- USD200k
Bank deposit
- 10years
Residence
- USD200/yr
Visa fee, paid upfront
- 50%
You can withdraw after year one
How does it work?
immigration.gov.lk- Open a GPFCA
A Golden Paradise Foreign Currency Account, at a commercial bank recognised by the Central Bank.
- Deposit USD 200,000
This is the minimum.
- Apply with your documents
Pay the visa fee for all ten years at once: USD 2,000.
- Live here up to ten years
After the first year you may withdraw up to half the deposit.
Where can the money go?
immigration.gov.lkThe brochure lists these as investment options.
- Sri Lanka Development Bonds
- Buying a condominium
- Government-approved investments
- Leasing land or buildings
What documents do I need?
immigration.gov.lkForms3 items
- Residence visa application form
- Personal particulars form
- Passport bio-data page
Police report1 item
- From your home country or country of domicile, issued in the last 6 months
Medical report2 items
- Covering malaria, filariasis, tuberculosis and HIV/AIDS
- From a government or registered private hospital
How much does it cost?
immigration.gov.lk- USD200,000
Minimum deposit
- USD200
Visa fee per year
- USD2,000
All ten years, paid upfront
If you cancel the visa in writing, you can withdraw the deposit.
Frequently asked questions
How much do I need to deposit for the Golden Paradise Visa?
At least USD 200,000, in a Golden Paradise Foreign Currency Account at a commercial bank recognised by the Central Bank of Sri Lanka.
How long is the Golden Paradise Visa valid?
Up to ten years. The fee is USD 200 a year and the full ten years, USD 2,000, is paid upfront.
Can I take money out of the account?
After the first year you may withdraw up to 50% of the deposit.
Can my family come with me?
Yes. Your spouse and dependants are eligible under the same visa.
Is this the same as the My Dream Home visa?
No. My Dream Home now takes extensions only. The Golden Paradise Visa is the current long-stay option based on a deposit.
Learn more on official sites
The pages this guide is based on.