Share your email and we'll share the latest news
Exclusive economic intelligence, political and business coverage
Friday, November 13 2026
Friday, November 13 2026
MONETABRIEF – Sri Lanka will give permanent residency for investors based and free dual citizenship for family members of ex-Sri Lankans, President Anura Kumara Dissanayake said, presenting a budget for 2027.
"Legislative work has already commenced to grant permanent residency to investors based on the size of the investment and other relevant criteria," President Dissanayake told parliament.
Fees were also slashed for overseas Sri Lankans to get dual citizenship. Sri Lankans who migrate usually have to renounce their citizenship to get citizenship in foreign countries.
"We must take a new approach to connect the knowledge and abilities of Sri Lankans living abroad and their children, as well as their bond to the motherland, to the future development journey of the country"," President Dissanayake said.
"Accordingly, we propose to introduce a "Global Sri Lankan Heritage Citizen" programme for the second and third generations of the overseas community of Sri Lankan origin.
"Accordingly, we propose to grant dual citizenship, free of any charge, to the spouse and children of an applicant for dual citizenship, as well as to third-generation children." (Colombo/Nov13/2026)
| 3 month bill | 9.26% | 1bp ▲ |
| 12-m bill | 9.95% | 2bp - |
| Gold (Ounce) | $4015 | - ▼ |
Comments
Be the first person to comment and join the debate