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SRI LANKA: Overseas Investors Wooed with Visas and Land Lease Rights

Two to five year visas are now on offer to any overseas investor who deposits US$300,000 or more in a Sri Lankan bank. Those who deposit considerably more may also be granted permanent resident status, though the exact sum has yet to be specified.

As a further incentive to overseas businesses and individuals, any non-Sri-Lankan with US$1.5 million or more to invest may be granted land lease rights. Full details of this entitlement are yet to be released.

 

Content provided by Picture: HKTDC Research
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