Job Recruitment Website - Immigration policy - Can the houses of residents in Luang Prabang, Laos be sold to foreigners?
Can the houses of residents in Luang Prabang, Laos be sold to foreigners?
Foreigners can use passports to buy property rights of houses in Laos, including apartments and shops. There is no limit to the number, but foreigners can't buy villas or townhouses with land ownership in one name unless they buy them in the name of a Lao company or a Lao spouse.
Land in Laos is divided into state-owned land and private land. The property right of houses on state-owned land has a time limit, mostly 70 years, which can be extended according to government resolutions.
There is no time limit for the right to use private land, and there is no time limit for the property rights of houses on the land. However, the condition for foreigners to buy private land is that foreign enterprises must invest in the establishment of Laos landing companies, and foreign investors must go through immigration procedures and become Lao citizens.
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