Land sales to 'foreigners' banned

by admin
Feb 23, 2013

Sri Lanka has announced that it has decided to ban the sale of all state and private land to 'foreigners', according to Media and Information Minister Keheliya Rambukwella.

The move was approved by Sri Lanka's cabinet and will be brought to Parliament. It will also see the ban on transfer of land on a freehold basis to foreigners, including land which is already owned by foeigners.

See report from Lanka Busniess Online here.

See our earlier post: Sri Lanka to ban sale of land to 'foreigners' (12 February 2013)

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