Connect with us

News

BOI launches long term residence visa programme for investors

Published

on

The Board of Investment (BOI) yesterday (01) launched the five-year residence visa program dedicated to investors, stakeholders and BOI enterprises.Issuing long-term visas for investors has been the practice as per the international standards. On par with matching the international benchmark in respect of ease of doing business, the BOI has decided to launch this program to attract more investors to the country.

The long-term visa program, a long-felt need, primarily aims to facilitate the investors who wish to embark on a journey with the BOI.

The BOI annually issues 7500-8000 visa recommendations for investors, employees and their dependents.

The BOI has granted visas for foreign nationals from 109 countries such as India, the United Kingdom, Japan, Korea, Malaysia and Pakistan which represent the most applicants based on last year’s statistics.

Addressing the gathering, Investment Promotion Minister Dhammika Perera said “The happiness on the faces of those investors present at the occasion, implies that the newly

launched visa residence scheme is a success,”

“Before the implementation of this program, they had to go through a long documentation process every year to get these visas,” he pointed out.

“Having understood the prime need to provide a seamless and convenient service for investors, we have launched the new program albeit I have not officially assumed duties as the

Investment Promotion Minister,” Mr. Perera highlighted.

Meanwhile, BOI Director General Renuka M. Weerakone stated: “It is certainly a pleasure to see all our long-standing investors on this special day of launching the long-term residence visa program for investors.

“You all have been the contributing towards 65% of export earnings to Sri Lanka and have stood by us even in times of difficult periods that our country faced, which we wish to acknowledge with great gratitude,” she said.

“As far as the new program is concerned, the visa application process can be accessed online and the BOI is also using online facility for Defence clearance and plans to introduce the same mechanism with the Department of Immigration and Emigration,” Ms. Weerakone explained.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

SAARC journalists meet in New Delhi

Published

on

By

President of SJF Sri Lanka Chapter Rahul Samantha Hettiarachchi hands over a memento to Dr Alok Kumar Mishra Joint Secretary of the Association of Indian Universities

Members of the South Asian Journalists Forum have gathered  at the University of  New Delhi for a two day conference themed ‘Peace and Co-operation’.

Journalists from Bangladesh,  Nepal, Sri Lanka and India are attending the conference hosted by the  University of Delhi in collaboration with the India Chapter of SJF, and  will deliberate on how the media can act as a catalyst for regional stability and mutual coexsistence.

A tree plantation campaign was also held at the Ghandi Bhawan premises of the University to mark the event and symbolize growing regional ties.

The Sri Lanka delegation is led by President of SJF’s Sri Lanka Chapter Rahul Samantha Hettiarachchi.

 

 

Continue Reading

News

Governor of Gujarat met with Sri Lanka PM to discuss exposition of Devnimori Relics

Published

on

By

The Governor of the of Gujarat,  Acharya Devvrat, along with the Deputy Chief Minister of Gujarat,  Harsh Sanghvi, met with Prime Minister Dr. Harini Amarasuriya on Thursdy [February 05]  at the Parliamentary Complex to discuss the arrangements related to the exposition of the Devnimori Sacred Relics of  Lord Buddha, which have been brought to Sri Lanka under the patronage of Indian Prime Minister Narendra Modi and the Government of India.

These sacred relics of  Lord Buddha were discovered during archaeological excavations conducted in the 1960s at the historic Devnimori site in Gujarat, the home state of Indian Prime Minister Narendra Modi. Until now, these relics had never been taken outside India. As a result of discussions held between President Anura Kumara Dissanayake and Indian Prime Minister Narendra Modi during his recent visit to Sri Lanka, the people of Sri Lanka have been granted this rare opportunity to venerate these sacred relics.

The exposition of the relics is being held for a period of seven days, from February 05 to February 11, at the Gangaramaya Temple in Hunupitiya, Colombo. Discussions were held between both parties regarding the arrangements related to this event.

The discussion was attended by Samar Nanda, Joint Secretary of the Indian Ministry of Culture; Dr. Satyanjal Pandey, Acting High Commissioner of India in Sri Lanka;  Abhijit Halder, Director General of the International Buddhist Confederation; along with several others.

[Prime Minister’s Media Division]

Continue Reading

News

INS GHARIAL makes port call in Colombo

Published

on

By

The Indian Naval Ship (INS) GHARIAL made a port call in Colombo for operational turnarounds on 04 Feb 26. The Sri Lanka Navy welcomed the visiting ship in compliance with naval traditions.

Commanded by Commander Gaurav Tewari, INS GHARIAL is a vessel with a length of 124.8 meters.

During this visit, ten (10) Bailey Bridges, brought by ship, through the coordination of the High Commission of India in Sri Lanka, will be handed over to the Disaster Management Center. These bridges will provide temporary transportation links while bridges damaged across the island by adverse weather conditions are repaired.

The crew’s itinerary features scheduled goodwill activities with the Sri Lanka Navy, alongside visits to several tourist attractions across the island.

Continue Reading

Trending