Governing Foreign Ownership of Land in Sri Lanka and Implications for Foreign Direct Investment

Abstract
This briefing note provides a discussion of the 2013 Budget Proposal on the prohibition of outright transfer of property to foreign nationals - its suitability, its policy design and concerns on implementation. Importantly, it places the proposal in international context by reviewing the practice and experience of several peer countries. The report was prepared for the Ceylon Chamber of Commerce
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Keywords
Land, Foreign direct investment, Property, Taxation, Sri Lanka, IPS, Budget, Ceylon Chamber of Commerce,, FDI
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