Golden VisaActive

Sri Lanka Golden Paradise Residence Visa

Sri Lanka · Asia

2.1
Editorial Score

Min Monthly Income

—

Application Fee

—

Processing Time

—

Difficulty

—

Duration

120 months

Path to Citizenship

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Overview

Sri Lanka's Golden Paradise Residence Visa grants a 10-year residence permit to investors depositing at least USD 100,000-200,000 in a special foreign currency bank account. Family members can be included, allowing rights to invest, live, and study in Sri Lanka.

Eligibility Requirements

RequirementDetails
NationalityOpen to all nationalities
Minimum IncomeNot specified
DependentsAllowed
Local Work PermittedYes
Health InsuranceNot required
Local Bank AccountRequired
Physical PresenceNot specified
Max Consecutive AbsenceNot specified
RenewableNo
Duration120 months
Leads to PRNo

Requirements Checklist

- **Identity Documents:**

- Copy of passport biodata page (all applicants)

- Marriage certificate (for spouse)

- Birth certificates (for dependents)

- **Financial Documents:**

- Proof of GPFCA opening and USD 200,000 deposit

- Deposit proof confirming fund transfer

- **Police Clearance:**

- Report from country of domicile, obtained within 6 months (all applicants, spouse, dependents)

- **Health Documents:**

- Medical report from authorized local (Sri Lankan) hospital clearing Malaria, Filariasis, Tuberculosis, HIV/AIDS (all applicants)

- **Application Forms:**

- Completed Residence Visa application (download from immigration.gov.lk)

- Completed Personal Particulars Form (download from immigration.gov.lk)

Note: No apostille, FBI check, or Certificate of Coverage required per structured data.

📍 Application location: Submit the residence visa application and all documents to the Head Office of the Department of Immigration and Emigration (Suhurupaya, Sri Subhuthipura Road, Battaramulla). Those already in Sri Lanka can initiate via www.immigration.gov.lk and submit documents physically or via [email protected]. No consulate application mentioned.

Tax Information

Tax regime for Golden Paradise Visa holders is not specified in structured data or sources. No special tax regimes, NHR, non-dom, or lump sum options are mentioned. Tax treaty with US is unknown; worldwide vs source taxation and filing obligations are unclear. Consult a tax advisor for residency-based tax implications as physical presence requirements are not specified. No existing tax notes provided.

Work Permissions

·Local employment: Permitted

Application Steps

  1. 1

    📄 Gather required documents

    1-2 weeks

  2. 2

    📋 Receive immigration letter for bank account

    1 week

  3. 3

    📋 Open GPFCA and deposit funds

    1-2 weeks

  4. 4

    📬 Submit full application

    Same day

  5. 5

    📬 Pay visa fee

    1-2 days

  6. 6

    ⏳ Wait for visa issuance

    2-4 weeks

  7. 7

    🏛️ Enter Sri Lanka and comply

FAQ

Frequently Asked Questions

Click any question to expand the answer.

The official immigration site specifies opening a Golden Paradise Foreign Currency Account (GPFCA) with a minimum deposit of USD 200,000 in a local bank licensed by the Central Bank of Sri Lanka. Investors may withdraw up to 50% after the first year. Structured data lists investment required as not specified, so confirm current minimums directly with immigration.
Qualifying investments include government-approved investments, purchasing condominium property, obtaining lands and buildings on lease basis, and Sri Lanka Development Bonds. Funds must be deposited in a GPFCA. The visa allows holders to invest, live, and study in Sri Lanka.
Yes, dependents are allowed including spouse and children, as per structured data. Provide marriage certificate, police clearance from spouse's country of domicile, and birth certificates for dependents. Families enjoy the lasting benefits of the program.
Yes, local work is permitted according to structured data. Visa holders can invest, live, and study in Sri Lanka. No specific local income limit is mentioned.
Structured data indicates leads to PR and years to PR/citizenship as not specified. No path is detailed in sources. Focus on the 10-year (120 months) duration and renewal is not specified.
Physical presence required, max consecutive absence, and days per year are not specified in structured data. It is a residence visa allowing holders to live in Sri Lanka. No minimum stay is mandated in sources.
Submit application and documents to the Head Office of the Department of Immigration and Emigration. Processing time is not specified. After deposit confirmation and visa fee payment, the visa is issued.
Key documents include passport biodata page, police clearance from country of domicile (within 6 months), medical report from local hospital clearing Malaria, Filariasis, TB, HIV/AIDS, and completed forms. Proof of GPFCA deposit of USD 200,000 is required. For dependents, add marriage/birth certificates and their clearances.
Yes, a local bank account is required per structured data. Specifically, open a Golden Paradise Foreign Currency Account (GPFCA) in a Central Bank-licensed bank and deposit the minimum amount.
Submit a written request to the Department of Immigration and Emigration. The investment will be released upon cancellation for holder, spouse, and dependents. Funds can be withdrawn after visa cancellation.

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At a Glance

Renewable✗ No
Dependents✓ Allowed
Leads to PR✗ No
Local Work✓ Permitted
Health InsuranceNot required
Local Bank AccountRequired
Admin Ease1.0/5

Last verified: May 13, 2026

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