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Sri Lanka can be a retirement destination for foreigners

Jun 7, 2011 11:11:28 PM - itnnews.lk

Sri Lanka could very well be in an excellent position to attract foreigners seeking a retirement destination in the Asian region with comparatively low cost of living coupled with unique natural attractions.



This is mentioned in a recent report on land and property titled ‘A golden decade for real estate.’ It has been prepared by NDB Stockbrokers Private Limited. According to the report, with the end of the war, the country is seen as a safe place in the region with low possibility for natural disasters.

Also the comfortable climate and sophisticated healthcare facilities would attract foreigners.

Further, the report noted that the ease of transportation within the country and within the region is likely to improve as the country develops as a regional hub. According to the report another reason why foreigners may opt Sri Lanka would be because the present laws and regulations are not too tight for foreigners.