NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / India News / Invest Rs.10 crore, get Indian residency
    Next Article
    Invest Rs.10 crore, get Indian residency

    Invest Rs.10 crore, get Indian residency

    By Vijaya
    Sep 02, 2016
    09:04 am

    What's the story

    In a policy aimed at wooing foreign investors, the Indian government announced that foreign investors bringing in a minimum of Rs.10 crore capital will be be eligible for permanent residence status.

    To avail this scheme, the investment needs to be at least Rs.10 crore over 18 months or Rs.25 crore over 3 years.

    The permanent residency status will be granted for a 10-year period.

    Business visa

    Business visa current provisions

    Business Visa is given to individuals visiting India for business purposes like making sales, or establishing contacts, on behalf of companies outside India.

    Under the current provisions, business visas are granted to investors for up to 5 years or less. (US citizens can get up to 10 years)

    Further, the period of stay for each visit is stipulated to 6 months.

    Information

    Employment generation through the scheme

    The foreign investment under the said scheme should also be able to generate employment opportunities for at least 20 resident Indian citizens each financial year.

    02 Sep 2016

    Benefits and caveats of the scheme

    The permanent residency status obtained through the investment route will serve as a 'multiple entry' visa for 10 years without any stay stipulation.

    During this period, the foreign investors will be allowed to purchase one residential property and their spouse/dependents can work or study in India.

    The scheme though is not available for the Chinese and Pakistani citizens.

    other countries

    Other countries offering immigrant investor visas

    India now joins countries like the US, UK, Canada, Australia, New Zealand, Singapore, Hong Kong, etc, which already have programs in place to grant renewable/permanent residence status in return for investment.

    In the US for instance it is called the 'EB-5 Immigrant Investor Program'.

    Entrepreneurs making a minimum of $500,000 investment and creating 10 permanent jobs qualify for the EB-5 visa.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    India
    United States of America

    Latest

    Why is there 'Ban Turkey' campaign in India Recep Tayyip Erdoğan
    You can use Vi's 5G services in Delhi-NCR from tomorrow Vodafone Idea
    Zepto is launching a new analytics platform for brands Zepto
    Most powerful solar flare of 2025 causes radio blackouts worldwide Space News

    India

    Army Chief, Dalbir Singh, makes stunning revelation Supreme Court Of India
    Cisco to cut 7% global workforce in fiscal year 2017 Cisco
    Ancient camping site discovered in Ladakh India
    Shuttler Sindhu stuns! Storms into the final PV Sindhu

    United States of America

    Mayogate: Hampton Creek accused of buying back its vegan mayo San Francisco
    71 years since Hiroshima & Nagasaki bombings Barack Obama
    Pakistan's Syed Sulahuddin intimidates India with a nuclear war India
    Iran executes nuclear scientist on the charge of treason Supreme Court Of India
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025