The BOI had already completed the online system up to the point where investors/enterprises could submit the visa application online and obtain the approved application from the BOI. For this, the investors were required to make three physical visits to the BOI head office. However, with the integration with the Department of Immigration, there is no need for the investors to visit the BOI at all.
Under the newly launched system, visa recommendations will be granted under three visa categories namely, entry visas, residence visas, and when extending visas. In addition, the applicants, who will be eligible to apply for this, are the investor, employees, and dependents of the investor, and selected employees.
One of the major benefits enjoyed by investors/enterprises out of the novel system, is the elimination of investors’ physical presence at the BOI saving their time. Investors can also monitor the online portal and review the status of the process.
Upon the completion of the process, the applicants will be notified via an SMS and email alert. Then, the applicants can take the passport and relevant documents to the Immigration Department where they will be issued the visa. Furthermore, this system will also safeguard against misuse in submission of information, down to the strict assessment.
Speaking at the occasion, BOI Director General Renuka M Weerakone, stated “the implementation of the online visa recommendation system is yet another milestone in the journey of digitizing the entire investor experience to ensure seamless delivery of services to investors,”
“Here, let me make a special mention about the officials of the Department of Immigration, the Ministry of Defence and our IT team for their competence and corporation in making the entire process a success,” she underscored.
“The BOI hopes this system will curb inconveniences faced by the investors/enterprises and will further strengthen the digital transformation of work with the respective line agencies and ministries. In addition, we are happy to hear the feedback on the process and make necessary adjustments if there are any shortcomings,” Ms. Weerakone added.
