Common Questions Landlords Often Ask

Even the most experienced people with  houses  for rent can
have questions. Individuals  looking to  rent  and  those with
land for sale in Laos can  also  have many, varied  questions.
What follows is a set of questions that are amongst the most
common:

1. If WeGoFa  manages  my  property  and  collects  rent  for
me, what charges do you make?
In most circumstances, when we manage a property  for you
we charge a management fee of 12% of  the  rental  income.

2. If WeGoFa sells land or a  house  for me, how much is the
fee I will get charged?
Individuals with  land  for  sale  in  Laos can expect to pay a
sales fee of 3% of the total sales price. This fee is exclusive
of government taxes and the fees for a rights transfer.

3. When land or a house is sold are there any taxes to pay?
Land taxes are due when land  or  property  changes  hands.
The amount of tax depends on the geographical area and the
designation of the land. Generally, each transaction will
attract a sales tax of approximately 6%. Call us on +856 20 2389 9999 or email on sale@wegofa.com for further details.

4. How much is the rental tax?
Rental tax is normally 15% of the total rental value.
Additionally, land valuation is charged according to the area
and the designation  of the land.  Under  certain  conditions,
the 15% tax obligation can be waived.

5. Does WeGoFa make an initial charge when instructed
to sell land or property?
WeGoFa does not make any charges for its services selling
property or land until the property is finally sold. The same
applies to property that we rent for clients as well.