This account enables resident investors to invest in shares of companies incorporated outside Sri Lanka and sovereign bonds issued by foreign governments and governmental organizations.
Eligibility
Category 1: Companies other than companies limited by guarantee registered under the companies Act.No.07 of 2007
Category 2: Partnerships registered in Sri Lanka
Category 3: Individuals resident in Sri Lanka
Category 1 & 2 above could also be permitted to set up and maintain Branch Offices, Liaison Offices, Marketing Offices, Agency Offices, Project Offices, Representative Offices or other similar Offices (could be referred as Overseas Offices) outside the country.
Limitations
Resident Investors could invest as per the following.
Companies listed at the Colombo Stock Exchange - Investment of USD.2,000, 000/- per calendar year
Companies which are not listed at the Colombo Stock Exchange - Investment of USD.500, 000/- per calendar year
Any partnership registered in SL- Investment of USD.300, 000/- lifetime
Individual resident in Sri Lanka - Investment of USD.200, 000/- lifetime
