What do I need to know when buying property in Sri Lanka?
When we asked expats what advice they would give a foreigner before buying a property in Sri Lanka, they said...
"1. It is important to research the local market and understand the current trends in the area you are looking to buy in. 2. Make sure to get a lawyer to review any contracts or agreements before signing. 3. Be aware of any taxes or fees associated with the purchase of the property. 4. Consider the location of the property and the potential for future development. 5. Make sure to check the title deed of the property to ensure it is free from any encumbrances. 6. Be aware of any restrictions or regulations that may affect the use of the property. 7. Consider the cost of living in the area and the availability of amenities. 8. Make sure to inspect the property thoroughly before making a purchase," remarked another expat who made the move to Sri Lanka.
Other Questions:
- What should I pack when moving to Sri Lanka?
- Where should I setup a bank account in Sri Lanka?
- Will I be able to find a job in Sri Lanka?
- What is life like in Sri Lanka?
- What do expats in Sri Lanka appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Sri Lanka?
- Is there a lot of diversity? Are people in Sri Lanka accepting of differences?
- What are the schools in Sri Lanka like?
- What are healthcare services like in Sri Lanka?
- What are medical services in Sri Lanka like?
- Are healthcare and health insurance expensive in Sri Lanka?
- What are emergency services like in Sri Lanka?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Sri Lanka?
- How are local medical facilities in Sri Lanka?
- As a foreigner living in Sri Lanka, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property in Sri Lanka?
If you live in Sri Lanka, newcomers to Sri Lanka would love to hear your answer to this question:
