Acquisition of Dual Citizenship ( FCFD )
Foreign Currency Fixed Deposit account for Dual Citizenship applicants (FCFD)
What are the benefits of FCFD account?
Ex Sri Lankans / holding foreign citizenship could apply for dual citizenship by opening a FCFD account. Under this scheme a family unit or an individual is exempted from fee charged on granting dual citizenship.
What are the other accounts that I could open to avail the above?
NRFC, RFC, SFIDA and those who have invested / are willing to invest in government Treasure Bonds.
What is the deposit requirement?
Minimum Deposit Requirement |
Retention Period |
Fees to be charged |
USD 25,000/- or equivalent in any other designated foreign currency
|
3 years |
LKR 200,000 |
USD 25,000/- or equivalent in any other designated foreign currency
|
5 years |
Exempted |
USD 50,000/- or equivalent in any other Designated foreign currency
|
3 years |
Exempted |
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|
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