Sri Lanka is the one of the safest countries in the world to invest in due to a number of mechanisms in place to protect investors. Article 157 of the island’s constitution guarantees the safety of investment protection treaties and agreements approved by parliament by a two thirds majority.
Sri Lanka has signed bilateral Investment Protection Agreements (IPA) with 27 countries. The country has a very independent system of courts which can redress any concerns of investors.
Sri Lanka also has bilateral Double Tax Avoidance Agreements with 38 countries.
Sri Lanka: Double Taxation Avoidance Agreements
|Belgium||Korea (Republic of)||Russia|
|Canada||Kuwait||Saudi Arabia (Limited)|
|Hong Kong (Limited)||Oman (Limited)||United Kingdom|
Sri Lanka: Bilateral Investment Treaties
|Republic of Korea|