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FAQ
How can a foreigner buy property in Sri Lanka?
You can purchase a villa or land under the company’s name (best option for investment and rental). Direct purchase allowed if the value is at least $150,000. Also you can lease land or a villa without needing to register a company for 99 years.
How can a foreigner transfer money for property purchase in Sri Lanka?
Large transfers must comply with Sri Lanka’s Central Bank regulations. The legal ways are Bank transfer (SWIFT) to your personal or corporate account, transfer to a verified developer’s account or investment transfer via Pvt Ltd.
Can I do investor visa?
Investing $250,000+ allows you to get an investment visa and legally operate a business.
What is the best option for personal use and rental income?
Since foreigners cannot directly own land, but can own you can either register your own company or cooperate with a local company (Pvt Ltd), where 100% foreign ownership is allowed. If you don’t want to manage a business, you can lease a villa/land and rent it out through a management company for 99 years.