Tourism in Sri Lanka is growing remarkably fast and so is the number of people calling this country their new home. In 2009, the civil war that lasted for over 25 years finally came to an end and this was the beginning of an exciting new era for the country and an opportunity for the rest of the world to explore its beauty.
It is not just tourism that is growing quickly in Sri Lanka, the country’s economy has moved quickly from being fragile to being stable. The government is taking action to create a healthy business climate and stimulate growth. Food, transport and housing are a lot cheaper in Sri Lanka than in most other places in the world, expect to pay around $200 for a one bedroom apartment in the city and about half that much for an apartment outside the city.
Apart from the capital city Colombo, where many expats live, there are plenty of beautiful places to settle. From forests and beaches to tea plantations and small towns, Sri Lanka has a place to call home for everyone. Many locals speak English, making communication easier and getting around is not a problem either with well-developed infrastructure. Many ‘Western’ facilities are available, especially in Colombo, and a lot of expats emphasise how easy it is to get used to the way of life in the country.
If your spouse is a citizen or permanent resident ,you are eligible for residency. Please note that your status of spouse needs to be legally recognised in this country.
Immigrants need a residence visa in order to work and live in Sri Lanka. One of the requirements for getting the visa is having a company to represent you. The Head Office of the Department of Immigration and Emigration in Colombo handles the applications and they have to be submitted here. Documents required for the application are a bank statement, a recommendation of the Central Bank of Sri Lanka and a copy of your passport.
The visa is valid for one year and can be renewed annually.
If you invest more than US $250,000 in new ventures, existing or new companies or shares listed in the Colombo Stock Exchange, you and your dependents can apply for a multiple entry Investor Visa.
Citizenship by Descent
If one or both of your parents were citizens when you were born, you are probably also a citizen.
The passport for Sri Lanka allows you to travel to 40 countries without a visa.
Its global rank is 188.