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Restrictions on land alienation to foreigners

2014-09-30 19:04:49
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President Mahinda Rajapaksa today instructed the Cabinet to enact the proposed bill restricting land alienation to foreigners as soon as possible, informed sources said.

The Government will present this Bill titled, ‘Land (Restrictions on Alienation)’ to Parliament and if enacted it will restrict the alienation of lands in Sri Lanka to foreigners, foreign companies and institutions with foreign shareholding.

The Bill was placed on the Order Paper to be debated and passed into law in Parliament last week but it was withdrawn from the Order Paper later because of the lack of clarity on the content of the Bill.

The matter was discussed at the Cabinet meeting today. (Kelum Bandara)


  Comments - 14

  • Sri Wickrema Wednesday, 1 October 2014 03:24

    China excluded ?

    Reply : 1       1

    jo-club Wednesday, 1 October 2014 04:16

    Dear president How about Sri Lankan born foreigners

    Reply : 1       1

    Niranjan Wednesday, 1 October 2014 06:51

    No SL Citizenship = No Land!

    Reply : 1       1

    Wellwisher Wednesday, 1 October 2014 05:15

    Now it's easy for Sri Lankan politicians. They can own majority of the country's infrastructure.

    Reply : 1       1

    suranga Wednesday, 1 October 2014 07:28

    closing the stable door after the horse has bolted only after piling on previous favors..

    Reply : 1       0

    mount Wednesday, 1 October 2014 08:55

    NOW MORE EAZY

    Reply : 0       0

    Mottayah Wednesday, 1 October 2014 09:02

    More and more tricks in the hora politics

    Reply : 1       0

    Calistus Jayatilleke Wednesday, 1 October 2014 09:13

    But there can and will be exceptions at the discretion of the king when it involves erstwhile China.

    Reply : 0       0

    Asrar Ahmed Wednesday, 1 October 2014 09:13

    What if a foreigner married to Lankan inherits if spouse dies Can it at least go to their children


    NO it should go to the MP or the Minister of that area

    Reply : 0       1

    kalanasiri Wednesday, 1 October 2014 09:14

    What about those super luxury flats?

    Reply : 0       0

    Rajarathnam Wednesday, 1 October 2014 09:39

    Please note that except China and my family.

    Reply : 0       0

    Flamingo Wednesday, 1 October 2014 09:42

    What if a foreigner married to Lankan inherits if spouse dies Can it at least go to their children via DM Android App

    Reply : 0       0

    WebSavy Wednesday, 1 October 2014 11:16

    Can green card holders allowed to loot stand own land and state own money?

    Reply : 0       0

    Macario Wednesday, 1 October 2014 11:18

    And at the same time that this bill is expedited, dual citizenship continues in Limbo. All is good when it comes to shamelessly ripping off expats.

    Reply : 0       0

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