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

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12 January 2017 01:36 pm - 20     - {{hitsCtrl.values.hits}}

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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

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka
  • Foreigner Thursday, 12 January 2017 08:28 PM

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

    Jans Friday, 13 January 2017 06:21 PM

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

    Pf Friday, 13 January 2017 05:24 PM

    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

    falcon Friday, 13 January 2017 04:19 PM

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

    kan Friday, 13 January 2017 11:41 AM

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

    Jude Fernando Friday, 13 January 2017 08:30 AM

    Ministers commission. Ha ha ha

    Don Simon Friday, 13 January 2017 07:46 AM

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

    Citizen Friday, 13 January 2017 05:33 AM

    Is Arjun Mahendran eligible to apply?

    Nelum Fernando Friday, 13 January 2017 01:01 AM

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

    Casanova Thursday, 12 January 2017 10:46 PM

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

    Raul Thursday, 12 January 2017 03:58 PM

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

    Jonson Thursday, 12 January 2017 08:18 PM

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

    concern Thursday, 12 January 2017 08:11 PM

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

    ceylon Thursday, 12 January 2017 07:35 PM

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

    Selvyn Thursday, 12 January 2017 06:02 PM

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

    Bernard Thursday, 12 January 2017 05:59 PM

    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.

    Deshapriya Thursday, 12 January 2017 04:44 PM

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

    BLAIR Thursday, 12 January 2017 04:38 PM

    Mr minister, please be specific on areas of investments.

    Ahmed Thursday, 12 January 2017 04:34 PM

    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 ?

    Tony montana Thursday, 12 January 2017 04:12 PM

    Can i live peacefully without those religious discremations.


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Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

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