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Sri Lanka to issue long-term visas for travellers interested in investing

The publish Sri Lanka to factor long-term visas for travellers desirous about making an investment seemed first on TD (Travel Daily Media) Travel Daily.

The Sri Lankan cupboard has approved a plan to provide long-term visas to vacationers who’re desirous about making an investment within the island country. Minister of Youth and Sports Namal Rajapaksa said in a commentary that the speculation used to be submitted through President Gotabaya Rajapaksa and authorized through the cupboard.

According to Rajapaksa, long-term visas for traders, is not going to handiest considerably build up Foreign Direct Investment (FDI), however may even inspire extra execs and experts to take a position, paintings, and reside in Sri Lanka. The Board of Investment (BOI), Sri Lanka’s state-owned funding company, introduced this week that the rustic goals to draw $3 billion in FDI through 2026 and that the BOI has finalized a strategic plan for the duration 2022 to 2026.

According to the BOI’s proposal, new investments will build up export income to $15 billion through 2026, developing greater than 100,000 jobs within the nation.

The publish Sri Lanka to factor long-term visas for travellers desirous about making an investment seemed first on Travel Daily.



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