Temp. resident visas to foreigners investing US$300,000 in SL

2017-01-12 13:36:04

Temporary resident visas will be issued to foreigners, who invest a minimum of US$300,000 in Sri Lanka, Finance Minister Ravi Karunanayake said today.

This move is in line with a 2016 Budget proposal to grant resident visas to foreigners who bring in a large amount of foreign exchange into the country.


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  Comments - 20

  • Raul Thursday, 12 January 2017 15:58

    This is to allow Chinese to enter the Chinese city planned in Hambamtota!!!

    Reply : 48       17

    Tony montana Thursday, 12 January 2017 16:12

    Can i live peacefully without those religious discremations.

    Reply : 12       37

    Deshapriya Thursday, 12 January 2017 16:44

    TonySri Lanka ain't Trump Country Montana bro. People of all faiths live literally side-by-side. You obviously haven't been here

    Reply : 20       34

    Ahmed Thursday, 12 January 2017 16:34

    why should someone invest $300 000 in sri lanka when countries like malaysia provide 10 year visas for expats who deposit less than half the amount of money than this ?

    Reply : 8       47

    Bernard Thursday, 12 January 2017 17:59

    This and of course a "country first" government is the reason why Malaysia became so great. They knew how to attract foreign investors. A temporary resident visa will not be attractive enough.

    Reply : 0       27

    BLAIR Thursday, 12 January 2017 16:38

    Mr minister, please be specific on areas of investments.

    Reply : 2       17

    concern Thursday, 12 January 2017 20:11

    Doubt he has the specific. Also the same was announced earlier too. Guess there are no takers !!

    Reply : 0       11

    Selvyn Thursday, 12 January 2017 18:02

    Whatever criticism is there against the minister he is still active in doing a very productive work via DM Android App

    Reply : 28       14

    ceylon Thursday, 12 January 2017 19:35

    eho bring 300000 to get tempary residency.minister not study about this before decide. via DM Android App

    Reply : 0       6

    Jonson Thursday, 12 January 2017 20:18

    Good move but I am afraid of fake eggs manufacturers would invest in SL. via DM Android App

    Reply : 2       6

    Foreigner Thursday, 12 January 2017 20:28

    Now, why would foreigners invest their hard earn money here? What benefits or gains?

    Reply : 0       24

    Casanova Thursday, 12 January 2017 22:46

    10% of US 300,000/- is lot of money in SL.

    Reply : 0       13

    Jude Fernando Friday, 13 January 2017 08:30

    Ministers commission. Ha ha ha

    Reply : 0       4

    Nelum Fernando Friday, 13 January 2017 01:01

    To the attention of all foreigners: This man has fooled an entire nation. Don't you too fall into the same ditch.

    Reply : 0       4

    Citizen Friday, 13 January 2017 05:33

    Is Arjun Mahendran eligible to apply?

    Reply : 0       3

    Don Simon Friday, 13 January 2017 07:46

    What about refugees from Siriya, Libiya, ISIS or religious fanatics, Indian RAW enter after paying that money. ? What are the safeguards?

    Reply : 0       3

    kan Friday, 13 January 2017 11:41

    Sri Lankan currency is fast depreciating, only a fool will come and invest here.

    Reply : 0       5

    falcon Friday, 13 January 2017 16:19

    why come to srilanka, when they have other better countries to go to?. corruption is driving away our own citizens from this country.

    Reply : 0       0

    Pf Friday, 13 January 2017 17:24

    This seems to be a timely decision taken by the government to improve the Rupee.The investers who like our climte may come to Sri Lanka to invest.It needs attractive propaganda work. via DM Android App

    Reply : 0       0

    Jans Friday, 13 January 2017 18:21

    Whos coming to invest in SriLanka after hearing Fake Volkswagen Factory N Mass Protests N Treasury Bill Scam against YAHAPALANAYA via DM Android App

    Reply : 1       0

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