Real estate status in Laos
Last Updated: October 18, 2010
Foreigners can only lease land, for up to 75 years.
Income tax is moderate in Laos
Rental Income: Rental income from leases of houses, lands and other assets is taxed at a flat rate of 15%.
Capital Gains: Capital gains derived from selling real property are considered as ordinary income and taxed at progressive rates, from 0% to 24% as of 2012.
Inheritance: There are no inheritance tax in Laos.
Residents: Individuals are taxed on their income from sources in Laos at progressive rates, from 0% to 24% as of 2012.