Sri Lanka is an island nation located in South Asia to the southwest of India. Possessing a long coastline and a rich culture, it has quickly become a popular vacation destination in Asia with tourist arrivals doubling since the end of the civil war in 2009. The country attracts many multinational companies and FDI increased to USD 1.685 billion in 2014.

Many real estate investors are attracted to Sri Lanka. The premium residential sector is experiencing rapid price appreciation. Frequently buyers are Sri Lankan expatriates looking to benefit from the country's growth at a time when foreigners are legally restricted from participating.