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Sri Lanka restricts outward remittances for 6 months to preserve foreign exchange position


With a view to assist and maintain the financial system stability by minimizing the pressure on the exchange rate and preserving the foreign currency reserve position of Sri Lanka, the Finance Minister with the recommendation of the Monetary Board of the Central Bank and the approval of the Cabinet has issued an Order under Section 22 of the Foreign Exchange Act.
Accordingly, the following suspensions/restrictions on outward remittances will be effective for six (06) months commencing from 2 July 2021.
i. Suspend the repatriation of funds under the migration allowance out of funds received as monetary gifts by an emigrant from an immediate family member (i.e. parents, grandparents, siblings and spouse of the Emigrant). ....

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Congress Approves Law For New Immigration Framework - Immigration


Key Points
The new law creates a short-term work authorization process for
foreign nationals
In-country change of status will no longer be permitted
The temporary residence category will expand to 13
sub-categories
A Temporary Residence Visa will be required for foreign
nationals to live and work in Chile
The new law will allow dependents to work in Chile
Permanent residents will be able to stay outside the country
for two years instead of one
Foreign nationals will have 180 days to regularize their
status
The new regulations will be implemented over the course of a
year
Overview
Chile s Congress has approved a law that establishes a new ....

Chile Congress , Temporary Residence Visa , Temporary Residence , Special Work , சிலி காங்கிரஸ் , தற்காலிகமானது குடியிருப்பு விசா , தற்காலிகமானது குடியிருப்பு , சிறப்பு வேலை ,