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The Sri Lankan government intends to increase the validity of resident visas to encourage foreign investments in the country.
Key Points:
Additional Information: The longer validity for resident visas is intended to spur economic activity and provide a better environment for foreigners to invest in businesses.
BAL Analysis: BAL will continue to monitor develops regarding resident visas and will provide more information as it becomes available.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
Copyright © 2021 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries, please contact copyright@bal.com.
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