Outward Investment Account(OIA) is a special account for resident investors in Sri Lanka to channel funds abroad for eligible overseas investments such as investment in Shares and debt securities of companies incorporated outside Sri Lanka, Units in regulated unit trusts, Sovereign Bonds issued by foreign governments and to set up overseas office.
Eligibility
Investment Limits
Eligible Resident Investor | Type of Investments | Permitted Limits |
---|---|---|
A company listed in the Colombo Stock Exchange | Shares Units, Debt securities and Sovereign Bonds. | USD 2,000,000 or an equivalent amount in any designated foreign currency, per calendar year. |
A company not listed in the Colombo Stock Exchange | USD 500,000 or an equivalent amount in any designated foreign currency, per calendar year. | |
A partnership registered in Sri Lanka | USD 300,000 or an equivalent amount in any designated foreign currency, for life time. | |
An individual | USD 200,000 or an equivalent amount in any designated foreign currency, for life time. | |
A company or a partnership | Setting up of overseas office | USD 300,000 or an equivalent amount in any designated foreign currency, per calendar year. |
Permitted Credits
Permitted Debits