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Are you looking for a new investment opportunity? Look no further than Sri Lanka’s booming tourism industry! Our island paradise is one of the hottest tourist destinations in the world, having welcomed over 2.3 million visitors in 2018 alone. There are plenty of real estate properties to invest in for foreigners. And despite the pandemic, the tourism sector in Sri Lanka is bouncing back more vital than ever. Don’t miss your chance to be a part of this thriving industry!
One of the fastest-growing sectors within Sri Lanka’s tourism industry is health and wellness tourism, which is combined with surfing, yoga, and spa treatments. Investors are starting to take notice of this trend and capitalize on the potential for growth and investment gains in the business investment opportunities in this sector.
The end of the civil war 2009 marked a turning point for Sri Lanka’s tourism industry, becoming the key economic driver in post-war Sri Lanka. From 2008 to 2018, tourist arrivals grew at a Compound Annual Growth Rate (CAGR) of 18%, while foreign exchange earnings increased by 34.4%.
The sector’s ranking has steadily improved from the fifth-largest foreign exchange earner in 2010 to the third-largest by 2018. Despite not just one but two blows to the industry, we are bouncing back stronger in 2023.
For the 3rd consecutive month Sri Lanka recorded over 100,000 tourist arrivals in March 2023 reinvigorating the roots of age-old tourism industry in Sri Lanka.
The Sri Lankan government recognizes the importance of good infrastructure for economic and tourism growth and has focused resources on developing roads, railways, bridges, ports, and a third international airport in Jaffna. This has aided tourism growth and created investment opportunities.
We offer you a warm welcome to Sri Lanka and are prepared to provide any assistance in maximizing your return on investment. With the right location, an experienced architect, and a proven team of local agents, accountants, lawyers, and construction managers, investing in Sri Lanka’s tourism industry can provide a healthy return on investment within two years.
The rapid growth of Sri Lanka’s tourism industry before the anomalies of the last two years reflects the untapped potential of tourism in the country. With the sector poised for continued growth, now is the time to invest in Sri Lanka’s tourism industry and capitalize on the investment opportunities available.
If you’re looking for an amazing destination to visit in 2023, look no further than Sri Lanka! According to TravelTriangle, island pearl has been ranked as the number one place to visit this year. And it’s not hard to see why – with our stunning beaches, lush jungles filled with wildlife, picturesque tea plantations, and mist-covered mountains, Sri Lanka is a must-see destination for any traveler.
Sri Lanka’s rich cultural heritage, world-class beaches, and sunny weather all year round make it a highly attractive destination for tourists.
The small island nation packs a high degree of bio-diversity and geographical importance into just 65,610 square kilometers, making it easily accessible and conveniently located amidst urban and semi-urban infrastructural facilities.
With 8 UNESCO heritage sites, beautiful rainforests, tea plantations, wildlife parks, ancient ruins, temples, historical sites, and casinos, Sri Lanka offers visitors a wide range of experiences.
Reach out to us to get details on investement opportunities in Sri Lanka.