DIRECTIONS No. 06 of 2017 UNDER FOREIGN EXCHANGE ACT No. 12 of 2017
Accounts could be opened and maintain in the names of prospective investors and professionals who come to Sri Lanka under “Resident Guest Scheme’ implemented by the Department of Immigration and Emigration, is subject to the following.
An investor is required to remit or bring a sum of United States Dollars (USD) 250,000 or its equivalent in another designated foreign currency for investment in Sri Lanka and a further sum of USD 35,000 per person for the upkeep in Sri Lanka of the investor and dependents accompanied by him.
A professional is required to remit or bring into Sri Lanka a sum of USD 2,000 per month and a further sum of USD 1,000 per month for each dependent accompanied by him, for living expenses in Sri Lanka.