Global Trade Alert
Global Trade Alert

Sri Lanka: Ban of land sales to foreigners

Announcement

29 Oct 2014

In October 2014, Sri Lanka announced an Act to ban the sale of land to foreigners.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2013

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

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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