Sri Lanka Investor Visa Programs and Application Processes
Sri Lanka Investor Visa Programs and Application Processes
Sri Lanka investor visa is a long-term visa type issued within the scope of capital and real estate investments that meet certain criteria. Sri Lanka has different investment programs for investors.
What are the Types of Sri Lankan Investor Visa?
Types of Sri Lankan investor visas are given below.
- Sri Lanka “Golden Paradise” visa program for investors
- Sri Lanka visa via direct investment
- Sri Lanka visa with real estate investment
- Sri Lanka visa with treasury investment
- Sri Lanka visa with stock market investment
- Sri Lanka “My Dream Home” visa program for investors
Sri Lanka "Golden Paradise" Visa Program for Investors
While you contribute to the Sri Lankan economy within the scope of the “Golden Paradise” program, your family members can also benefit from the advantages of the visa with you.
The fee for the Sri Lanka Golden Visa is 2000 USD and you can pay this fee within 10 years. Under the Sri Lanka Golden Paradise program, you must have a minimum deposit of 200,000 USD in any commercial bank recognized by the Central Bank of Sri Lanka. After completing the 1st year from the date of issuance of the Golden Paradise visa, you can withdraw up to 50% of the minimum investment.
Under the Golden Paradise visa program, you can make a government-approved investment, buy a condominium in Sri Lanka, acquire land and buildings on lease basis, or purchase development bonds.
You can find detailed information about the Sri Lanka “Golden Paradise” visa program for investors on the Sri Lanka Immigration Department website or here .
Sri Lanka Visa Through Direct Investment
The application fee for a Sri Lanka visa through direct investment is 200 USD per year and the minimum investment amount is 300,000 USD for a 5-year investment and 500,000 USD for a 10-year investment.
The competent authority for direct investment is the Board of Investment of Sri Lanka (BOI) and your family members and staff such as helpers, cooks and nannies can also come with you to Sri Lanka.
Sri Lanka Visa Through Real Estate Investment
Sri Lanka visa for real estate investment is given in return for the investment you make in cities or rural areas in Sri Lanka. Real estate investments in Sri Lanka can be made individually or through a company.
Sri Lanka Visa Through Individual Real Estate Investment
Individual real estate investment routes for Sri Lanka visa are given below.
| Investment type | Minimum investment | Duration | Permitted persons |
|---|---|---|---|
| Condominiums (urban areas) | 200,000 USD | 10 years | The applicant, his/her spouse and dependents of the applicant |
| Condominiums (urban areas) | 150,000 USD | 5 years (extendable) | The applicant, the applicant's spouse and the applicant's dependents |
| Condominium (rural areas) | 75,000 USD | 5 years (extendable) | The applicant, the applicant's dependents and the applicant's spouse |
Sri Lanka Visa Through Real Estate Investment Through Company
Real estate investment methods through a company for Sri Lanka visa are given below.
| Investment type | Minimum investment | Duration | Permitted persons |
|---|---|---|---|
| Condominiums (urban areas) | A condominium worth 500,000 USD | 5 years | 4 executives and their spouses and dependents |
| Condominiums (urban areas) | Two or more condominiums, each over $150,000 and totaling at least $500,000 | 5 years | 4 executives and their spouses and dependents |
| Condominium (rural areas) | Two or more condominiums, each over $75,000 and totaling at least $500,000 | 5 years | 4 executives and their spouses and dependents |
Sri Lanka Visa via Treasury Investment
The recommendation authority for Sri Lanka visa via treasury investment is the Central Bank of Sri Lanka and the application fee is 200 USD per year. The minimum investment amount for Sri Lanka visa via treasury investment is 250,000 USD for 5 years and 400,000 USD for 10 years.
Sri Lanka Visa Through Stock Market Investment
The recommendation authority for Sri Lanka visa via stock investment is the Central Bank of Sri Lanka or the Securities and Exchange Commission (SEC) of Sri Lanka, and this visa is available to your spouse and dependents. The application fee for Sri Lanka visa via stock investment is USD 200 per year and the minimum investment amount is USD 100,000 for 5 years and USD 200,000 for 10 years.
Sri Lanka "My Dream Home" Visa Program for Investors
Sri Lanka “My Dream Home” visa program for investors is a renewable visa type valid for 2 years for people above 55 years of age. For the “My Dream Home” visa program, a monthly transfer of 1500 USD and 750 USD for spouses and dependents must be made to a fixed deposit account in any approved bank in Sri Lanka.
Frequently Asked Questions
Below are the most frequently asked questions and answers about Sri Lankan investor visas.
How to Get a Sri Lankan Investor Visa?
For a Sri Lanka investor visa, you must first make an investment in Sri Lanka by meeting the minimum investment amount and criteria according to the type of investment program you prefer.
In order to obtain an investor visa in Sri Lanka, the relevant institution applies for an entry visa approval on your behalf to the Sri Lanka Immigration Department 45 days before your planned trip. Then, the Sri Lanka Immigration Department authorizes the Sri Lanka Ankara Embassy for the entry visa and you receive an entry visa from the Sri Lanka Ankara Embassy.
After obtaining an entry visa from the Sri Lankan Embassy in Ankara, you need to go to Sri Lanka. For a Sri Lankan residence permit visa, you make an appointment at the Sri Lankan Immigration Department in Colombo and at the appointment, you submit the documents and complete the fee payment and have your residence permit visa applied to your passport.
What are the Required Documents for an Investor Visa?
For Sri Lanka investor visa you need to submit the following documents.
- Completed visa application form
- A photocopy of the page containing your passport and identification information
- Two current biometric photographs
- Receipt showing that you have paid the visa fee
- Health protection plan registration
- A recommendation letter from the Board of Investments (BOI) or the relevant ministry
- Agreement signed with BOI
- Request letter received from the relevant company or institution
- Company registration certificate
- Company board of directors information
- Articles of association of the company
- Criminal record
You can access the list with detailed explanations for the Sri Lanka investor visa on the Sri Lanka visa documents page.
How Long is the Sri Lanka Investor Visa?
Sri Lanka investor visa is valid for 1 year and can be renewed.