The Cabinet has approved to provide identified relief with the objective of encouraging migrant Sri Lankan employees engaged in overseas employment to send remittances through legal means.
Accordingly, the Ministry of Labour and Foreign Employments has issued the relevant circular in this regard and the eligible migrant employees are facilitated to import a two-wheel electric vehicle subject to a maximum of USD 25,000 and a four-wheel fully electric vehicle subject to a maximum of USD 65,000.
The approval is also granted to import a two-wheel electric vehicle with a CIF value up to 50% from the foreign exchange value remitted up to either 30.04.2023 or up to the date an application is submitted for the import of a vehicle.
A four–wheel electric vehicle with the CIF value up to 50% from the foreign exchange value remitted from 01.05.2022 to 31.12.2023 is also allowed to be imported.
