With foreign home ownership rules being eased, Laos, one of the least developed countries in Southeast Asia, has the potential to become an investment hotspot and be the “new Cambodia”, according to analysts.In August, the government formally rolled out revisions to a new law allowing foreign ownership of flats for the first time in the country, giving foreigners a leasehold of up to 50 years. The legislation also opens the possibility for foreign companies to develop property projects, but as…
Source : South China Morning Post
Read more…Laos tipped to be the ‘next Cambodia’ as relaxed rules for foreign homebuyers can make it a property investment hotspot
