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Thursday, 26 November 2015 - 12:40
Sri Lanka: permanent residence for investors bringing US$5mn
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The Finance Ministry says, that Sri Lanka is planning to give permanent residence for investors who bring over 5 million US dollars to the country and three year residence visa for those brining over 250,000 dollars.

A budget for 2016 said a three year resident visa would cost 250,000 dollars and a permanent residence 5 million US dollars.

Finance Minister Ravi Karunanayake had told business forum in Colombo that the dollar amounts were not fees, but investment volumes.

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