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CBSL cautions over advertisements promoting overseas property investments
Sunday Island
|June 22, 2025
The Central Bank of Sri Lanka (CBSL) on Friday said that it had recently observed advertisements published in the print and social media that promote overseas investments in immoveable properties (overseas property investments) among Sri Lankan resident individuals.
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Such advertisements also offer guidance on obtaining foreign financing for such investments.
CBSL wishes to draw the attention of the public to the following, in terms of Regulations and Orders issued under the Foreign Exchange Act, No. 12 of 2017 (FEA):
This story is from the June 22, 2025 edition of Sunday Island.
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