Sri Lanka

Old Apr 25th 2020, 6:29 pm
  #1  
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Default Sri Lanka

Hi all,

My first post on here so I apologise if I've broken any kind of rules or form.

I have spent the last 10 years visiting Sri Lanka and my heart is there. I'm not in the position to currently but in a couple of years I would like to move there if possible. Does anybody have any experience of this and setting up a business? Ideally I'd like to have a hostel / B&B type hotel as I have management experience of this already. A Sri Lankan friend has advised me that I may only be able to do this if a local owns 51% of the business.

Any info / advice would be much appreciated.
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Old Apr 25th 2020, 6:34 pm
  #2  
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Default Re: Sri Lanka

I had a colleague in Saudi Arabia who had property in Sri Lanka. He had to put it in the name of a Sri lankan. i query the wisdom of doing this.
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