Sri Lankan tourism industry sees signs of recovery – New programs in place

The beautiful island paradise of Sri Lanka continues to attract tourists despite the major financial crisis the country is facing today. The tourism industry seems to be on its way to recovery even though it is a little slow. Meanwhile, the Sri Lankan government continues to make plans to help keep the industry running steady.

One such initiative the government has come up with is the Golden Paradise Visa Program where visas are sold to foreigners for $100,000. This visa will permit foreigners to live and work in Sri Lanka for the next 10 years. A 5-year visa is also available for those from overseas who are willing to buy an apartment on the island for $75,000. The program is expected to bring in more foreign income which the country needs. Turyaa Kalutara Hotel and many other Kalutara beach hotels are expecting to see a rise in occupancy as well with short stay travellers.

caleb

Recent Posts

Abu Dhabi Announces $10 Billion Tourism Strategy – Adding to the Allures of the UAE

The capital of the United Arab Emirates, Abu Dhabi, is poised to become a global…

5 days ago

Visa-Free Initiative in Sri Lanka Extended Till 30th April – Increase in Arrivals Reported As Well

Sri Lanka has announced the extension of its pilot project granting visa-free entry to visitors…

5 days ago

Minor Hotels to Debut Avani Brand in China – Two Properties to Be Located in Xinyi

Offering more opportunities to enjoy nature-based getaways, Minor Hotels is set to debut its Avani…

5 days ago

Bangkok to Host PATA Travel Mart 2024 – Connecting Asia Pacific in the City of Angels

The Pacific Asia Travel Association (PATA) has announced Bangkok, Thailand, as the host city for…

5 days ago

Phuket Ramps Up Tourist Security Measures: Planned Ahead of Visa-Free Travel

High-ranking officials from Thailand's Tourist Police and Immigration Bureau visited Phuket yesterday in a coordinated…

5 days ago

Phuket Highlights: Government Plans Construction of New Airport

The recent success Phuket has experienced in its tourist industry has thrown it into the…

5 days ago