SL to issue long-term residence VISA for foreign investors


The government has decided to introduce a new “Golden Paradise VISA Programme” to grant long-term residence visas to foreign nationals.

Accordingly, the visa scheme will enable the government to issue residence visas for 10 years to foreign nationals who deposit at least USD100,000 in a commercial bank recognized by the Central Bank of Sri Lanka.

Meanwhile, long–term residence visas for up to 10 years will also be issued to foreigners, their spouses and their dependents who invest at least USD 75,000 or more in condominium properties.

The proposal was tabled by President Gotabaya Rajapaksa as the Minister of Defense.


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