Property investors are currently drawing up a law that will call on the National Assembly (NA) to consider foreigners to be able to purchase apartments, according to officials in the sector. Under the Investment Promotion Law that was put into effect in 2014, foreigners with a registered investment of US$500,000 can own a plot of residential land but officials from the Ministry of Planning and Investment...
RentsBuy in the News/Events
Property prices in the capital Vientiane saw a remarkable increase in 2012 as land purchasers grew more confident about the economic growth prospects of the country, thus willing to speculate on future increases....
By Ian MacKinnon, Financial Times When developers proudly promise their efforts will shortly transform the sleepy Lao capital of Vientiane into a Hong Kong on the...