What are the disadvantages of OCI card

AdvantagesDisadvantagesLifelong multiple entries for visiting India.Not eligible for purchasing agricultural land.No requirement for registering with local police authorities after 180 days.Not eligible for a government job.

What are the limitations of OCI card?

Vote.
Become a member of a Legislative Assembly or Legislative Council or the Parliament.
Hold constitutional posts such as President, Vice President, Judge of Supreme Court, or High Court.
Hold employment in the Government.
Hold an Indian passport.

Which is better OCI or Visa?

If you require an OCI card for staying in India for under five years, opting for an India visa is an ideal choice. … Thus, it saves you both time and money unlike applying for an OCI card. Moreover, in the case of your stay exceeding the 5-year mark, you can always apply for a new visa.

Can OCI holder live permanently in India?

Overseas Citizenship of India (OCI) is a form of permanent residency available to people of Indian origin and their spouses which allows them to live and work in India indefinitely. Despite the name, OCI status is not citizenship and does not grant the right to vote in Indian elections or hold public office.

Can I own property in India with OCI?

As per the guidelines issued by Reserve Bank of India, an NRI or OCI card holder can invest in any residential or commercial property. The guidelines also state that one can buy any number of residential or commercial properties. … But, they can inherit the agricultural land/plantation property/ farmland.

Can OCI inherit property?

Inheritance: NRI/OCI can inherit any immovable property (including agricultural land, farm house, plantation property) from Person resident in India or from Person resident outside India.

What are advantages and disadvantages of OCI card?

Is OCI dual citizenship?

OCI Card – Overseas Citizenship of India (NOT a Dual Citizenship)

Can OCI holder get Aadhaar?

Yes, OCI card holders can get an Aadhaar card if they have resided in India for a period of 182 days or more in one year immediately preceding the date of application for enrolment.

Can OCI get government job?

OCI cardholders are neither permitted to vote, nor are they eligible to run for public office nor hold government jobs in India, among a few other things. A detailed list of prohibited activities is provided under section 7 of the Indian Citizenship Act, 1955 as amended from time to time.

Article first time published on

How long can you live in India with OCI?

(i) An OCI is entitled to life long visa with free travel to India whereas for a PIO card holder, it is only valid for 15 years.

What are the benefits of OCI card?

Multiple entry, multi-purpose lifelong visa to visit India;
Exemption from reporting to Police authorities for any length of stay in India; and.
Parity with NRIs in financial, economic and educational fields except in the acquisition of agricultural or plantation properties.

Who is eligible for OCI?

1950 or was a citizen of India on or at anytime after 26.01. 1950 or belonged to a territory that became part of India after 15.08. 1947 and his/her children and grand children, is eligible for registration as an Overseas Citizen of India (OCI). Minor children of such person are also eligible for OCI.

Do OCI holders need to pay tax in India?

Overseas Citizens of India (OCI), or Foreign Citizens and who are residents of India for more than 182 days have to pay tax and file income tax return in India. The income tax filing is usually based on his/her global income and is subject to the conditions of DTAA (Double Tax Avoidance Agreement).

Is India planning for dual citizenship?

No. The Indian constitution does not have a provision of dual or multiple citizenship. If an Indian acquires a second passport, they automatically lose their Indian citizenship.

Does OCI have voting rights?

The OCI is not entitled to vote, be a member of Legislative Assembly or Legislative Council or Parliament, cannot hold constitutional posts such as President, Vice President, Judge of Supreme Court or High Court etc. and he/she cannot normally hold employment in the Government.

What can OCI not do in India?

How much does OCI cost?

ServiceConsular FeeTotalNew OCI card (Adult/Minor)$275.00$295.00New OCI for PIO Card Holder (Adult)$275.00$45New OCI card (Adult/Minor)$275.00$295.00Re-issue in case of Lost /Damaged OCI card$100.00$120.00

Can an OCI get a PAN card?

Even if you are a foreign citizen who wants to apply for a PAN card in India, you will have to start by filling out the form. You can visit the TIN-NSDL website and fill out form 49AA. Individuals who have foreign nationalities, OCI holders and PIOs need to use this form to get a PAN Card.

How can I sell my property in India and bring money to USA?

Yes, you can bring the proceedings to the US. It is recommended that you get the payment of the property through proper banking channels. Documenting proof is required for transferring money on sale of property. The first step is to get a certificate from a Chartered Accountant (CA) in India.

Can foreigners buy land India?

A foreign national of non-Indian origin resident outside India cannot buy any immovable property in India. It is illegal for foreign nationals to own property in India unless they satisfy the residency requirement of 183 days in a financial year (a tourist visa lasts for 180 days).

Is OCI valid for lifetime?

The OCI card is a lifelong visa available for citizens of Indian origin. Once you get it, you will obtain all the rights any resident in India has. You can live and work in India. The OCI card is valid for 10 years after issued and it allows Multiple Entry to the country.

Can we take back Indian citizenship?

If you give up Indian citizenship you can apply instead for an OCI card which you can hold alongside your foreign nationality. … If you want to reclaim your Indian citizenship after renouncing it, you can do so by fulfilling a residency requirement and applying.

Can a Nepali make Indian passport?

Citizenship of India by naturalization can be acquired by a foreigner (not being an illegal migrant) who is ordinarily resident in India for twelve years (throughout the period of twelve months immediately preceding the date of application and for eleven years in the aggregate in the fourteen years preceding the twelve …

Can we travel to India without OCI?

No. As per the latest guidelines, all OCI card holders (with valid reason) holding US Passport are permitted to enter India.

What is difference between NRI and OCI?

An NRI can invest in various financial investment opportunities available in India. An NRI can invest in residential/commercial properties but is not allowed to invest in agricultural or plantation property or a farmhouse. An OCI can invest in various financial investment opportunities available in India.

Can OCI holder get pension from Indian government?

Overseas Citizens of India will now be eligible to apply for the National Pension System at par with Non-Resident Indians, the government said on Wednesday. The Pension Fund Regulatory and Development Authority has now permitted OCIs to enroll in NPS at par with NRIs vide circular dated Oct.

Can OCI invest in PPF?

NRIs are not allowed to invest in PPF. However, if NRIs opened a PPF account before they became an NRI, they can continue it until maturity.

Which countries allow dual citizenship with India?

CountryDual CitizenshipHong KongYesHungaryYesIcelandYesIndiaNo

Can OCI children study in India?

NEW DELHI: The Supreme Court on Thursday asked the National Testing Agency to declare the NEET-UG results of children of resident-Overseas Citizens of India (OCIs) and ordered the authorities to consider them for admission to MBBS courses in government medical colleges.

Can OCI get married in India?

Since 2018, foreign-origin spouses of Indian nationals have been eligible for obtaining the privileged OCI card which grants multiple entries, multi-purpose, and life-long visa for visiting India. … In India, such a marriage is governed by the provisions of the Special Marriage Act.