The Sri Lankan government has introduced another new bill into parliament, looking to restrict land ownership by foreigners, foreign companies and companies registered in Sri Lanka that have foreign owners.
The bill entitled “Land (Restrictions on Alienation)” is set to be debated on in Parliament before it is passed.
The few exceptions will be those projects that the government declares fall under the “Strategic Development Act” or to Diplomatic Missions reports the Daily Mirror.
See our earlier posts:
Cabinet approves bill prohibiting land sales to foreign citizens (14 Aug 2014)
Sri Lanka to use census to appropriate lands of diaspora Tamils - report (15 Dec 2013)
Ministry of Finance prohibits sale of land to 'foreigners' (19 Apr 2013)
Land sales to 'foreigners' banned (24 Feb 2013)
Gotabhaya to interview dual citizenship applicants (06 Jan 2013)
Army tell Tamils in Jaffna - 'beware the Tamil diaspora' (14 Apr 2012)
Diaspora Tamils have to reapply for land deeds (06 Sep 2011)