Invest with Confidence
Before investing, it’s essential to understand Sri Lanka’s legal and financial requirements.
Massar Briggs Property Group can guide you through the process — from identifying the right property to ensuring your investment is safe and compliant.
Can Foreigners Buy Property in Sri Lanka?
A Quick Guide for Investors
Sri Lanka is becoming a popular choice for global investors looking for affordable, high-potential real estate in South Asia. If you’re a foreigner considering buying property here, it’s important to understand what’s allowed under local law.
1. Land (Freehold Ownership)
Foreigners — individuals or companies with over 50% foreign ownership — cannot own freehold land outright under the Land (Restrictions on Alienation) Act No. 38 of 2014.
2. Condominium or Apartment Units
Foreign investors can freely purchase apartments or condominium units on any floor, as long as payments are made through inward foreign remittance and the property is registered under the Condominium Management Authority.
3. Leased Land (99-Year Lease)
Foreigners may lease land for up to 99 years, offering long-term security without direct ownership. Leases carry 1% stamp duty and are renewable.
The Takeaway
While other investment options fluctuate with market sentiment, real estate stands strong as a proven, inflation-beating strategy.
Whether you’re planning your dream home or expanding your commercial portfolio, there’s no better time than now to invest smart — and invest in land.
Why Property Is Still the Smartest Investment in Sri Lanka
In an era of economic uncertainty, few investments have stood the test of time like real estate. According to the latest Central Bank data, the Land Valuation Indicator (LVI) for the Colombo District has risen to 236.8 in the second half of 2024 — a 7.7% year-on-year increase.
This steady growth reinforces a clear message: property remains one of the most stable and rewarding assets in Sri Lanka.
Why Property Still Matters
Generational wealth – Investing in land isn’t just about returns — it’s about securing a lasting legacy.
A tangible, appreciating asset – Unlike stocks or crypto, land is stable, resilient, and long-term.
Consistent demand – Urban and suburban zones continue to see rising demand, pushing land values higher each year.
2024 Land Value Growth at a Glance
📈 Residential Land: +9.9%
🏢 Commercial Land: +9.4%
🏭 Industrial Land: +3.9%
Across all sectors, the trend is clear — property in Sri Lanka continues to appreciate, even amid global market fluctuations.