Are foreigners allowed to own property in Sri Lanka?
When we asked expats in Sri Lanka if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Sri Lanka. However, they are only allowed to own property in certain areas, such as Colombo, Kandy, and Galle. Foreigners must obtain permission from the Sri Lankan government before they can purchase property in these areas. Additionally, foreigners are not allowed to own agricultural land in Sri Lanka," said a member in Sri Lanka.
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Universal Tax ProfessionalsWe are a U.S. tax firm specializing in taxes for Americans living abroad. We offer expert guidance on navigating the complexities of filing overseas income, foreign asset reporting, and ensuring compliance with both U.S. and international tax regulations. Universal Tax Professionals is a team of experienced experts well-versed in the latest tax laws, including the nuances that apply to expatriates.
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Are foreigners allowed to own property in Sri Lanka?
If you live in Sri Lanka, newcomers to Sri Lanka would love to hear your answer to this question:
