   Today sees the entry into force of the new Law on Land No. 70/NA dated 21 June 2019 (the “2019 Land Law”), which among other things, includes new provisions concerning the limited ownership of land-use rights by foreigners under certain circumstances, and the limited ownership of individual units in a condominium...