1. Golden Paradise Visa Program:
Eligibility: Foreign investors who deposit a minimum of USD 200,000 in a
commercial bank recognized by the Central Bank of Sri Lanka.
Validity: 10-year residence visa, renewable.
Conditions: Investors may withdraw up to 50% of the initial investment
after the first year from the visa issuance date.
Applicable To: The primary applicant, spouse, and dependents.
Visa Fee: USD 200 per year.
2. Investment in Condominium Property:
Eligibility: Foreigners investing in condominium properties in Sri
Lanka.
Investment Requirements:
Urban Areas: Investment of USD 200,000 grants a 10-year residence visa.
Urban Areas: Investment of USD 150,000 grants a 5-year residence visa,
extendable.
Suburban Areas: Investment of USD 75,000 grants a 5-year residence visa,
extendable.
Applicable To: Applicant, spouse, and dependents.
Visa Fee: USD 200 per year.
3. Direct Investments:
Eligibility: Foreign investors making substantial direct investments in
Sri Lanka.
Investment Requirements:
USD 300,000: Grants a 5-year residence visa.
USD 500,000: Grants a 10-year residence visa.
Applicable To: Applicant, spouse, dependents, and support staff
(assistants, cooks, caregivers) with a monthly remittance of USD 1,500
per person.
Visa Fee: USD 200 per year.
4. Investments in Treasury Bonds, Treasury Bills, Sri Lanka Development
Bonds:
Eligibility: Foreign investors purchasing government securities.
Investment Requirements:
USD 250,000: Grants a 5-year residence visa.
USD 400,000: Grants a 10-year residence visa.
Applicable To: Applicant, spouse, and dependents.
Visa Fee: USD 200 per year.
5. Investments in the Sri Lankan Share Market:
Eligibility: Foreign investors investing in the local stock market.
Investment Requirements:
USD 100,000: Grants a 5-year residence visa.
USD 200,000: Grants a 10-year residence visa.
Applicable To: Applicant, spouse, dependents, and support staff with a
monthly remittance of USD 1,500 per person.
Visa Fee: USD 200 per year.
Additionally, Sri Lanka has introduced a new permanent residence visa
scheme for individuals of Sri Lankan descent and their dependents who
are currently unable to apply for dual citizenship. The initial visa is
valid for 10 years and is renewable.
For retirees, the “My Dream Home” program allows foreign nationals over
55 years of age to reside in Sri Lanka under a long-term resident visa,
issued in two-year blocks. Applicants must deposit USD 15,000 in a fixed
deposit account in an approved Sri Lankan bank and remit a monthly
income of USD 1,500 for the principal applicant and USD 750 for each
dependent.
