Why Sri Lanka

Paradise found

Investing in Developing Nations

Following the end of the 30-year civil war in 2009, Sri Lanka – an island off the coast of India has seen increased traction in global news for its travel & tourism, acclaimed cultural depth, international art-value, sports, spiritual healing and now, growth in real estate. With its increased growth in economic development; Foreign Direct Investment (FDI); and international trade agreements, this island, has seen a considerable favourable increase in its infrastructure, cityscape and regulations to promote international investment.

Sri Lanka is considered the number one [01] tourist destination for 2019 (Lonely planet) and was reaffirmed as the number 1 tourist destination in July 2019, following unrest during Easter 2019. Sri Lanka’s number of visiting tourists has increased by 10.3% from 2017 to end with 2.33 million tourists in 2018. This considerable number of tourists has made Sri Lanka a thriving nation of Foreign Direct Investment (FDIs) and constant circulation of currency and influx of monetary funds.

As tourism continues to thrive, so does the number of tourists and foreign travellers to Mirissa continue to increase. With the increased interest in Sri Lanka by global leisure markets, there has been a considerable hike in tourists migrating to Sri Lanka for retirement, leisure and quality of work-life balance.

As international hotel chains such as Marriott Hotels & Resorts, Hilton Hotels & Resorts, RIU Hotels & Resorts and Shangri-La Hotels & Resorts enter the beachfront tourism market in Sri Lanka, areas such as Mirissa become more popular with foreign travellers, seeking a beachfront lifestyle and property. So continues the increased demand in affordable seasonal and short-term lettings, as well as investment holiday homes for sale.

Sri Lanka is forecasted to receive an approximate 7 million tourists by 2020 (SLTBA).