Laos To Allow Expatriates To Stay Longer Instead 30 Days
VIENTIANE, Feb 24 (Bernama) -- Overseas Laotians are likely to enjoy a longer stay in Laos after a draft decree issued by the Lao Ministry of Foreign Affairs' Foreign Relations Department, Lao News Agency (KPL) reported.
According to the draft decree, overseas Laotians will be allowed to stay up to nine months in Laos instead of just 30 days.
The draft decree will be submitted to the government for approval. The move is aimed at encouraging overseas Laotians to contribute to the national construction and development.
The document also suggests granting overseas Laotians land ownership rights and streamlining procedures for them if they marry a Lao citizen.
Under the draft decree, Lao expatriates will enjoy corporate tax cuts when investing in their home country. It is estimated that at present, there are 60,000 Laotian expatriates living overseas.
The National Assembly's Standing Committee had earlier approved an amended law which required Lao people overseas to invest at least US$500,000 instead of US$300,000 in Laos to be able to purchase land and property.
The changes are part of amendments made to the Law on Investment Encouragement that was endorsed in July 2009.
The Lao Ministry of Planning and Investment said a complete revised law on investment encouragement will also be presented to the State President.
The law, after being approved, will have a strong impact on the local property market and promote Lao economy. The country is expected to be out of the list of underdeveloped nations by 2020.
Laos To Allow Expatriates To Stay Longer Instead 30 Days
VIENTIANE, Feb 24 (Bernama) -- Overseas Laotians are likely to enjoy a longer stay in Laos after a draft decree issued by the Lao Ministry of Foreign Affairs' Foreign Relations Department, Lao News Agency (KPL) reported.
According to the draft decree, overseas Laotians will be allowed to stay up to nine months in Laos instead of just 30 days.
The draft decree will be submitted to the government for approval. The move is aimed at encouraging overseas Laotians to contribute to the national construction and development.
The document also suggests granting overseas Laotians land ownership rights and streamlining procedures for them if they marry a Lao citizen.
Under the draft decree, Lao expatriates will enjoy corporate tax cuts when investing in their home country. It is estimated that at present, there are 60,000 Laotian expatriates living overseas.
The National Assembly's Standing Committee had earlier approved an amended law which required Lao people overseas to invest at least US$500,000 instead of US$300,000 in Laos to be able to purchase land and property.
The changes are part of amendments made to the Law on Investment Encouragement that was endorsed in July 2009.
The Lao Ministry of Planning and Investment said a complete revised law on investment encouragement will also be presented to the State President.
The law, after being approved, will have a strong impact on the local property market and promote Lao economy. The country is expected to be out of the list of underdeveloped nations by 2020.
-- BERNAMA
Oh , I went to China and could stay up for 12 months with a single visa. I went to European Union without visa and I could stay up to 90 days and with a single visa up to 12 month or 3 to 5 years. So that is not too bad to stay up to 9 months in Laos. To buy some land in Laos and how much would I have to pay the property tax per year . How would I know that the government will not take my land and give to the Chinese and the Vietnamese to develop like the government too the wetland and the farm of the poor people.
Laos To Allow Expatriates To Stay Longer Instead 30 Days
VIENTIANE, Feb 24 (Bernama) -- Overseas Laotians are likely to enjoy a longer stay in Laos after a draft decree issued by the Lao Ministry of Foreign Affairs' Foreign Relations Department, Lao News Agency (KPL) reported.
According to the draft decree, overseas Laotians will be allowed to stay up to nine months in Laos instead of just 30 days.
The draft decree will be submitted to the government for approval. The move is aimed at encouraging overseas Laotians to contribute to the national construction and development.
The document also suggests granting overseas Laotians land ownership rights and streamlining procedures for them if they marry a Lao citizen.
Under the draft decree, Lao expatriates will enjoy corporate tax cuts when investing in their home country. It is estimated that at present, there are 60,000 Laotian expatriates living overseas.
The National Assembly's Standing Committee had earlier approved an amended law which required Lao people overseas to invest at least US$500,000 instead of US$300,000 in Laos to be able to purchase land and property.
The changes are part of amendments made to the Law on Investment Encouragement that was endorsed in July 2009.
The Lao Ministry of Planning and Investment said a complete revised law on investment encouragement will also be presented to the State President.
The law, after being approved, will have a strong impact on the local property market and promote Lao economy. The country is expected to be out of the list of underdeveloped nations by 2020.
