In often times it can be said that tourism is a driver of revenue for a country. The fundamental originators of revenue from tourism in Sri Lanka are ecotourism, cultural tourism as well as active tourism. More precisely, tourism is beneficial to an economy in more ways than one.
Pro-tourism lobbyists promote cross-cultural understanding through a means of social interaction. Tourism creates a scenario in which locals and tourists can dispel stereotypes held of one another. It can also enhance the quality of human relationships. Essentially, tourism also promotes social stability through positive economic outcomes.
In order to continue the drive in tourism we need more advocates to preserve heritage with more attractions to direct foreigners to local cultural destinations. Although less prominent, ecotourism and active tourism need also be considered more noticeable.
Presently, many incentives are in place to attract tourists and foreign investors to our country.
Foreign nationals can now open securities and investment accounts for holding allowable real-estate investments in Sri Lanka. The main advantage of this type of account is permissibility to repatriate funds when needed to do so.
The Department of Immigration and Emigration in Sri Lanka has set up schemes for foreign nationals to apply for permanent residency. Special mechanisms for business ownership are also available.
Incentives seem to be in place, yet the awareness of these mechanisms and special investment vehicles is unfortunately quite low.
