Sri Lanka is truly a great place to live and a great place to work. A country of many facets, it offers a spectrum of experiences, people and places that awaits to be discovered. For those who choose to make Colombo their home, a cosmopolitan living environment awaits. Social life is never a miss in this city, with abundant nightlife, world-class shopping, theatre, cafes, art and host of star class hotels that dot the island.

The expatriates and their families will enjoy a quality living environment in Sri Lanka with comfortable housing, good healthcare and medical facilities, excellent educational institutions with international standards, and world-class recreational sites
There is a wide selection of comfortable housing in Sri Lanka including luxury condominium apartments ideal for expatriates. Internationally recognized institutions of Healthcare market have chosen Sri Lanka as a destination for health tourism. A dozen private and public hospitals operate in Colombo with.

Sri Lanka's business environment is much improved with the end of the 30 year conflict. Any investor will see that the country is now enjoying peace and that the rule of law has been extended to all parts of the island.
The government has planned to transform Sri Lanka into a strategically important economic centre by developing five strategic hubs; a knowledge hub, a commercial hub, a naval & maritime hub, an aviation hub, and an energy hub, taking the advantage of Sri Lanka’s strategic location & resources.

In 2010, Sri Lanka possessed the most literate population in South Asia and one of the highest in the developing world with a literacy rate of 91.4% (90% and 93% respectively for females and males).

Extensive investment in public education has produced a workforce that is not only competent but intelligent, trainable and comfortable with high tech production and services.

Approximately 50% of the students who have completed higher education are trained in technical and business disciplines. English is widely spoken and is the main language used by the business community.

Well educated and energetic, skilled and semi-skilled human resources are readily available at competitive wage rates.

Sri Lanka leads the South Asian region in human development indices with its high literacy rate and national health indicators. The country boasts a life expectancy of 70.3 years for males and 77.9 years for females and an infant mortality rate of 8.5 per 1,000 live births, which ranked it 92 of 186 countries.

Sri Lanka is a firm proponent of international laws and UN’s rights of labor, children and women. The country has an edge over its regional competitors because of its stringent adherence to child labor laws and endorsement of gender equality.

In 1978, the Island adapted open market free economic policies, and successive governments have further liberalized the economy, leading to deregulation, greater privatization and opening the economy to international competition. Transparent investment laws aim to foster foreign direct investments. Sri Lankan commercial laws are based on British laws and country has a highly independent judicial system.

Sri Lanka has dynamic and resilient private sector, which if necessary can be joint venture partners for foreign investors. However, foreign investors are allowed to own 100% ownership of a investment. Concessions granted under an agreement with the Board of Investment - for qualifying investment projects - remain valid over the lifetime of the enterprise.

Sri Lanka is situated at the crossroads of major shipping routes connecting South Asia, Far East and the Pacific with Europe and the Americas. Sri Lanka is strategically located next to the fast growing Indian sub-continent with close proximity to Southeast Asia and the Middle East. The country has strong air connectivity with over 100 weekly flights to India alone.

Sri Lanka is connected to the SEA-ME-WE III and IV (South East Asia - Middle East - Western Europe) fibre optic communication backbone with over 11 communication satellites orbiting above the south of the country.

Sri Lanka is the only country to have Free Trade Agreements with both India and Pakistan, giving duty free access to over 1.3 billion consumers from the island.

Sri Lanka is ranked as the most liberalized economy in south Asia. In 1978, the Island adapted open market free economic policies, and successive governments have further liberalized the economy, leading to deregulation, greater privatization and opening the economy to international competition. Transparent investment laws aim to foster foreign direct investments. Sri Lankan commercial laws are based on British laws and country has a highly independent judicial system.

Sri Lanka has dynamic and resilient private sector, which if necessary can be joint venture partners for foreign investors. However, foreign investors are allowed to own 100% ownership of a investment. Concessions granted under an agreement with the Board of Investment - for qualifying investment projects - remain valid over the lifetime of the enterprise.

Index of Economic Freedom measures the pro-business policy environment of a country. According to the Index of Economic Freedom - 2013, the country has been ranked 81 of 185 countries

Sri Lanka is the only country to have Free Trade Agreements with both India and Pakistan, giving duty free access to over 1.3 billion consumers from the island.

The Indo-Sri Lanka Free Trade Agreement (ISLFTA), which came into effect in year 2000, provides strategic access from Sri Lanka for over 4,200 products (at zero duty) to India, which is the world’s second most populous market. The Pakistan - Sri Lanka Free Trade Agreement (PSLFTA), which came into effect in year 2005, provides strategic access from Sri Lanka for nearly 4,500 products (duty free from 2008) to the Pakistan market.

Since the agreement was signed bi-lateral trade between Sri Lanka and India have grown more than 5 times and bi-lateral trade between Sri Lanka and Pakistan have grown 3 times.

The HScode transformation needs to be at the 4 digit level for the ISLFTA and 6 digit level PSLFTA.