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What
is it? |
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Resident Non-national
Foreign Currency Accounts scheme is for foreign citizens
who hold valid Sri Lankan resident visas. It is an incentive
given to them to have their foreign currency deposits
in Sri Lanka. Credits to these accounts are restricted
to proceeds of foreign currency remittances received
in the name of the account holder. Debits to these accounts
are freely permitted. |
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Who
is eligible? |
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Foreign
nationals who posses valid Sri Lankan resident visas. |
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What
are the benefits? |
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Accounts maintained in foreign currency. |
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Available in the form of Savings or Fixed Deposit accounts. |
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Interest earned in foreign exchange. |
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Funds can be remitted for authorized purposes without
any Exchange Control |
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approval. |
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Interest income exempted from income tax. |
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