Disadvantages and Advantages of OCI card – Sending Money. What is an OCI card for Indian visa? Can I get an OCI card if I have a grandparent? What are the advantages and disadvantages of a PIO card? Some people mistakenly call it DUAL CITIZENSHIP CARD.
The confusion is prevalent over keeping PIO or OCI cards. You have to renew the OCI card when your passport expires. Benefits and Drawbacks of Being PIO and OCI. Around million Indians are dwelling across the foreign countries.
Now with an OCI you can also get an Aadhar and (privacy concerns aside) most people just think you’re born here. Also the application process is also little bit complicated. However, the taxation of OCI holders living in India is not very complicated and is similar to the taxation of resident Indians. It pushed people to give up the PIO (Person of Indian Origin) card , promising that the OCI was a sort of PIO-plus. The OCI card grants you same rights to purchase property as an NRI.
It encouraged community camps to help people apply. It was a lifelong card. A: As per the Indian law, even NRIs (as against those who have overseas citizenship) are not allowed to buy agricultural land.
Therefore, there is no question of a dual citizenship to be allowed just on account of the OCI card. There are a few disadvantages but they may or may not be of concern to most OCI holders. For instance as an OCI you cannot currently vote in Indian elections. There are some other aspects to consider also if you have younger school going children as you may be required to pay extra fees etc depending on the schools selected.
According to oci-help. Prior approval will be needed from the Ministry of Home Affairs in India if you are planning any of this on your trip to India. OCI card holders can not undertake any Missionary, mountaineering and research work in India. Also, holding an OCI card doesn’t mean that you are an Indian citizen, and you don’t get you voting rights in India. Who can apply for an OCI card?
Exemption from registration with local police authority for any length of stay in India. Parity with NRIs in respect of economic, financial and education fields except in matters relating to. It is not a path to dual citizenship.
When you reclaim Indian citizenship, you will be required to renounce all other citizenships you possess. Loss or damage of OCI Card. Mandatory conversion of PIO into OCI Card. Merger of PIO Card and OCI Card : Clarifications for the PIO Card holders.
The date of submission of application without fee for registration as OCI cardholder in lieu of PIO card online has been extended till 31. A multiple entry, multi-purpose life-long visa for visiting India. Depositing rupee earnings from India into an NRE account is not allowed at all.
PIO card holder is required to register with local authorities for. However I am eligible for British citizenship and would quite like to get that before I come back as it would be quite useful if I ever decide to come back to UK. Days After Birth – After getting your child’s passport, go to your nearest Indian consulate to apply for your child’s OCI card.
This will allow them to have life-long visa-free entry to India. Submit all the necessary documents, and your child’s OCI card should also get processed in around months. An OCI holder, however, does not receive an Indian passport, and has no other political rights in India, including the right to vote or eligibility for government employment. In case the OCI Card holder has obtained new passport after expiry of the validity of the passport on which ‘U’ Visa had been affixe he must carry both the old and the new passport along with the OCI Card for travel.
NOTE: The following instructions should be read carefully and followed while applying for reissue of OCI card. Incomplete application with any column left blank or without one or more required documents is liable to be returned to the applicant, resulting in avoidable delays. OCI does not confer political rights.
The registered Overseas Citizens of India shall not be entitled to the rights conferred on a citizen of India under article of the Constitution with regard to equality of opportunity in matters of public employment. As such the OCI is not actual citizenship of India according to Indian law as it has many limitations such as no right to vote, no right to hold constitutional offices, and no right to buy agricultural properties.