Frequently asked questions

Kenglobe Lanka Construction & Investment (Pvt) Ltd is a Colombo-headquartered investment, infrastructure and construction group founded by an Israeli entrepreneur in the early 2000s. It advises local and international investors, with a particular focus on Israeli investors, through every stage of investing in Sri Lanka.

Investment advisory, market research and feasibility studies, strategic partnership development, project facilitation and government liaison, incentive and regulatory (BOI) guidance, and aftercare and expansion support.

Tourism and real estate (hotels, resorts and luxury residential), manufacturing and industry, green energy (solar, wind, biogas) and technology and innovation are the main sectors we work in.

The Board of Investment of Sri Lanka (BOI) is the apex investment-promotion agency and a single-window facilitator: it attracts, approves and supports foreign and local investment, from site selection and statutory approvals to aftercare. As published by the BOI, more than 1,600 companies operate under it, accounting for 64% of national exports and 485,000 direct cumulative jobs. A project may be eligible for BOI incentives, subject to BOI approval terms and conditions. See our Investment Guide for published incentives and process, or ask Kenglobe Lanka to guide you through BOI approval.

Official guidance distinguishes Section 17 of the BOI Law (new or expanding BOI companies entering an incentive agreement) from Section 16 (foreign shareholding in a company that is not eligible for Section 17, or a share issue or transfer in a non-BOI company). Company names are checked under the Companies Act No. 7 of 2007, and BOI-approved projects must obtain prior approval of draft Articles of Association before incorporation. Kenglobe Lanka guides you through BOI approval; we do not publish government application portals on this site.

In the Investment Incentives summary dated 9 September 2026, the standard corporate income tax rate is 30%, with a 45% rate (since 1 April 2025) for betting, gaming, liquor and tobacco, and a 15% rate for the export of services including ICT and for certain foreign-source income in foreign currency. Export-oriented projects may receive customs-duty exemptions on capital goods and raw materials, and Strategic Development Projects (from above USD 50 million, under a February 2026 regulation) may receive corporate-tax holidays of 5–10 years. Confirm current rules before relying on any figure.

It depends on the asset and structure. Condominium apartments and BOI-approved projects are generally described as open to foreign investors, while freehold land is restricted. Port City Colombo is described as permitting 100% foreign ownership of real estate; confirm the current rules with local legal counsel. We help verify the correct structure for each opportunity.

Yes. Leave your details or message us on WhatsApp and a specialist will come back to you with an initial consultation at no cost.

Israel mobile +972-544-268-750, Sri Lanka mobile +94-777-425-091, email sh@kenigs.com, or WhatsApp on +972-544-268-750.

In the heart of Colombo, Sri Lanka’s commercial capital, in one of the city’s most desirable residential zones. The exact address is shared with qualified investors.

The project materials state that all statutory approvals have been obtained and that the land is fully privately owned. The project is described as eligible for BOI incentives, subject to BOI approval terms and conditions. Investors should confirm the current approval status and any incentive terms in due diligence and in the investor pack.

The 55-perch land, the building, the operating business, all furniture and equipment, and future bookings. The price is negotiable.

Twelve guest rooms with modern bathrooms; two of them also have a private jacuzzi pool.

Directly on Kalametiya Beach on Sri Lanka’s south coast, minutes from Tangalle and close to Hambantota Port and Mattala International Airport.

Eight luxury villas designed by an internationally renowned architect on 2.5 acres of freehold land with open views of the ocean, lagoons and tropical landscape.

Six acres in the Island Living district of Port City Colombo, with a minimum investment of USD 229M.

Yes. Port City Colombo allows foreign investors 100% ownership of real estate, and JV or PPP structures are also available.

Option 1: 25% of the land value within 30 days of the letter of intent (LOI) and the 75% balance within a further three months. Option 2: 25% within 30 days and the balance in equal annual instalments over a period chosen by the investor.

Local and international investors. Bids are assessed on financial strength, real estate development experience and compliance with the threshold requirements.