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.
How long can you stay in India with OCI?
cardholders ? (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.
Can I work in India with an OCI?
Yes! You can work in India with an OCI card. The OCI card or Overseas Citizenships of India card is a lifelong visa that gives you the chance to work or live in India. Also, you can enter India at all the times you would like.
Can OCI holder buy house in India?
A. 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.
Can OCI become Indian citizens?
Citizens of other countries may be granted the Overseas Citizenship of India status in certain cases. OCI is the closest thing to being a dual citizen. … Are married to an Indian citizen for at least two years. Have at least one parent, grandparent, or great-grandparent who is or was an Indian citizen7.
What are the disadvantages of OCI card?
For OCI Cardholders
|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.|
How much does OCI cost in India?
Fees for OCI Card
|New OCI card (Adult/Minor)||$275.00||$295.00|
|New OCI for PIO Card Holder (Adult)||$275.00||$45|
|New OCI card (Adult/Minor)||$275.00||$295.00|
|Re-issue in case of Lost /Damaged OCI card||$100.00||$120.00|
What can OCI not do in India?
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.
Can OCI get Aadhar card?
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.
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.
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).
Can OCI get PAN card?
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. … This certificate should be on the employer’s letterhead, and it should contain the PAN of the employer.
Can OCI holder get pension from Indian government?
OCI Card Holder can join and subscribe to National Pension System (NPS) Government of India established Pension Fund Regulatory and Development Authority (PFRDA) in 2003 to develop and regulate pension sector in the country. … It has now been decided that OCI card holders can also subscribe to NPS in parity with NRIs.
Why dual citizenship is bad?
Is Dual nationality bad? Not as per the overall perspective, but there are some drawbacks also to dual citizenship. You may have to pay double taxes after following a lengthy process to get it. Moreover, you cannot work in the government department in some countries.
Is OCI dual citizenship?
The Constitution of India does not allow holding Indian citizenship and citizenship of a foreign country simultaneously. Based on the recommendation of the High Level committee on Indian Diaspora, the Government of India decided to grant Overseas Citizenship of India (OCI) commonly known as ‘dual citizenship’.
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.