Sri Lanka offers the most friendly business climate & is ranked as the most liberalized economy in South Asia.
Invest in Sri Lanka
Direct Investment
Sri Lanka was the first in the South Asian region to promote foreign investment. Foreign investment is an important element in Sri Lanka's economic growth and is therefore actively encouraged. Approval is required from the Board of Investment (BOI) prior to the establishment of a foreign business venture in Sri Lanka. The BOI is an autonomous agency and is the primary government body responsible for foreign investment.
Portfolio Investment
In the recent past investing in the Capital & Share Market in Sri Lanka has shown a rapid growth. The Securities and Exchange Commission (SEC) regulates the securities market in Sri Lanka & grants License to Stock Exchanges, Stockbrokers & dealers etc. Foreign investors can freely purchase up to 100 percent of equity in Sri Lankan companies in permitted sectors.
Real Estate Investment
Foreign Investments in real estate in Sri Lanka, including interest in properties, do not require any approvals. However, a 100% Transfer Tax on the value of the property is payable, except in the purchase of condominium properties above 3rd floor, acquisition of land for development for more than 100 residential units, for Hospitals, infrastructure and non citizens maintaining over US$ 150,000 in Foreign Currency Government securities Accounts.
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