Workers on a construction site in Borikhamxay Province, Laos, August 19, 2020. Photo: Xinhua
Workers on a construction site in Borikhamxay Province, Laos, August 19, 2020. Photo: Xinhua
Laos

Laos tipped to be the ‘next Cambodia’ as relaxed rules for foreign homebuyers can make it a property investment hotspot

  • Amended laws allowing foreigners a leasehold of up to 50 year may spur demand from countries like mainland China, Hong Kong, Japan and Korea
  • The legislation also opens the possibility for foreign companies to develop property projects, but ambiguities and risk remain