The Department of Immigration & Emigration, Sri Lanka welcomes senior foreign nationals who wish to a prolonged stay in Sri Lanka on Residence Visa under the "Sri Lanka-MY DREAM HOME PROGRAMME". All applicants who fulfil following entry requirements and wish to enter into "Sri Lanka-MY DREAM HOME PROGRAMME" are invited to submit their applications
Entry requirements
1. Applicant should remit US$15,000 or the equivalent in an approved foreign currency and deposit them in a fixed deposit account in an approved Commercial Bank in Sri Lanka.
And
2. a monthly remittance of US$ 1500 or the equivalent in an approved foreign currency for the principal applicant and US$ 750 or the equivalent in an approved foreign currency for each spouse and dependent child for their upkeep (if accompanied by spouse/children) in a savings or current account in an approved
Required documents
· Residence Visa Form with 02-passport size photographs. Application is available in the Visa Division of the department of Immigration & Emigration or the Department's Website www.immigration.gov.lk
· A certified copy of Passport/ Travel document (All pages)
· A certified copy of latest Bank Statement / other related financial documents to indicate the financial capability to support stay in Sri Lanka
· Source of income (Pension / Superannuation) for monthly Remittance for US$1500 for principal applicant and US$750 for each dependent.
· Police clearance certificate not later than 06 months from country of domicile
Terms and Conditions
· This scheme is open to all foreign nationals who are over 50 years of age. Applicant is allowed to bring his/her spouse and under 18 years unmarried dependent children
· To qualify for the scheme, applicants required to remit US$ 15,000.00 and deposit them in a fixed deposit account in an approved Commercial Bank in Sri Lanka.
· In addition to the above, US$1500 for the applicant and US$750 for each spouse and dependent children for their upkeep.
· Applicants under this scheme may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Sri Lanka. However, they must obtain prior approval from the Controller of Exchange in Sri Lanka through the Controller General of Immigration & Emigration.
· Interest gain from the fixed deposit can be withdrawn and utilised for the applicant's upkeep.
· Should possess a valid medical insurance policy, which is applicable in Sri Lanka.
· Should submit a police clearance certificate from country of domicile. A police clearance certificate from Sri Lanka at the time of renewal of the residence visa
· Not involve in any type of criminal activities.
· Should not involve in any type of political activities in Sri Lanka and not participate in any activities that can be considered as sensitive to the local people and a threat to the security of the country
· No paid or unpaid employment while staying in Sri Lanka
· Applicants are bound by the rules and regulations of taxes of Sri Lanka and they are liable to pay relevant taxes.
· Every applicant is expected to submit with half-year bank statement related to the fixed deposit and savings account to the Controller (Visa) of the Department of Immigration & Emigration.
· Should inform the Controller (Visa) of the Department of Immigration & Emigration any changes in visa status, personal information is changed.
Processing of applications
The applications are accepted and processed only at the Department of Immigration & Emigration in Colombo.
. Applicant will be notified the position of his/her application in writing within two weeks of the submission of application.
. Successful applicant will be issued a "Provisional Approval Letter" to open up a fixed deposit foreign Currency account and a savings account for US$ 1500 for living expenses and instruction letter to the Operational Manager of the Bank
. Applicant should submit with the Bank Statement for fixed Deposit of US$15,000 and US$1500 for monthly remittance to the Competent Authority. Also US$ 750 for each dependent if applicable
. Residence visa valid for two years, which is renewable, will be granted to the applicant and dependents.
Fees for the Visa
· Application processing fee of US$ 150 (for main Applicant only)
· Residence visa fee and tax -SLRS 20,000.00 for the applicant, spouse and over 16 years age of dependent children
Procedure for extension of Residence Visa
Should apply with following documents.
· Residence Visa form "A"
· Copy of the passport/new passport
· Renewal notice of fixed deposit certificate and bank statement of savings account.
· Renewal notice of medical insurance policy
· Police clearance certificate obtain from Sri Lanka
Benefits of the Programme
· Residence visa valid for 02 years which is renewable, will be granted
· Feeling welcome and safe while living in Sri Lanka among who are kind to foreigners.
· Enjoying Sri Lanka's range of climates, seasons and temperatures etc.
· Endless outdoor health-giving opportunities for golf, tennis, physical training in gyms, marathon running, swimming, surfing, snorkelling, sea or fresh water fishing, bird-watching and observing nature in world class game reserves.
· Luxurious furnished houses or flats are available on the coast o r in the highlands or the cities at moderate rents.
· Obliging domestic help male or female is available at affordable fair wages.
For applications and instructions, please contact:
Controller (Visa)
Visa Division, Department of Immigration & Emigration
No.41, Ananda Rajakaruna Mawatha
Colombo 10.
Contact Tel -011-5329300
For more information, please visit the Web Site of the Department of Immigration & Emigration http://www.immigration.gov.lk/