Where to keep laughing Buddha at home?

First off, the laughing Buddha is not The Buddha, Siddhartha Gautama. He is a Chinese monk called HoTei. He is a representation of a Buddha of abundance. The historical Hotei died many centuries ago but many Chan Buddhists revere him.

So as far as where to place him, put him someplace where you would want a holy person to be, therefore not in a bathroom, or bedroom. In an entrance way (foyer) or living room would be best, or looking over a nice garden.