Traditional Culture Encyclopedia - Travel guide - Can China people buy a house in Laos? How much is an apartment?

Can China people buy a house in Laos? How much is an apartment?

As long as it conforms to the purchase policy of Laos, you can buy a house. Foreigners can buy a house in Laos with their passports. The land in Laos is divided into state-owned land and private land, and foreigners can buy the property rights of houses on state-owned land, including apartments and shops, without quantity restrictions. Lao law stipulates that foreigners are not allowed to buy villas or townhouses with land property rights in one name; Unless purchased in the name of a Lao company or a Lao spouse. When foreigners buy real estate in Laos, they need to remit the purchase money to the account designated by the developer in the form of US dollars. If the buyers are of China nationality, they need to use overseas accounts other than China accounts to transfer money. Buying a house in Laos is like buying a house in China. For example, the average price of a house in Vientiane, Laos is 2 1000 yuan, which is equivalent to Tiananmen Square in China. Houses far from the city center are relatively cheap, just like those in China.