Idea 380 of 500. Cluster 18: Sri Lankans abroad, both directions
Retirement-at-home services for Sri Lankans abroad who want to come back at sixty and do not know how
The mechanism, from the book
1.5 million people abroad who know how rich countries work, and who send home money and little else.
Every idea in cluster 18 uses this mechanism.
A first step
Talk to 10 Sri Lankans abroad in their fifties at one association event and ask what stops them retiring home: health care, housing, pensions, tax or loneliness. Price a first consultation that answers those questions for their district, with viewings of suitable housing arranged. One booked consultation from a couple planning to return proves demand.
- Who pays first
- A Sri Lankan couple abroad nearing sixty who want to come home and do not know how their pension, health care and housing would work.
- What leaves today
- Retirees now spend their pensions abroad; a return service brings that income, and the experience that comes with it, back to the island.
The idea and the mechanism are from the book. The first step was written for this site as a suggestion; if you know a better one, say so.
The test
Does it keep value that now leaves the island, or build the proof that lets somebody else do so?
The only test any idea on this site has to pass. The four rules that go with it are here.
In the book
- Ch. EightWhat It Costs to Go First
What bonds sold to Sri Lankans abroad have and have not done - Ch. SixteenThe Bridge
The institutions that could carry value back
More from cluster 18
- 361A directory of Sri Lankans abroad: who does what, where, and what they will help with, verified
- 362Return-relocation services: the school, the house, the car, the tax, in one package
- 363Sri Lanka House in London, Melbourne and Toronto: a shop, a café and a desk, the Colombo model abroad
- 364Money-transfer products that buy a specific thing at home, a course, a machine, a roof, rather than cash
- 365Investment clubs of Sri Lankans abroad that own one business each at home, with a manager on the ground
- 366Import agencies in each city with a Sri Lankan community, stocking Sri Lankan brands and nothing else
Idea 380 of the 500 in the appendix of Why Not Sri Lanka? Every one can be started by one person, one family or one small firm.