For those who didn't UNDERSTAND IT.
Here is an exerpt from the article from :
http://www.voanews.com/lao/2010-01-16-voa4.cfm"Also included in the new policy are provisions to accommodate other needs of Lao expatriates who return home, such as granting the rights to use and own land, buildings, and other types of properties to those who invest more than US$ 300,000 in Laos."
AGAIN.. - "GRANTING THE RIGHTS TO USE AND OWN LAND, BUILDINGS AND OTHER TYPES OF PROPERTIES TO THOSE WHO
INVEST MORE THAN $300,000 IN LAOS"
Does this mean you, INVEST $300,000 first in some government project AND then you can BUY/OWN LAND and Property? IF this is true, then you're putting $300k INVESTMENT AND buy your house and land. Then that would mean total CASH YOU NEED TO BRING TO LAOS WILL BE MORE THAN $300K.
Or does INVEST mean..YOU JUST BUY A $300,000 HOUSE and OWN IT and the LAND..and that is considered the INVESTMENT?
Think about it? YOU INVEST $300,000..just to make it legally yours!Again I REPEAT, it is NOT A LAW YET! Laos government is still working on the bill, hopefully the PM will approve and sign into LAW. But as with many Laotian laws, THEY ARE VAGUE and LEFT OPEN TO INTERPRETATION.
BUK HOO KEE....YOU SAID IT BEST BRO! PLEASE SAY IT AGAIN!!!