Property News for Sri Lanka

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Sri Lanka’s Property Market Suffering

Sri Lanka's Property Market Suffering

Sri Lanka’s property market was already suffering following the government’s reintroduction of the 100% property tax that’s levied against foreign buyers of Sri Lankan real estate, but since December 2005 when the Tamil Tigers increased their violent efforts to secure a homeland in the nation, the Sri Lankan property market has been a no go area for most investors.

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Property Investment Confidence in Sri Lanka

A number of factors have seen property investor confidence in Sri Lanka significantly boosted in recent days. 

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