LaosCapital: Vientiane
Language(s): Lao
Population: 5,859,000
Total Area: 236,800 km²
GDP (in million USD): 6,341

 

Laos, officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south, and Thailand to the west.

Due to ethnic diversity, house sizes and designs vary in Laos. Based on government census data, houses are made of concrete, brick and wood, or concrete and wood. One-tenth of the population lives in semi-permanent shelters where floors, walls and roofs are made of bamboo or grass. Wood and bamboo houses built on stilts are a frequent sight in rural and mountainous areas where many ethnic minority groups reside.

To meet the housing needs in Laos, Habitat for Humanity International established its presence in 2006 by partnering with likeminded local organizations. Habitat's first partner was the local nonprofit association, Community Development and Environment Association (CDEA) that supported women-led savings groups in villages in the northwestern province which includes the capital, Vientiane.

Foreigners can only lease land, for up to 75 years.Rental income from leases of houses, lands and other assets is taxed at a flat rate of 15%. Capital gains derived from selling real property are considered as ordinary income and taxed at progressive rates, from 0% to 28% as of 2012. There is no inheritance tax in Laos. Individuals are taxed on their income from sources in Laos at progressive rates, from 0% to 28% as of 2012.

 

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