
Can foreigners buy property in Sri Lanka?
Does buying property give me residency in Sri Lanka?
Not automatically. Property ownership and immigration status are separate matters. Certain investment and residence visa programmes may allow qualifying property investment, but the visa requirements need to be met separately.
Can foreigners buy apartments / condominiums?
Yes. Foreign buyers can purchase qualifying condominium parcels under Sri Lankan law. For foreign buyers, the purchase price must be paid in full through an inward foreign remittance before the deed of transfer is executed.
Can foreigners buy apartments / condominiums?
Yes. Foreign buyers can purchase qualifying condominium parcels under Sri Lankan law. For foreign buyers, the purchase price must be paid in full through an inward foreign remittance before the deed of transfer is executed.
Can foreigners buy a villa or standalone house?
A standalone house that comes with freehold land generally cannot simply be purchased by a foreign individual because the underlying land cannot ordinarily be transferred to a foreigner. Alternatives may include a long-term lease or purchasing a qualifying condominium property.
Can foreigners lease land in Sri Lanka?
Yes. Long-term leasing is an alternative to outright land ownership, and leases can extend for substantial periods depending on the arrangement and applicable law.

