What are the disadvantages of OCI card?
| Advantages | Disadvantages |
|---|---|
| Lifelong 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. |
A: OCI card holders can purchase residential and commercial properties in India. But they are not permitted to purchase agricultural land, including farmland or any kind of plantation property.
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.
If you want to spend some time in India, you must check the travel documents you need for your visit. The India Tourist eVisa is available for foreign travelers who want to visit India for tourism. On the other hand, the OCI Card allows you to live and work in India.
Aadhaar Card enrollment is presently available to residents in India. OCI Cardholders who stay in India for a long time (over 182 days in twelve months immediately preceding the date of application for enrolment) and have an Indian address can also enroll for Aadhaar Card in India.
Do OCI Holders residing abroad need an Aadhar card? No, an OCI Holder residing in Abroad do not need an Aadhaar Card as it is not mandatory for an OCI/PIO to have an Aadhaar Card. However, he/she can apply for Aadhar if he/she stays in India for 182 days or more.
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.
An OCI card holder does not need a visa to live or work in India. An OCI card holder can stay in India for life time. It is important for an OCI card holder to ensure that they hold valid passports from their home country.
A person who has got registration as OCI cardholder prior to attaining the age of 20 years will have to get the OCI card re-issued only once when a new passport is issued after his/her completing 20 years of age, so as to capture his/ her facial features on attaining adulthood.
A: You will be allowed entry into India if you have a valid OCI Card and a valid foreign passport. You do not need to carry the old passport on which your "U” (OCI) Visa was stamped, if that happens to be different from your current passport.
Do you need Indian visa if you have OCI card?
Does an OCI Cardholder need a visa to visit India? OCI cardholders do not need a visa to visit, live or work in India.
OCIs are entitled to a multipurpose, multiple entry, lifelong visa allowing them to visit India at any time, for any length of time and for any purpose. They are exempted from police reporting for any length of stay in the country.
The following OCI card eligibility exceptions describe persons who are NOT eligible for OCI card. Foreign born children whose one or both parents are Indian nationals or former Indian nationals, including: Step children and adopted children. Child of single parent whose other parent's nationality is not available.
Yes. On payment of requisite fee, a new OCI 'U' visa sticker will be issued. However, the applicant can continue to carry the old passport wherein the OCI 'U' visa sticker was pasted along with new passport for visiting India without seeking a new visa, as the visa is lifelong.
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).
It is mandatory to acquire a PAN Card to carry out financial transactions and file Income Tax. For resident Indians, the procedure to apply for a PAN card is easy but can OCI get PAN Card? Well, yes.
Such OCI is required re- designate / convert his/her NRE/NRO/FCNR Accounts to resident account, or NRE/FCNB account to RFC account as the case may be. Further, an OCI can open all types of accounts allowed to a Resident customer.
Re-issuance of OCI registration certificate is not mandatory each time a new passport is issued between 21-50 years of age. However, if the applicant wishes to obtain new set of OCI documents, he/she can apply for the same. If the OCI card is issued at the age of 50 years, there is no need for re-issuance of OCI.
Mailing Address is an Overseas address
Photocopy of Overseas Citizen of India (OCI) card mentioning the overseas address. Photocopy of Person of Indian Origin (PIO) card mentioning the overseas address.
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.
Does India allow dual citizenship?
The Constitution of India does not allow holding Indian citizenship and citizenship of a foreign country simultaneously.
(ii) OCI cardholder is required to get the OCI card re-issued only once when a new passport is issued after completing 20 years of age. (Applicants may refer to https://services.vfsglobal.com/usa/en/ind/apply-oci-services for the process).
What is the fee for application for registration as an OCI? US $ 275 or equivalent in local currency for each applicant. In case of PIO card holder, US $ 25 or equivalent in local currency for each applicant.
“Henceforth, an OCI cardholder travelling on the strength of existing OCI card bearing old passport number is not required to carry the old passport. However, carrying the new (current) passport is mandatory,” the embassy further added.
It is reiterated that holding an OCI card in no way entitles its holders to claim the status of dual citizenship.
Your OCI card processing time will be 5 to 6 weeks. Check more information about the OCI card processing time.
The provision under Section 7D of the Citizenship Act 1955, now provides for an individual to lose the OCI status if he or she “violates'' any of the provisions of Citizenship Act 1955, or the provisions of any other law as specified by the Union government.
OCI is Overseas Citizenship of India. It is an immigration status authorising a foreign citizen of Indian origin to live and work in India for an indefinite period. The OCI card was launched by the Government of India to meet the demands of the Indians residing overseas who insisted on dual citizenship.
Thus, OCI cardholders are permitted to purchase immovable property in India, but are not permitted to purchase agricultural land or a farmhouse or plantation property. They are on parity with NRIs in this matter.
Such OCI is required re- designate / convert his/her NRE/NRO/FCNR Accounts to resident account, or NRE/FCNB account to RFC account as the case may be. Further, an OCI can open all types of accounts allowed to a Resident customer.
Can American citizen own property in 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).
According to the latest rules regarding the OCI cardholders, Indian origin people who moved out from India for employment or business, NRIs with foreign citizenship, and OCI (Overseas Citizenship of India) cardholders are not allowed to buy and sell properties in India.
