We have developed a Laplace-domain full-waveform inversion technique based on a time-domain finite-difference modeling algorithm for efficient 3D inversions. Theoretically, the Laplace-domain Green’s function multiplied by a constant can be obtained regardless of the frequency content in the time-domain source wavelet. Therefore, we can use low-frequency sources and large grids for efficient modeling in the time domain. We Laplace-transform time-domain seismograms to the Laplace domain and calculate the residuals in the Laplace domain. Then, we back-propagate the Laplace-domain residuals in the time domain using a predefined time-domain source wavelet with the amplitude of the residuals. The back-propagated wavefields are transformed to the Laplace domain again to update the velocity model. The inversion results are long-wavelength velocity models on large grids similar to those obtained by the original approach based on Laplace-domain modeling. Inversion examples with 2D Gulf of Mexico field data revealed that the method yielded long-wavelength velocity models comparable with the results of the original Laplace-domain inversion methods. A 3D SEG/EAGE salt model example revealed that the 3D Laplace-domain inversion based on time-domain modeling method can be more efficient than the inversion based on Laplace-domain modeling using an iterative linear system solver.