Abstract:
Numerous studies have highlighted the link between Foreign Direct
Investment (FDI) and economic growth, identifying FDI as crucial for
national economic development. With the increasing number of Sri Lankan
migrants with capacity to invest, a strategy to attract investments from non resident Sri Lankans very important factor. This study aims to identify the
factors influencing these expatriate entrepreneurs' investment decisions,
addressing a gap in existing literature. The study adopts an inductive
approach and conducts a qualitative study, utilizing thematic analysis
through version of NVivo 14. Data was gathered through eleven in-depth
interviews with non-resident Sri Lankan entrepreneurs, using the snowball
sampling technique. Results revealed four crucial themes influencing the
investment decisions of nonresident Sri Lankan entrepreneurs as decisions
made by the government, the attitudes prevalent among Sri Lankans, the
educational standards within population, and the emotional connections
individuals maintain with Sri Lanka. This study contributes as a pioneering
empirical investigation within the context of Sri Lanka, providing unique
findings to the existing literature
