What is the dirrerence between NRI, PIO & OCB?
Shaji Joseph (Lawyer) 21 May 2009
What is the dirrerence between NRI, PIO & OCB?
A V Vishal (Advocate) 21 May 2009
NRI: A citizen of India, holding an Indian passport, but residing abroad A foreign national who has Indian origins or Indian ancestors.
Privileges At par with resident Indians
PIO : A foreign national who has Indian origins or Indian ancestors.
a) No extra-ordinary benefits |
c) Required to register at local FRRO in India upon arrival
PIO Card Holder : A PIO holding a PIO Card, as per the Scheme of The Ministry of Home Affairs, 2002. Apply to 1) Any Indian Mission abroad or, 2) Any of the Foreigners Regional Registration Offices in India or 3) The Joint Secretary (Foreigners), Ministry of Home Affairs
Charges for application :
Rs.15,000 or equivalent for adults |
Rs.7,500 for minors
Priveleges extended :
Exempt from |
d) At par with NRIs in all spheres of activity except purchase of agricultural property
OCI : Overseas Indians who migrated from India after 26th January, 1950, except those from Pakistan and Bangladesh. Apply to 1) Any Indian Mission abroad or, 2) Any of the Foreigners Regional Registration Offices in India or 3) The Joint Secretary (Foreigners), Ministry of Home Affairs
Charges for application :
USD 275 or equivalent in applicant’s local currency. |
PIO card holders pay only USD 25 or equivalent
The Priveleges extended are:
a) Lifelong multiple entry visa to India |
c) At par with NRIs in all spheres of activity, except purchase of agricultural property.
Shree. ( Advocate.) 21 May 2009
NRI
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PIO
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PIO Card Holder
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OCI
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Definition | A citizen of India, holding an Indian passport, but residing abroad | A foreign national who has Indian origins or Indian ancestors. | A PIO holding a PIO Card, as per the Scheme of The Ministry of Home Affairs, 2002 | Overseas Indians who migrated from India after 26th January, 1950, except those from Pakistan and Bangladesh | |||
Apply to |
1) Any Indian Mission abroad or,
2) Any of the Foreigners Regional Registration Offices in India or<br> 3) The Joint Secretary (Foreigners), Ministry of Home Affairs |
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Charges |
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Privileges | At par with resident Indians |
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Ramu Mal halwai (Doc) 05 October 2009
Originally posted by :Shaji Joseph | ||
" | What is the dirrerence between NRI, PIO & OCB? | " |
Hi
I am an NRI settled in the UK and married to a Bangladeshi citizen. I would like my wife to have PIO card which she is not eligible because of her bangladeshi passport.
Is there a way for her to get a long term Indian visa to Indian and she can also be a part to my property in India.
In 1 years time she will have british passport. Can she have PIO card then
Please help!!!
venkat (Employee) 20 October 2010
Hi Shaji,
Also note that an OCI card holder can work in india without a work-permit or worker-visa(except for Government Offices). Also under OCI card, if you live in India for 5yrs, you can apply for Indian Citizenship(if you wish to ) upon proving that you have lived continuously in India for a period of at least 3yrs. You do not have to register in Police station at any time if you are holding OCI card.
Welcome any corrections on the above.
Venkat,
Hari (Advocate) 08 February 2011
NRI will be eligible to vote in India, as per Govt news.
Since an OCI is at par with NIR for all activities(except purchase of agricultural land), will OCI also eligible for vote. Will any body clarify ?.
Hari
stylistperson (Director) 10 April 2011
One more question in this interesting forum: I prefered to keep continue asking in this forum rather than to put new.
Can OCB buy any property in India except agricultural property?
Does OCB has to pay any overcharge to buy property?
I am overseas citizen and OCB card holder and my wife is Indian citizen and eligible for overseas citizenship but we haven't applied yet. What can be best situation for us in long run?
To keep one overseas citizen and one Indian citizen or both should take OCB?
Is there any drawback of OCB against Indian Citizen?
Thanks.
pratik (self working) 27 October 2012
PIO Card holder can visit India without visa for 15 years from the date of issue of PIO Card).
Sir Siva can u give me the case law or sir it is as per which secion thanks