-- BERNAMA
Oh , I went to China and could stay up for 12 months with a single visa. I went to European Union without visa and I could stay up to 90 days and with a single visa up to 12 month or 3 to 5 years. So that is not too bad to stay up to 9 months in Laos. To buy some land in Laos and how much would I have to pay the property tax per year . How would I know that the government will not take my land and give to the Chinese and the Vietnamese to develop like the government too the wetland and the farm of the poor people.
That's the risk you'll have to take like in gambling sometime you'll and sometime you'll lose, there's no guarantee!
retired person will stay there more than 90 days, as for people who has a job in the Oversea, i think they won't stay even a month. Lao-oversea will be happier if the GOV of Laos allowed them to entry Laos without a visa.
retired person will stay there more than 90 days, as for people who has a job in the Oversea, i think they won't stay even a month. Lao-oversea will be happier if the GOV of Laos allowed them to entry Laos without a visa.
No could not do that because that is a lot of money to collect from visa fee. Lao Nork don't mind to pay for but just be fair and treat Lao nork same as the Chinese and Vietnamese. Because most of Lao Nork still have families and relatives in Laos.
retired person will stay there more than 90 days, as for people who has a job in the Oversea, i think they won't stay even a month. Lao-oversea will be happier if the GOV of Laos allowed them to entry Laos without a visa.
I don't mind paying if it helps contributing Lao's economy. $30 is peanut - just the cost of a meal.
I am not sure what you guys are so happy about. The message simply means Lao expatriates are not welcome unless you have money or give LAO PDR government $500K or $300K in order to get your right to be LAO, that’s disgraceful and disappoint of thought of LAO PDR government toward Lao expatriates.
$500K or $300K that’s lot moneys and you can do a lot with that. How many percent of Lao peoples would have that type of money? Don’t get me wrong, they're quite a lot of peoples might have and many would have to liquidate everything that they have just to come up with this type of money. If they invested $500K or $300K, what do they have left to buy land? And what can they do with land if they don’t have money?
It would be better off if they (LAO PDR) come up with different approach by give LAO expatriates’ special case such as permission to open or to operate businesses in LAOS and set minimum staffs and wages. In this case, they will not only creating jobs but generate income streams for LAO peoples. In addition, they will lure more peoples to come-in and invest.
You would rather have LAO own LAO land rather than other foreigners. In recent shameful examples –they traded 600 acres of our motherland for a stadium (in Vientiane) and trade 400 acres for rail roads (in South). What’s next they’re going to trade our motherland for? Wake up!
Lao Nork, Lao Nai or LAO expatriates are still kohn LAO and have LAO in our blood. No matter where we’re by choices or not, we still love our motherland – LAO.
I am not sure what you guys are so happy about. The message simply means Lao expatriates are not welcome unless you have money or give LAO PDR government $500K or $300K in order to get your right to be LAO, that’s disgraceful and disappoint of thought of LAO PDR government toward Lao expatriates.
$500K or $300K that’s lot moneys and you can do a lot with that. How many percent of Lao peoples would have that type of money? Don’t get me wrong, they're quite a lot of peoples might have and many would have to liquidate everything that they have just to come up with this type of money. If they invested $500K or $300K, what do they have left to buy land? And what can they do with land if they don’t have money?
It would be better off if they (LAO PDR) come up with different approach by give LAO expatriates’ special case such as permission to open or to operate businesses in LAOS and set minimum staffs and wages. In this case, they will not only creating jobs but generate income streams for LAO peoples. In addition, they will lure more peoples to come-in and invest.
You would rather have LAO own LAO land rather than other foreigners. In recent shameful examples –they traded 600 acres of our motherland for a stadium (in Vientiane) and trade 400 acres for rail roads (in South). What’s next they’re going to trade our motherland for? Wake up!
Lao Nork, Lao Nai or LAO expatriates are still kohn LAO and have LAO in our blood. No matter where we’re by choices or not, we still love our motherland – LAO.
Love LAO, united LAO and Proud to be LAO.
You are so right! I'm here with you.For LAO PDR, Do You know how many LAONORK who have that kind of monney $500,000.00 OR $300,000.00? NOT TOO MANY,MAYBE 30'S out of 600,000's.In generally They live paycheck to paycheck.for LAO PDR PLEASE CONSIDER NEW POLICY THAT MAKE LAONORK BE ABLE TO GO BACK HOME.MOST LAONORK DID'NT EVENT HAVE $10,000.00 IN THIER CHECKING ACCOUNT.
I am not sure what you guys are so happy about. The message simply means Lao expatriates are not welcome unless you have money or give LAO PDR government $500K or $300K in order to get your right to be LAO, that’s disgraceful and disappoint of thought of LAO PDR government toward Lao expatriates.
