"Have a minimum monthly income of $2,000 USD. For applicants with more than two dependents, that amount increases by $500 for each additional one. Applicants must provide proof of the minimum monthly income. Have health insurance and suitable accommodations for the duration of their stay. Refrain from any political or disruptive activities. Provide proof of a clean criminal record from their home country."
"Once the applicant has all their paperwork in order, they must submit the required documentation to the Department of Immigration and EmigrationResidence Visa Division online. If approved, the visa endorsement will be issued on the applicant's passport. It is renewable annually, but after the first year, applicants must submit proof of Sri Lankan tax registration. Holders of the digital nomad visa will be permitted to open personal bank accounts in Sri Lanka, enroll their dependent children in international or private schools"
Sri Lanka launched a digital nomad visa in February to attract foreign professionals who wish to live and work remotely while serving clients or companies based outside the country. Eligible applicants must be employed by a foreign company, be freelancers, or own a business not registered in Sri Lanka, and must demonstrate a minimum monthly income of $2,000, rising by $500 for each dependent beyond two. Applicants must provide proof of income, a clean criminal record, health insurance, and suitable accommodations, and must refrain from political or disruptive activities. The application fee is $500 per person and the visa endorsement is issued on the passport. The visa is renewable annually; after the first year applicants must show Sri Lankan tax registration. Visa holders may open Sri Lankan personal bank accounts, enroll dependent children in international or private schools, and participate in co-working spaces and tourism-related events.
Read at www.cnbc.com
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