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Sri Lankan nationality law details the conditions in which a person is a national of Sri Lanka. The primary law governing nationality regulations is the Ceylon Citizenship Act, which came into force on 15 November 1948. Any person born in Sri Lanka to a Sri Lankan parent is automatically a citizen by descent.
In 2014, the Sri Lankan parliament passed a law banning land purchases by foreigners. The new act allows foreigners to acquire land only on a lease basis of up to 99 years, with an annual 15 percent tax on the total rental paid upfront. [44] [45] [46] [47]
Port City Colombo is located in the metropolis of Colombo, Sri Lanka, which is positioned within South Asian trade routes. The master-planned city is to be constructed between the southern edge of the new Colombo South Port and the Fort Lighthouse. The total area of sea to be reclaimed is 269 ha (660 acres). [1] [2]
The Sri Lankan diaspora are Sri Lankan emigrants and expatriates from Sri Lanka that reside in a foreign country. An estimate in 2013 by the United Nations concluded that the diaspora numbered around three million, with large concentrations in Europe, Middle East, East Asia, Australia and North America.
This programme seeks to analyse Sri Lanka’s trade, foreign investment, and tourism, including the potential to reposition Sri Lanka as an economic hub in the Indian Ocean region. The Global Governance programme [15] covers issues relating to Sri Lanka’s international relations, international law, and security. These involve maritime issues ...
The State Ministry of Foreign Employment Promotions and Market Diversification is a ministry in the Government of Sri Lanka responsible “for converting the entire labour migration sector into a demand driven process and make it highly competitive by introducing required structural changes together with necessary promotional and welfare activities to meet the international market challenges ...
Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy . The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes.
Overseas Realty (Ceylon) PLC is the largest listed real estate company in Sri Lanka. The company is the developer and the proprietor of World Trade Center Colombo and Havelock City . The company was incorporated in 1980 and was listed on the Colombo Stock Exchange in 1982.