Sri Lanka Guide: Property

Buying property isn't easy anywhere, but it gets even more complicated if you have to deal with an unknown property market and legal restrictions of a foreign country. Read our property guide to get a good start – and to avoid mistakes you might later regret.

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  Introduction

  The Sri Lankan property market

  You should take your time and consider all your options when buying property in Sri Lanka. Get an independent legal advice and remember that the country is at risk of natural disasters especially in the coastal areas.

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  Buying property in Sri Lanka

  The process from start to finish

  The buying process itself is not very different from many other countries. The most important thing is to engage an independent lawyer or notary you can trust.

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  Additional fees

  Taxes for foreign property buyers

  Sri Lanka does not have a restriction or a ban on foreign property buyers, but there’s one hitch. The tax for foreigners is not less than 100% of the property’s value.

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