Sri Lanka flourishes in every way after 2009 when a 30 year old civil war came to an end. There were vested interest by many foreign entities and communities to invest in Sri Lanka also the urge to make the beautiful island their home. The country which is surrounded by pristine beaches, rich culture and history with many monuments, ever famous tea and many other accolades became everyone’s go to destination during the past decade.
The laws and regulations to invest in a property, or a business is simple and straightforward. Many expats have shown interest to spend their retirement in the tropical island after the government of Sri Lanka announced ‘Sri Lanka My Dream Home Program’ to allow foreign nationals to look at a feasible long term stay in Sri Lanka. This long term resident visa programme allows applicants to bring their children and spouses to the country alongside the visa holder.
There are many benefits which is packaged with this dream home programme, listed down below.
Key Benefits:
- Unlimited time of stay in Sri Lanka with multiple entry visa
- Ability to invest or own a business in Sri Lanka
- Live a luxury lifestyle at a smaller cost
- Hub for traditional ayurvedic medicine which is a new favorite
- Ability to travel within the entire country within hours
- Access to medical facilities everywhere in the country
- Living with friendly, hospitable people with a high literacy rate
- Retain your own country’s citizenship while staying in Sri Lanka
Why you should consider applying for My Dream Home programme.
- Residence visa valid for 02 years which is renewable, will be granted
- Feeling welcome and safe while living in Sri Lanka among who are kind to foreigners.
- Enjoying range of climates, seasons and temperatures etc.
- Endless outdoor health-giving opportunities for golf, tennis, physical training in gyms, marathon running, swimming, surfing, snorkeling, sea or fresh water fishing, bird-watching and observing nature in world class game reserves.
- Luxurious furnished houses or flats are available on the tropical coastal belt, in the scenic central highlands and in the main cities
Eligibility Requirements for Dream Home Visa
- Any foreign national over 55 years of age
- a. Should remit US$15000 or the equivalent in an approved foreign currency and deposit them in a fixed deposit account in an approved any bank in Sri Lanka.
And
b. A monthly remittance of US$ 1500 or the equivalent in an approved foreign currency for the principal applicant and US$ 750 or the equivalent in an approved foreign currency for each spouse and dependent child* for their upkeep (if accompanied by spouse/children) in a savings or current account in an approved any bank in Sri Lanka.
We can help you with your documentation and visa application if you consider of applying to the programme. Speak to ExroAsia for a hassle fee support and relocation with ease.