Friday, 31 May 2024 10:06

Sri Lanka re-launches “Investor Visa” program to spur property investments Featured

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In an inspired strategic move to rejuvenate foreign investment in the real estate sector, the Department of Immigration and Emigration has reintroduced the “Investor Visa” program.

This revamped initiative, aimed specifically at non-Sri Lankans interested in purchasing condominium units, is set to go live online on 1 June.

The e Investor Visa program promises a streamlined and efficient process for non-Sri Lankans seeking to invest in the country’s property market.

The system will be fully operational next week, ensuring that visa applications can be processed entirely online, thereby simplifying the process for prospective investors.

One of the key highlights of the new process is that foreigners residing in Sri Lanka will no longer need to leave the country to apply for an Investor Visa.

 

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