Democratic Socialist Republic of Sri Lanka · residence general
My Dream Home Visa Programme (retirement / long-stay residence)
By Sam Parks · Last reviewed:
For you if you are an older applicant who wants to retire or live long term in Sri Lanka: the My Dream Home programme grants a renewable residence visa to people who can support themselves from abroad.
- Processing time
- Indicative only. Applications are accepted and processed at the Department of Immigration and Emigration in Colombo; confirm current timing on the official page.
- Government fees
- Indicative only. Visa fees apply in addition to the required deposit and remittance; refer to the official Department of Immigration and Emigration page for current amounts.
- Typical duration
- Issued in two-year blocks and renewable while you continue to meet the conditions.
- Sponsorship required
- No
- Leads to permanent residency
- No
Overview
My Dream Home is Sri Lanka's long-stay residence programme aimed at older applicants who want to retire or live in the country, run by the Department of Immigration and Emigration. It is open to citizens of recognised countries who meet the age and financial conditions, and you can normally bring a spouse and unmarried dependent children under 18. It rests on you supporting yourself from your own funds rather than working in Sri Lanka, typically through a fixed deposit in an approved local bank plus a regular monthly remittance from abroad. The residence visa is issued in two-year blocks and is renewable. Good to know: this is a renewable temporary residence, not permanent residence - Sri Lanka has no permanent-residence or citizenship-by-residence pathway - and the financial figures here are indicative, so defer to the official page.
Eligibility
Typical criteria
- ✓You are a citizen of a country recognised by Sri Lanka and meet the minimum age set for the programme.Department of Immigration and Emigration (Sri Lanka) ↗
- ✓You maintain the required fixed deposit in an approved bank in Sri Lanka.Department of Immigration and Emigration (Sri Lanka) ↗
- ✓You make the required monthly remittance from abroad to support yourself (and any dependents).Department of Immigration and Emigration (Sri Lanka) ↗
- ✓You hold valid medical insurance applicable in Sri Lanka and avoid political or sensitive activities.Department of Immigration and Emigration (Sri Lanka) ↗
Common blockers
- !Falling below the age or financial thresholds for the programme.Department of Immigration and Emigration (Sri Lanka) ↗
- !Intending to work or earn locally, which this self-supported route does not allow.Department of Immigration and Emigration (Sri Lanka) ↗
- !Failing to maintain the deposit, remittance or insurance conditions.Department of Immigration and Emigration (Sri Lanka) ↗
Typical evidence
- ·Valid passport and completed application from the Visa Division.Department of Immigration and Emigration (Sri Lanka) ↗
- ·Proof of the fixed deposit in an approved Sri Lankan bank.Department of Immigration and Emigration (Sri Lanka) ↗
- ·Evidence of the required monthly remittance from abroad.Department of Immigration and Emigration (Sri Lanka) ↗
- ·A valid medical insurance policy applicable in Sri Lanka.Department of Immigration and Emigration (Sri Lanka) ↗
Application pathway
Check the route fit
Confirm you meet the age and financial conditions of the programme.
Build the evidence pack
Open the required fixed deposit and arrange the monthly remittance through an approved bank.
Submit through the official channel
Submit your application to the Department of Immigration and Emigration in Colombo with proof of funds and insurance.
After approval
Maintain the conditions and renew the residence visa in two-year blocks.
Official application links
Where to actually go next
These are the official pages to use for this route. Open them before preparing documents: the forms, fees, appointment systems, and sponsor steps can change without warning.
- Official guidanceApplicantUse official My Dream Home Visa Programme (retirement / long-stay residence) route page ↗
Use this official page to confirm requirements and follow the government filing route for My Dream Home Visa Programme (retirement / long-stay residence).
Department of Immigration and Emigration (Sri Lanka) · verified
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Frequently asked questions
Does the My Dream Home visa lead to permanent residence or citizenship?+
No. It is a renewable long-stay residence visa issued in two-year blocks, and Sri Lanka does not offer a permanent-residence or citizenship-by-residence pathway. You can keep renewing while you meet the conditions, but the status remains temporary. Plan around renewal rather than eventual settlement.
Can I work in Sri Lanka on the My Dream Home visa?+
No. The programme is designed for people who support themselves from their own funds abroad, through a fixed deposit in an approved Sri Lankan bank and a regular monthly remittance. It is not a work visa, so if you intend to take up employment you would need the separate employment-category residence visa. Check the current financial conditions on the official page, as the figures are indicative.
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