Investment by us citizen with oci

Rajesh (Querist) 08 May 2012 This query is : Resolved
Can a US Citizen with OCI

i) Open demat account in India and trade/invest in shares of Indian companies / mutual funds?

ii) Which are the other areas where he/she can invest in India?

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M V Gupta (Expert) 09 May 2012
US citizen with OCI can open demat account in India and trade in shares of Indian companies. For full details you may see the web site of Ministry of Trade and Commerce GOI.

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