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Property Leasing

Guide to Buying Property in Sri Lanka for Foreigners & Expats (2026)

Foreigners and expats can invest in real estate in Sri Lanka under specific regulations. This guide explains all available pathways, legal requirements, tax structures, visa eligibility, and investment rules for property acquisition and leasing. 1. Can Foreigners Buy Property in Sri Lanka? Foreigners can legally purchase: Apartments / Condominiums (any floor above ground level)...

Understanding Sri Lanka’s New Lease Act: What It Means for Tenants and Landlords

New Lease Act in Sri Lanka: What Tenants and Landlords Should Know

Sri Lanka has recently updated its property leasing laws with the introduction of the Recovery of Possession of Premises Given on Lease Act No. 11 of 2023. This new legislation, effective in 2023, aims to modernize and streamline the property leasing process, specifically addressing challenges in recovering leased premises. This blog article explores the key aspects of the new Lease Act, its impact on...