Sri Lanka•AsiaMy Dream Home Visa (Retirement Visa)
At a Glance
Processing Time
28-42 days
Application Fee
150 USD
Stay Duration
2 years
Renewable
Yes
Job Offer
Not Required
Dependents
Allowed
PR Pathway
No
This visa does not offer a direct route to permanent residency.Remote Work
Not Required
Overview
Residence visa for retirees aged 55 and above. Requires monthly remittance of USD 1,500 and fixed deposit of USD 15,000.
The My Dream Home Visa is designed for retirees aged 55 and above who wish to retire in Sri Lanka. Applicants must demonstrate financial self-sufficiency through regular monthly remittances and maintain a fixed deposit account. Spouses and unmarried children under 18 can be included. Employment is strictly prohibited under this visa.
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Requirements
Financial
Minimum Income
18,000 USD
per year
Minimum Savings
15,000 USD
Investment Required
15,000 USD
Documentation
Applicant Documents
Valid passport
At least 6 months validity
Passport photos
Recent
Proof of age
Birth certificate or ID showing age 55+
Bank statement
Showing USD 1,500/month income
Fixed deposit receipt
USD 15,000 fixed deposit proof
Health insurance policy
Valid in Sri Lanka
Police clearance
Character certificate
OptionalMedical certificate
Health fitness if required
OptionalTrack your documents or upload them for AI-powered review
Advantages
- Designed specifically for retirees
- Can include spouse and children under 18
- Renewable indefinitely if requirements met
- Can withdraw fixed deposit early with approval
- No employment restrictions on family members
Considerations
- Age restricted to 55+
- No work permitted for visa holder
- Requires ongoing USD 1,500/month remittance
- Must maintain health insurance
- 2-year visa periods only
- Fixed deposit requirements
Application Process
Verify age eligibility
Must be 55 years or older
Open savings/current account
At approved Sri Lankan bank
Set up monthly remittance
USD 1,500/month (principal), USD 750/month per dependent
Make fixed deposit
USD 15,000 in fixed deposit account
Obtain health insurance
Valid in Sri Lanka
Prepare application
Gather all documents
Submit application
To Department of Immigration
Processing
4-6 weeks
Receive visa
2-year My Dream Home Visa
Application Forms
My Dream Home Visa Application
Ready to Apply?
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