Sri Lanka has become quite the hub for commerce and finance over the last decade. It now welcomes foreign investment much better than before. With a groundbreaking development agenda already in place and taking form, many cities across the little island, especially Colombo & Kandy, have now been transformed into bustling urbanized cities with a lot of value placed on adjacent, available land. Paving ways for sustainable investments.
The infrastructure development that is underway promotes an investment-friendly culture, and is especially very welcoming towards foreign investments. Foreigners and expats have always viewed Sri Lanka as the perfect destination spot; thanks to its rapid development and its Geo-strategic placement in South Asia. Foreign investors & investment companies are on the lookout for property in the form of land and buildings, in order to indulge in real estate. The general idea is to buy or lease Sri Lankan property in order to build their dream holiday homes; second homes or in order to engage in commercial investment property.
As of late, much of the world’s attention is focused on the landmark Colombo Port City Project that is set to open a gateway of investment opportunities for potential investors. A high-end metropolis in the making, Port City is expected to attract billions of dollars in investments in the years to come.
Envisioned to put Sri Lanka on the map of commercial and financial hubs, project Port City is set to create 80,000 jobs with over a quarter of a million people being expected to commute for job purposes.
Endless beaches, timeless ruins, welcoming people, oodles of elephants, rolling surf, cheap prices, fun trains, famous tea and flavorful food make Sri Lanka irresistible. – Lonely Planet