{"id":94704,"date":"2022-07-03T04:24:16","date_gmt":"2022-07-03T04:24:16","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=94704"},"modified":"2022-07-03T04:24:16","modified_gmt":"2022-07-03T04:24:16","slug":"boi-launches-five-year-residence-visa-to-entice-foreign-investors-3","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/boi-launches-five-year-residence-visa-to-entice-foreign-investors-3\/","title":{"rendered":"BOI launches five-year residence visa to entice foreign investors"},"content":{"rendered":"<header class=\"inner-h\">\n<h1 class=\"innerheader\" style=\"text-align: center;\"><span style=\"font-size: 24px;\"><strong><span style=\"color: #333399;\">BOI launches five-year residence visa to entice foreign investors<\/span><\/strong><\/span><\/h1>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-94703\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/07\/BOI-launches-five-year-residence-visa-to-entice-foreign-investors-e1656820968473.jpg\" alt=\"BOI launches five-year residence visa to entice foreign investors\" width=\"600\" height=\"349\" \/><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Investment Promotion Minister Dhammika Perera hands over visa document to Unilever Sri Lanka Chairperson and Managing Director Hajar Alafifi Laadel in the presence of BOI Director General Renuka M. Weerakone (extreme left)<\/span><\/p>\n<\/header>\n<p><span style=\"font-size: 16px; color: #000000;\">Source:<span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/www.dailymirror.lk\/business__main\/BOI-launches-five-year-residence-visa-to-entice-foreign-investors\/245-240217\" target=\"_blank\" rel=\"noopener\">dailymirror.lk<\/a><\/span><\/span><\/p>\n<header class=\"inner-h\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-94702\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/07\/BOI-launches-five-year-residence-visa-to-entice-foreign-investors-2-e1656821876544.jpg\" alt=\"BOI launches five-year residence visa to entice foreign investors\" width=\"600\" height=\"337\" \/><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Investment Promotion Minister Dhammika Perera hands over visa document to Lanka IOC PLC Managing Director Manoj Gupta<\/span><\/p>\n<\/header>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><strong>10 investors received long-term visa yesterday<\/strong><\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><strong>Application process entirely online<\/strong><\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><strong>Initiative aimed at improving SL\u2019s ease of doing business index<\/strong><\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">In an effort to step up the nation\u2019s game in luring in foreign direct investments (FDI), Sri Lanka\u2019s investment promotion agency, the Board of Investment (BOI), launched yesterday the five-year residence visa programme dedicated to investors.<\/span><\/p>\n<p style=\"text-align: justify;\">\n<span style=\"font-size: 16px; color: #000000;\">The initiative has been launched by the newly-appointed Investment Promotion Minister Dhammika Perera to make Sri Lanka meet the international benchmark in terms of ease of doing business.The long-term visa programme, a long-felt need, primarily aims to facilitate the investors, who wish to embark on a journey with the BOI.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\">\n<span style=\"font-size: 16px; color: #000000;\">\u201cBefore the implementation of this programme, they (investors) had to go through a long documentation process every year to get these visas.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Having understood the prime need to provide a seamless and convenient service for investors, we have launched the new programme, albeit I have not officially assumed duties as the Investment Promotion Minister,\u201d said Perera at the launch event held in Colombo yesterday.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The visa application process is accessible online and the facility is also used for defence clearance. Plans are afoot to introduce the same mechanism with the Immigration and Emigration Department, the BOI said.<\/span><\/p>\n<p style=\"text-align: justify;\">\n<span style=\"font-size: 16px; color: #000000;\">At the launch event, 10 investors received the five-year resident visa. Among the investors who received the facility were Unilever Sri Lanka Chairperson and Managing Director Hajar Alafifi Laadel, Ocean Lanka (Pvt.) Ltd Managing Director Dr. Austin C K Au, Taprobane Sea Foods Managing Director Timothy O\u2019Reilly, Antwerp Plastic Merchandising (HK) Ltd Director Nancy Liu and Elegant Knitting Director Luke Holmick and Lanka IOC PLC Managing Director Manoj Gupta.<\/span><\/p>\n<p style=\"text-align: justify;\">\n<span style=\"font-size: 16px; color: #000000;\">The agency annually issues 7500-8000 visa recommendations for investors, employees and dependents. <\/span><span style=\"font-size: 16px; color: #000000;\">The BOI has granted visas for foreign nationals from 109 countries such as India, the United Kingdom, Japan, Korea, Malaysia and Pakistan, which represent the most applicants based on last year\u2019s statistics.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BOI launches five-year residence visa to entice foreign investors Investment Promotion Minister Dhammika Perera hands over visa document to Unilever Sri Lanka Chairperson and Managing Director Hajar Alafifi Laadel in the presence of BOI Director General Renuka M. Weerakone (extreme left) Source:dailymirror.lk Investment Promotion Minister Dhammika Perera hands over visa document to Lanka IOC PLC [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":94703,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[40479,37632,45442,34430],"class_list":{"0":"post-94704","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-boi","9":"tag-dhammika-perera","10":"tag-ocean-lanka-pvt-ltd","11":"tag-unilever-sri-lanka","12":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BOI launches five-year residence visa to entice foreign investors - eLanka<\/title>\n<meta name=\"description\" content=\"Investment Promotion Minister Dhammika Perera hands over visa document to Unilever Sri Lanka Chairperson and Managing Director Hajar\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BOI launches five-year residence visa to entice foreign investors\" \/>\n<meta property=\"og:description\" content=\"Investment Promotion Minister Dhammika Perera hands over visa document to Unilever Sri Lanka Chairperson and Managing Director Hajar\" \/>\n<meta property=\"og:url\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/boi-launches-five-year-residence-visa-to-entice-foreign-investors-3\/\" \/>\n<meta property=\"og:site_name\" content=\"eLanka\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eLanka.com.au\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-03T04:24:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/07\/BOI-launches-five-year-residence-visa-to-entice-foreign-investors-e1656820968473.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"349\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"eLanka admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"eLanka admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/boi-launches-five-year-residence-visa-to-entice-foreign-investors-3\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/boi-launches-five-year-residence-visa-to-entice-foreign-investors-3\/\"},\"author\":{\"name\":\"eLanka admin\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd\"},\"headline\":\"BOI launches five-year residence visa to entice foreign investors\",\"datePublished\":\"2022-07-03T04:24:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/boi-launches-five-year-residence-visa-to-entice-foreign-investors-3\/\"},\"wordCount\":389,\"publisher\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#organization\"},\"image\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/boi-launches-five-year-residence-visa-to-entice-foreign-investors-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/07\/BOI-launches-five-year-residence-visa-to-entice-foreign-investors-e1656820968473.jpg\",\"keywords\":[\"BOI\",\"Dhammika Perera\",\"Ocean Lanka (Pvt.) 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