An OIA is a special account designated to channel funds abroad for eligible overseas investments such as investment in Shares, Units, Debt Securities, Sovereign Bonds and establishing an overseas arm of a company incorporated in Sri Lanka.
Limits for Outward Investments
Eligible Resident Investor | Type of Investment | Permitted limit |
(i) A company listed in the Colombo Stock Exchange | Shares, Units, DebtSecurities andSovereign Bonds | USD 2,000,000 or an equivalent amount in any foreign currency designated by the Central Bank, per calendar year |
(ii) A company not listed in the Colombo Stock Exchange | USD 500,000 or an equivalent amount in any foreign currency designated by the Central Bank, per calendar year | |
(iii) A partnership registered in Sri Lanka | USD. 300,000 or an equivalent amount in any foreign currency designated by the Central Bank, for life time. | |
(iv) An individual | USD. 200,000 or an equivalent amount in any foreign currency designated by the Central Bank, for life time. | |
(v) A company or a partnership | Setting up of Overseas offices | USD. 300,000 or an equivalent amount in any foreign currency designated by the Central Bank, per calendar year. |
For detailed information contact nearest Sampath Bank Branch or Customer Care Centre.
Permitted Credits
Permitted Debits
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