Sri Lanka, known as the ‘teardrop of India’ is a country that presents property investors be it local or international, with as many opportunities as it does challenges making the real estate sector on this Asian island, one of the world’s more exciting prospects.

This beautiful island being exceptionally a popular tourist destination and its growing popularity with the Western second home seekers and retirees (looking for an alternative and affordable winter sun destination) were the two main factors that made itself a potential property investment marketplace with foreign buyers. The land and property for sale or development in Sri Lanka are in abundance, but, the reintroduction of the 100% property tax by the Government against purchase of property has been a hurdle for foreign investors to access a potentially strong market place in Sri Lanka.

As such, the Government’s inability to commit to attract foreign direct investors made the Sri Lanka property market immature. The International investors looking to profit from property market in Sri Lanka are restricted by the government currently and they have to consider doing so for at least the medium term, thus making the property buying process here particularly unpleasant for them. Another setback for the Sri Lanka property investors was the fact that Tamil Tigers has been increasing their violent efforts since December 2005 to secure a separate homeland in the nation. The suicide attacks imposed by the Tamil Tigers to popular tourist destinations such as Galle resulted in many foreign holiday makers canceling their trips. Most property investors were withdrawing from projects and governments such as the Australian and US were advising their citizens to stay away from Sri Lanka for the time being.

Many Investors who were determined to access the real estate market in Sri Lanka were prepared to use various legitimate taxation avoidance vehicles and schemes from trust or company ownership of property to leasing arrangements, but the increasing violence has made the vast majority of them to look elsewhere for opportunities.

This has been actually a sad state of affairs as it means that this stunningly beautiful nation and the vast majority of its people who are peace loving are not benefiting from foreign direct investors who are keen to commit themselves to the Sri Lanka economy.
This situation has not only affected Sri Lanka property market but also the tourism market, ie. the hoteliers and other relevant business people who are in the tourism trade have been suffering drastically on this issue.However, the international investors who are committed to buying property in Sri Lanka for investment purposes can achieve their goals but they should be prepared for hurdles and hiccups if they ought to proceed.

The Waterfalls of Sri Lanka are breathtaking and a spectacular sight to watch. These waterfalls are rich in beauty, considering it's gigantic curtain of water that begins at the very point of descent at the (mountain which the fall originates) streaming graciously in a downward motion while hitting smaller rock's in it's path there by causing a splash resulting in the birth of a pond created by the accumulated water particles of the splash and finally resulting in the distribution of water to a nearby river by means of a downward motion of water streams. Waterfalls have been a magnificent gift of nature, which has attached human beings since the beginning of time.Sri Lanka has the largest number of waterfalls of any given country. Waterfalls are most commonly found in the hill country in this part of the world.