SRI LANKA
Sri Lanka is an island country in South Asia, located south east to India officially known as Democratic Socialist Republic of Sri Lanka. The country is a hub of cultures and ethnicities that is home for mainly Sinhalese Ethnicity, minority of Tamils from India and various other groups. Being a multi-cultural country, Sri Lanka ranges as one of the most literate developing countries. The rich history, traditions and values of Sri Lanka are enrooted in its people and with a global platform, both natives and foreign countries get to explore the hidden treasures of country and the rest of the world respectively. Famous for its plantation economy, the country is highly engaged in migrating all over the world to ascertain their education and find the best out for its people.
WHY MIGRATE FROM SRI LANKA
01. REMITTANCE-DEPENDENT ECONOMY
Remittance plays a vital role in developing the economy of a country. The role played by remittance gained by Sri Lanka in balancing the payments and economy is of such high magnitude that Modern Sri Lanka is referred to as ‘remittance dependent economy’. From many of the country’s exports and inflow of capital, remittance stand far more important in developing the economy of the country. In the data analysis of last 10 years, remittances were more than official development assistance (ODA), foreign direct investment (FDI) or aid and even all three taken together.
02. IMPACT ON EDUCATION & HEALTH
Both education and health go hand in hand with the employment that an individual surround with. A better lifestyle comes with a better future of the family, the outcome of migrating in order to bring the best out of an opportunity results in a fair outcome of education and health facilities for the family. Through remittance, an individual can help his children to seek education outside the country and as well as for professional career. With variety of courses available around the world universities will let the migrant’s family stay close and intact. On the other hand, a person who is well equipped with the knowledge of global developments can serve its country better in professional terms, if one chooses to pursue a career in his country.
03. EMPLOYMENT OPPORTUNITIES
Globalization leads to multi-opportunistic web of success, promoting migration of skilled workers through vocational and tertiary education leads to the objective of fulfilling global job demands. The world is full of employment opportunities, and one must seek benefits that can not only help an individual develop but also takes along their family and country to a new level. As, it is evident form the number of people already living as migrants that migration leads to low unemployment rate and improves wages at both lower and higher levels. Foreign migration has always served as a source of employment to the labour force of a country and as a result a fascinating number of work force is earning outside the country.
04. IMMIGRATION HELPS
While Sri Lanka is a developing country with the second highest GDP in terms of purchasing power parity in the South Asian Region Countries, migration provides benefits to both the country they migrate to and their home land. Migration ensures a fair treatment of people and full access to their rights and thus maximising their contribution to society on a global level. Talking about facts, there are about 2 million Sri Lankans living abroad, which is approximately 10 percent of the population. Almost all of these, probably as much as 30% have tertiary education. While calculating the total remittance that Sri Lanka will likely be receiving, on the basis of current population of migrants, will round over around 3.5 billion US dollars.