Sunday, January 29, 2023
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Dhammika Perera’s next solution for the dollar crisis – ‘The Golden Paradise Programme’

Dhammika Perera – a well-known businessman, has come up with another practical solution for Sri Lanka to overcome the current foreign exchange crisis.

This proposal has been formulated to provide foreigners residence permits in Sri Lanka and it has been named the ‘Golden Paradise Programme’.

Dhammika Perera has suggested in his program that if a foreigner who wishes to obtain residency through this program, he/she must first open a bank account in Sri Lanka and deposit US $ 100,000 in it. After one year, the person can withdraw up to US $ 50,000 from that amount. And from the second year onwards he/she must maintain a balance of at least US $ 50,000 in the account for the entire duration of their stay in the country.

If 50,000 foreigners can be brought to Sri Lanka through the ‘Golden Paradise Program’, it will be possible to bring $ 5 billion through deposits of $ 100,000 per person which is a huge amount. Bringing in 50,000 foreigners for residency is not a difficult goal either.

He also proposes to issue 10-year visas to foreigners over a monthly income of more than US $ 2,000 and over 60 years of age.

Many foreigners who have been residing in Sri Lanka for a long time can still be seen, and this programme can be regarded as one of the most effective approaches to resolving the foreign exchange crisis in Sri Lanka while facilitating the obtaining of residence permits for foreigners who are attracted to the country due to various factors such as the climate of the country.

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