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w.rajapakse

@w.rajapakse

Member

Sri lankan citizen

Forum

2 posts

About me

Sri lankan

Lives in Colombo, Western

Registration: 05 September 2017

Activity

w.rajapakse replied to a thread
5 years ago
Iamandyev

Investing in hostel business in Sri Lanka by Iamandyev

Hey, I am currently in discussions with a Sri Lankan about investing in his hostel business. The business has been running successfully for three years and he is now looking for investment to help with future development in return for a 48% share ...

w.rajapakse

Hi, As foreign shareholder you can invest up to 49% since the property might be belonging to the company. You need to bring investment money through Internal Investment Account ( IIA ) to get shares legally. This account can be opened in any ... Read More

w.rajapakse replied to a thread
5 years ago
johncambell

Transferring Money from Srilanka to Australia by johncambell

Hi Expats, I am planning to sell a property in SriLanka. Once I sell the property I would like to transfer the money from the sale and some savings to my Australian Bank account (westpac) I want to transfer approximately about $600,000 ...

w.rajapakse

A sri Lankan national who has been a resident of sL and has obtained PR or citizenship in another country, including dual citizenship is eligible for the migration allowance, which includes proceeds realised from the sale of movable and immovable ... Read More