The sensitivity of ultrasound imaging is greatly enhanced by the use of microbubble contrast agents through resonant volumetric oscillations. While the increased acoustic contrast is of prime interest for perfusion imaging of organs, microbubbles until now have limited benefit in terms of specificity for ultrasound imaging. Original strategies are required to tackle this difficulty that rely on loading functional targeting ligands onto the microbubble encapsulation. In parallel, laser light offers great specificity in its interaction with tissue. This advantage is put to use in photoacoustic imaging where absorbed laser light is converted into a measurable acoustic signal. Here, we present a novel ultrasound contrast agent designed to make use of the specificity of laser light. The acoustic agent consists of a gas core encapsulated by an oil layer containing an absorbing dye. The resulting laser light absorption can then be used to heat up the gas and drive the system into resonance, thereby generating ultrasound. Combining finite difference simulations and ultra high-speed imaging led to a quantitative physical description of the optical and thermal interactions in the system resulting in the efficient generation of acoustic waves in the MHz range. A range of physical bubble parameters are investigated, i.e., thickness and composition of the light absorbing oil layer. This new generation of contrast agents will open up new applications in medical diagnostic and therapeutic imaging.