$500K or $300K that’s lot moneys and you can do a lot with that. How many percent of Lao peoples would have that type of money? Don’t get me wrong, they're quite a lot of peoples might have and many would have to liquidate everything that they have just to come up with this type of money. If they invested $500K or $300K, what do they have left to buy land? And what can they do with land if they don’t have money?
It would be better off if they (LAO PDR) come up with different approach by give LAO expatriates’ special case such as permission to open or to operate businesses in LAOS and set minimum staffs and wages. In this case, they will not only creating jobs but generate income streams for LAO peoples. In addition, they will lure more peoples to come-in and invest.
You would rather have LAO own LAO land rather than other foreigners. In recent shameful examples –they traded 600 acres of our motherland for a stadium (in Vientiane) and trade 400 acres for rail roads (in South). What’s next they’re going to trade our motherland for? Wake up!
Lao Nork, Lao Nai or LAO expatriates are still kohn LAO and have LAO in our blood. No matter where we’re by choices or not, we still love our motherland – LAO.
Love LAO, united LAO and Proud to be LAO.
It's very simple to get around this. Just buy a Chinese or Viet identity and then pretend to be one. Who's gonna know?
I don' see why Laonock would want to stay in Laos for more than 2 months except those who had retired. Those who have more than 500k would prefer to stay in their host country, why would they come to adopting a new thinking, integrating in a lost culture or risking a bankruptcy by setting up a company in laos ?
I don' see why Laonock would want to stay in Laos for more than 2 months except those who had retired. Those who have more than 500k would prefer to stay in their host country, why would they come to adopting a new thinking, integrating in a lost culture or risking a bankruptcy by setting up a company in laos ?
Laonok, Laonock, Laonork, whatelse can we write in english?
I am not sure what you guys are so happy about. The message simply means Lao expatriates are not welcome unless you have money or give LAO PDR government $500K or $300K in order to get your right to be LAO, that’s disgraceful and disappoint of thought of LAO PDR government toward Lao expatriates.
$500K or $300K that’s lot moneys and you can do a lot with that. How many percent of Lao peoples would have that type of money? Don’t get me wrong, they're quite a lot of peoples might have and many would have to liquidate everything that they have just to come up with this type of money. If they invested $500K or $300K, what do they have left to buy land? And what can they do with land if they don’t have money?
It would be better off if they (LAO PDR) come up with different approach by give LAO expatriates’ special case such as permission to open or to operate businesses in LAOS and set minimum staffs and wages. In this case, they will not only creating jobs but generate income streams for LAO peoples. In addition, they will lure more peoples to come-in and invest.
You would rather have LAO own LAO land rather than other foreigners. In recent shameful examples –they traded 600 acres of our motherland for a stadium (in Vientiane) and trade 400 acres for rail roads (in South). What’s next they’re going to trade our motherland for? Wake up!
Lao Nork, Lao Nai or LAO expatriates are still kohn LAO and have LAO in our blood. No matter where we’re by choices or not, we still love our motherland – LAO.
Love LAO, united LAO and Proud to be LAO.
It's very simple to get around this. Just buy a Chinese or Viet identity and then pretend to be one. Who's gonna know?
I don' see why Laonock would want to stay in Laos for more than 2 months except those who had retired. Those who have more than 500k would prefer to stay in their host country, why would they come to adopting a new thinking, integrating in a lost culture or risking a bankruptcy by setting up a company in laos ?
Laonok, Laonock, Laonork, whatelse can we write in english?
Lao Nauck = ລາວນອ້ກ why is ໂຕ ກ in Lao alphabet translate as an R and not only K or CK in English alphabet?
I can stay as long as i can without spend or Invest 300k or 500k. you just have to know how to get aroud System. Here how i did it , for Lao-American. their PASSPORT is already allow them stay out side the country atleast 6 month automaticlly. Let' say, you got visa from laos Ambassy that allow you to stay in laos for only 30 days. after 30 days what would you do ? if you want to stay for another month or so you have to pay the fee, i believe it's dollar aday. don't quote me on that, it might be higher than this. So anyway, who could afford to stay more than a month?? accept the retiree or layoff workers..5555.
This is just a draft or maybe just a JOKE. From a business stand point of view why would a normal/sane person throw US$300/US$500K into a piece of lao land that would generate nothing. I'd rather put that kind money into other type of investment in other part of the world. Maybe those so called legislators got all mixed up - US$300,00.00 with 300,000.00 kip.
thank but I don't think I can stay that long has a good job in the Us. plus I don't know what to do if I stay that Long. the most I stay in Laos is 15days.
