Purchasing land with a cash cheque

Hi,

Make sure land is transferred to your name. As per sri lankan new law foreigners cant buy lands on there name. You have to buy for a locals name then u can buildup. Please check everything before you make the payment.

It's not unusual to pay cash in Sri Lanka. It is counted and witnesses in front of both parties and a receipt is signed by the vendor and witnessed by the lawyers.

Buying property by foreigners is not simple or straightforward  in Sri Lanka. I hope that you have a very good experienced and honest lawyer.

Hi mate,
All good, my wife is half Sri Lankan and we have family / good legal council.
Thanks a lot for advice!

Hi Christopher,

Thanks a lot for advice. My wife is half Sri Lankan and my father in law ( Sri Lankan) is 51 % share holder
So all good in that front.
Unfortunately we will not be able to be there for completion so we need to find the quickest
Route to complete the transaction.will have to look into the cash cheque option I think.
Thanks a lot pal

Better do the deal through a reputed Legal firm.

Sorry for the delay, if it's any good to you, an alternative may be to pay your (reputable) lawyer by cheque in his or his firm's name, get a proper receipt which clearly states what the money is for, and you are fairly safe, because if anything happens, you can go directly to the Fraud Bureau and/or Criminal Investigation Department (depending on the amount of the money involved)instead of the local police, because those two agencies work very fast in rectifying problems for foreigners and/or land frauds.

Your lawyer could then pay the seller any way they wish.

Good Luck!