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ARTICLE · 04 MAY 2022

Long-Term Residence Visas For Investors

Envoy Global, Inc.
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On 28 April 2022, the government of Sri Lanka approved new long-term residence categories for foreign national investors.

Sri LankaImmigration
Jessie Butchley
Jessie Butchley
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Key Points  

  • Introduction of new long-term residence options for foreign national investors 

Overview  

On 28 April 2022, the government of Sri Lanka approved new long-term residence categories for foreign national investors. These new visa types are as follows: 

  • The Golden Paradise Visa Program: available to foreign nationals who deposit at least USD 100,000 into a bank account in Sri Lanka; or 
  • The Long-Term Residence Visa: available to foreign nationals who invest USD 75,000 or more in condominium properties in Sri Lanka.  

Status under this new program will be issued for a period of five to ten years. 

What are the Changes?  

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