The Cabinet of Cabinet has further facilitated the importation of electrical vehicles to the local vehicle licenses to obtain money to the country according to the prescribed methodology.
Accordingly, it has been decided to grant permission to import an electronic vehicle with two wheels with a 50% of the CIF value that remitted up to 30.04.2023 or the date on which an application for import of a vehicle is submitted.
Also, from 01.05.2022 to 2023.12.31, it is also approved to import an electronic vehicle with four wheels up to 50% of the CIF value of foreign exchange value to Sri Lanka.
To encourage Sri Lankan migrant workers in overseas, this license system of electricity vehicles was introduced.
Accordingly, the Ministry of Labor and Foreign Employment has issued the relevant circular instructions.
A maximum of two wheel electric vehicles, subject to a maximum of $ 25,000, and a full electronic vehicle with four wheels is subjected to a maximum of US $ 65,000 are facilitated to import to migrant workers who are eligible for this purpose.
Yesterday, the Council of Ministers approved the above measures proposed by the Minister of Labor and Foreign Employment with the aim of further encouraging the remittance of foreign exchange earned by migrant workers to Sri Lanka.