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Laos Facts And Figures

Laos’ capital, Vientiane, is a wonderful retirement destination.


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A monk from Laos wearing an orange robe and walking with two buckets in his hands. Laos Facts

Facts About Laos

Kathleen Peddicord

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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Sept. 17-19, 2025
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Laos’ capital, Vientiane, is a wonderful retirement destination. The city has a relaxed feel, with plenty to see and do.

Laos’ French colonial past can be observed in the colonial architecture which makes up the city center. This European architecture lies side by side ancient Buddhist temples creating a unique fusion of European and Southeast Asian heritage.

Here is a list of Laos facts…

Information Type Laos Data
Population 7,739,916 (June 2024 est.)
Gross Domestic Product (GDP) US$15.84 billion (2024 est.)
GDP Per Capita US$2,790 (2024 est.)
Inflation Rate 26.2% (2024 est.)
Currency Kips (LAK)
Exchange Rate Versus U.S. Dollar 22,159.41 kips (LAK) per 1 US dollar (July 2024)
Language Lao (official), French, English, various ethnic languages
Capital Vientiane
Population of Capital City 738,000 (2024)
Time Zone UTC/GMT +7 hours
Seasons Wet and dry (wet season runs from around May to October)
International Dialing Code 856
Electricity 230V, 50 Hz
System of Government Communist state
Name and Party Affiliation of Current Leader President Thongloun Sisoulith (Since 2021) (Lao People’s Revolutionary Party)
Income Tax Rate for Residents Income tax is levied at progressive rates from 5% to 25%
Property Tax Income tax is levied on capital gains derived from selling real property.
Inheritance Tax No
Rental Income Tax 15%
Transfer Tax Immaterial amount – depending on type of property- based on the sales price aprox. 2.4%
Sales Tax 10%
Restrictions on Foreign Ownership of Property Laos law stipulates that foreign citizens may not own land
Local Chamber of Commerce  
American Chamber of Commerce  
Primary Exports Wood products, coffee, electricity, tin, copper, gold
Residency and Visa Requirements Tourist Visas (B3) – Upon arrival now into Lao you receive a 1 month tourist visit for $35, this however is easily extended to 3 months but a visit to the immigration department
Special Benefits for Foreign Residents or Retirees No
National Airline Lao Airlines
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Kathleen Peddicord

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
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Experience The World’s #1 Retirement Haven

Sept. 17-19, 2025
Valencia, Spain

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Be The First To Ask About - Laos

Be The First To Ask About Laos Facts And Figures

Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

Portugal is known for Fado music and also for being the largest cork producer in the world.

Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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