Property for sale in Vientiane

Vientiane is a small city by any standards, with around 200,000 souls in the city area, and possibly half a million all told in the area surrounding it.

There are things you should know before you venture out to buy your home in Vientiane, Laos. Get more information on property for sale in Laos.

Views on the Vientiane real estate :

Years ago when people bought a home, they would go through a very methodical application process requiring them to complete a ton of paperwork, which would then be mailed out to the banks, employers, creditors, and so on, and then the wait for verification responses began.

As technology has progressed, the speed in which loans are approved or denied is amazing. Information needed (not only for Vientiane real estate), can now be easily obtained via the Internet. In addition, the actual documentation has been conformed making it easier on the underwriters to obtain the required data.

Foreign investors who make an investment in Laos, would enjoy multiple benefits such as political stability, low production costs as well as a one-stop shop service and tax exemptions or reductions.

The government would support businesses in establishing and operating production activities as well as protect their legitimate rights and intellectual property for sale

Foreign investors can also receive benefits from the lease or concession of land, the use of foreign labourers, and can qualify for long-term residence and entry visas for their families.

The Lao Government encouraged all forms of foreign investment from business co-operation contracts to joint ventures and 100% foreign-owned enterprises, noting that those projects registered for over US$5mil must be submitted to a central foreign investment committee.

Other foreign-invested projects capitalised at less than $5mil must seek approval from a local foreign investment committee.