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Can foreigners buy Real Estate in Sri Lanka?

foreigners buying real estate in sri lanka

Exploring Real Estate Opportunities in Sri Lanka

In the vibrant and diverse real estate market of Sri Lanka, one common question that often arises is whether foreigners can purchase property in this country. As experts in the field, Pan Global Properties (Pvt) Ltd is here to provide clarity on this matter and guide you through the process.

Foreign nationals are indeed allowed to buy real estate in Sri Lanka, subject to certain regulations and restrictions. The regulations governing the purchase of property by foreigners are outlined in the 1980 amendment to the Immovable Property (Amendment) Act No.9 of 1923. Under these regulations, non-nationals can own freehold land, apartments, and condominiums, but there are limitations on the percentage of land that can be owned by a foreigner within a single development.

At Pan Global Properties (Pvt) Ltd, we understand the nuances of these regulations and can assist you in navigating the legal requirements involved in purchasing real estate as a foreigner in Sri Lanka. With our decade-long experience in the industry, we have helped many international clients find their dream property in this beautiful island nation.

One of the key benefits of working with Pan Global Properties is our commitment to providing personalized solutions to complex real estate challenges. We go the extra mile to ensure that your property acquisition process is smooth, efficient, and tailored to your specific needs. Our team of experts is here to answer any questions you may have and to guide you through every step of the buying process.

If you are considering investing in real estate in Sri Lanka as a foreigner, look no further than Pan Global Properties (Pvt) Ltd. Whether you are looking for a luxury beachfront villa, a cozy apartment in the heart of Colombo, or a scenic plot of land for development, we have the expertise and resources to make your real estate dreams a reality.

Visit our website or contact us today to schedule a consultation with one of our real estate specialists. Let Pan Global Properties (Pvt) Ltd be your trusted partner in exploring the exciting opportunities that await you in the Sri Lankan real estate market. Let’s turn your vision into reality.

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