Beautiful Southern Asian Country Popular with Backpackers
Location: Southern Asia
Currency: Sri Lankan rupee (1 USD = approx 182 Sri Lankan rupee)
Time Zone: GMT +5:30 (Your 6 pm BJT classes start at 3:30 pm in the Sri Lanka.)
Population: 21.5 Million
Internet Speed: In Colombo and other populous areas, the internet is quite good. Speed Test’s Global Rankings brings Sri Lanka in at #84, with speeds of 27 down and 14 up. For those who want to be mobile, many residents suggest purchasing a SIM card and using a mobile hot spot. The speed should be sufficient and the data is said to be affordable.
Visa: If you are American, you can enter Sri Lanka with Electronic Travel Authorization (ETA) for a period of 30 days. Sri Lanka does offer a retirement visa scheme called My Dream Home. This requires monthly income in the amount of $1,500 USD and a $15,000 bank deposit in Sri Lanka. Applicants must be over 55 years of age. Digital nomads can apply for a long-term business visa. The application form can be found here.
Healthcare: The World Bank recently lauded Sri Lanka’s progress as a less developed nation that has managed to provide its citizens with universal healthcare. However, the report also outlines many challenges that the Sri Lankan healthcare system faces. Expect better care in Colombo. With that in mind, private insurance is likely a good idea. Check out World Nomads for travel insurance.
Cost of Living: Since Colombo offers access to the most amenities, you can expect to pay a higher price for rents. The cost of living is still low, with Numbeo estimating the average rent on a one-bedroom in the city center to be approximately $350 USD per month. For those looking to explore for just a short time, you can find a room on Booking.com in Aragum Bay Beach for approximately $500 per month. The cost of eating out or going to the grocery store is incredibly cheap in Sri Lanka.
The information provided in this article is provided purely as a matter of convenience and does not constitute legal or professional advice. Always seek the advice of a qualified immigration attorney before making the decision to relocate.