What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?
After entering with an NI-B2 business visa, an investor may apply for a stay permit card, with multiple-entry validity of up to one year for ordinary cases, year-by-year renewal, and a 3–5-year possibility for investors with a qualifying government concession agreement. The official source does not state a longer-term residence or citizenship direction or what happens to the investment.
See recorded sources
Limits of the record- Independent review is pending.
- The captured page does not establish a complete current effective-date record or every route condition.
- stay-permit application after entry
After entering with NI-B2 business visa, the investors can apply the stay
permit card via IOSSO, Investment Promotion Department, MPI to liaise with
concerned sectors
- conditions of long-term multiple-entry visas, item 1
Investors holding with concession agreement with Government of Lao PDR from 10 years and above and family members can stay and receive multiple entry visa with 3-5 years validity
- conditions of long-term multiple-entry visas, item 3
Foreign investors in general activities that have not had a contract with the Government of Lao PDR, but received enterprise registration certificate from Industry and Commerce sectors will also not be entitled to this privilege. They will need to follow the usual practice, i.e. no longer than 1 year and can be renewed year-by-year