With the recent changes in the law welcoming expat Sri Lankans to purchase property in the country, LankaPropertyWeb interviewed Attorney at Law Saminda Jayasekara regarding the feasibility of this option and the barriers to overcome in the process. As a local, there are no restrictions on purchasing property in the country. Whether it is owning a land, apartment or investing in a commercial property,...
“Sri Lanka’s real estate industry is the frontier that will uplift and elevate the nation, on a global scale,” says a hopeful (Eng.) Ranjith Gunatilleke – the current President of the Chamber of Construction Industries of Sri Lanka, a Chartered Engineer and an entrepreneur in the construction industry. Eng. Gunatilleke entered the real estate and construction industry in 1976 serving as a Civil...
Economy The report consists of the economic performances during 2020 and growth forecasts for 2021. Sri Lanka has the highest literacy rate and has the second highest GDP per capita in the South Asian region despite the pandemic. The report covers the following topics - overview, GDP growth, GDP per capita, inflation rate, interest rate, imports & exports, exchange rate, tourism (tourist...
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