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Capital Investment In Colombo, Sri Lanka

Written By: Jacquelyn Annete García Vadnais Even though Sri Lanka was not on the radar for real estate investors previously, it has become more popular due to the country’s incredible beauty and government incentive to attract foreign direct investment. With new legislation that is targeting the ease for foreign citizens to acquire property, it is no wonder that Sri Lanka is absolutely a locale to keep one’s eye on. This is particularly true for Colombo, the country’s growing capital city that is attracting more multinational business daily. In order to adequately consider Colombo, Sri Lanka as a viable real estate investment opportunity, consider the information below. A Brief History of Sri Lanka The first traces of humans in Sri Lanka can be traced from the year 543 BC. Many religious legends originate in Sri Lanka to include Adam’s Peak, which is believed to be where Adam first set foot on earth when he was banished from heaven and that Lord Buddha put his footprint on Sri Pa...