If you wish to embark on a business visit to Laos, you may want to consider obtaining a Laos business visa.
Laos is a country of many opportunities, especially in the tourism and business sector. It has a rapidly growing economy with a lot of potential for businesses. There are also opportunities for companies that cater to the needs of the growing middle class. No matter what you find your hands doing, you will discover Laos is a great place to be.
So, in this article, we will show you how to apply for the Laos business visa, the requirements, validity, and application fee. Don’t miss out on a section.
In this article
- Business opportunities in Laos
- Laos Business Visa
- Requirements for the Lao business visa
- #1. Visa application form
- #2. Passport size photograph
- #3. International passport
- #4. Travel health insurance
- #5. Invitation letter from a Lao company
- #6. Proof of financial resources
- #7. Evidence of travel arrangements
- How to Apply for a Business Visa for Laos?
- Step one: Get an invitation letter from the Lao company you wish to visit.
- Step two: Obtain the application form
- Step three: Contact a consular officer.
- Step four: Gather your documents and visit the embassy
- Step five: Await the outcome of your application.
- Frequently Asked Questions
Business opportunities in Laos
There are many opportunities for businesses in Laos. The country’s rapidly growing economy is becoming integrated into the global marketplace. Laos is also a member of the Association of Southeast Asian Nations (ASEAN), which offers opportunities for trade and investment.
Therefore, you’d find Laos a great choice if you want a visit to a country that offers various business incentives, including tax breaks and preferential treatment for foreign investors.
Laos Business Visa
A Laos business visa is undoubtedly offered to foreign citizens who want to invest or work in the country. This visa type is provided for stockholders, foreign investors, deputy directors, Enterprise directors, volunteers for a non-governmental organization, technical officers, staff members of the general consulate, diplomatic missions, international organizations, and United Nations agencies.
It is noteworthy that different employment projects are issued to foreign workers who wish to seek employment and further career in the country. Some of the available business visas you can apply for are:
- Expert Visas (E-B2): This is specific for foreign nationals that seek employment in a non-governmental organization or international organization in Laos.
- Investor Visas (NI-B2): On another note, the investor visa is specifically for foreign workers that want to invest in an enterprise in Laos.
- Labor Visas (LA-B2): The labor visa is for foreign nationals that want to work in Laos on a fixed employment contract.
It is noteworthy that the foreign affairs ministry carries out the duty of business visa approval.
Requirements for the Lao business visa
You can apply for a business visa at the Laotian Embassy or Consulate in your home country. The requirements may vary slightly depending on which country you are using, but you will generally need to submit the following documents.
#1. Visa application form
The first document that should be on your mind for the Laos business visa is the application form. You can get the form online at the official website of the Laotian Embassy in your home country. Make sure you fill in your details correctly and that your details align with the information you have in your other documents.
#2. Passport size photograph
Also, you need at least one passport size photograph for the Laos business visa. It would be best to take the passport with a good camera against an off-white background. The picture size must be between 4 cm and 4 cm, and you must neatly take the photo.
#3. International passport
Importantly, your international passport must be valid when you apply for the Laos business visa. In addition, the front page of your access must be intact, and the information on your travel document must be helpful with other details on your other documents.
#4. Travel health insurance
Not only is travel health insurance necessary for the Laos business visa, but also for other types of visas you can obtain to Laos. You need to opt for a health insurance company in your home country that can operate in Laos, or you can choose travel health insurance based in Laos. Note that the amount you use for your insurance must be sufficient to meet your medical emergency needs in the country.
#5. Invitation letter from a Lao company
Notably, if you are going for business activities in a company in Laos, you must present an invitation letter from the visiting company. Also, the letter must indicate the business deals and other packages available for you.
#6. Proof of financial resources
You must provide evidence of financial stability for your application. For example, the proof of fund could be your employment history, bank statement, etc. The inability to provide this evidence may lead to the rejection of your application.
#7. Evidence of travel arrangements
The evidence of your travel arrangements is your flight itinerary or bookings that indicate your entry and departure date from Laos. The travel itinerary ensures that you will leave the country as soon as possible through your business activities in Laos.
How to Apply for a Business Visa for Laos?
As stated earlier, different Laos business visas are available for foreign nationals who want to do business in the country. The business visa is available on both multiple and single entry basis. You may obtain a multiple entry visa for three months to one year. After that, however, you may need to renew the application of your business terms or assignment.
Here is the step to follow to apply for the Laos business visa.
Step one: Get an invitation letter from the Lao company you wish to visit.
Since you’re going on a business visit to a Lao company, you must provide an invitation letter from the company you want to visit. However, if you invest in any of its enterprises, you may present evidence of your business activities.
Step two: Obtain the application form
Without a doubt, you must obtain the Laos business visa application form online. Once you get it, fill in your details, including the purpose to wish you want to visit Laos.
Remember, the information on your application form must tally with the details you have in your other documents.
Step three: Contact a consular officer.
Undoubtedly, it would be wise of you to contact a Laos consular officer in your home country to know more about the requirements for the business visa. Once you get the information, you should prepare the documents and book an appointment to submit those documents.
Step four: Gather your documents and visit the embassy
You must prepare all the documents you need for the Laos business visa before you visit the embassy for an interview. Once you organize all your documents, you can proceed to the embassy.
You must make it on time to the Laotian Embassy or Consulate office on your appointment date. Present your documents for validation, and prepare to be asked questions about your application and the purpose of your visit.
Step five: Await the outcome of your application.
It can take between 5 to 7 working days to get the outcome of your Laos business visa. Once you gain approval, you can proceed to travel to the country.
Frequently Asked Questions
How can I get a Laos business visa?
A few requirements for obtaining a business visa for Laos include having a passport valid for at least six months and a letter of invitation from a company or organization based in Laos. The permit is valid for 30 days and can be extended for 60 days.
Can foreigners live in Laos?
Yes, foreigners can live in Laos. Many foreigners live in Laos, and they seem to enjoy it. The living cost is relatively low, and the people are friendly. Also, you will enjoy a delicious and healthy meal made with love and care.
What are the thriving businesses in Laos?
Laos is a landlocked country in Southeast Asia, and its economy is primarily based on agriculture. However, the government has several thriving businesses, including tourism, mining, and construction. As a result, Laos has a rapidly growing economy, and its companies are well-positioned to take advantage of this growth.
What are the requirements for the Laos business visa?
A business visa for Laos requires a passport valid for at least six months from the date of arrival, a visa application form, two passport-sized photos, and a letter of invitation from a company or organization in Laos. Health insurance plan, proof of accommodation, evidence of sufficient and substantial funding, flight itinerary, etc.
Can foreigners do business in Laos?
Yes, foreigners can do business in Laos. However, they must have a Lao business partner, and the company must be registered with the Ministry of Industry and Commerce.
Is it cheap to live in Laos?
Laos is a relatively cheap country to be. Expenses such as food and transportation are relatively low when compared to other countries in Southeast Asia. However, the cost of living can vary depending on the city you live in and your lifestyle. Overall, Laos is an excellent option for those looking for an affordable place to live.
Laos is a landlocked country in Southeast Asia. It is bordered by Myanmar, Thailand, Cambodia, and Vietnam, making it one of the best places suited for business. We have provided all you need for a successful Laos business visa application. Ensure to follow through the steps briefly.