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Global Trade Alert

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Sri Lanka: Ban of land sales to foreigners

Description

On 29 October 2014, Sri Lanka through the Land (Restriction of Alienation) Act, No. 38 of 2014, banned the sale of land in Sri Lanka to foreigners, foreign companies, and local companies wherein fore...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

01 Jan 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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