FEMA RELATING TO NON-RESIDENTS

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OVERSEAS CITIZENSHIP OF INDIA ( OCI )
OCI SCHEME
IS OPERATIONAL FROM 02.12.2005

Introduction

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'
Persons of Indian Origin
( PIOs) of certain category as has been specified in the Brochure who migrated from India and acquired citizenship of a foreign country other than Pakistan and Bangladesh, are eligible for grant of OCI.

1. Persons registered as OCI have not been given any voting rights, election to Lok Sabha / Rajya Sabha / Legislative Assembly / Council, holding Constitutional posts such as President, Vice President, Judge of Supreme Court / High Court etc. Registered OCIs shall be entitled to following benefits:

(i) Multiple entry, multi-purpose life long visa to visit India;
(ii) Exemption from reporting to Police authorities for any length of stay in India ;
and
(iii) Parity with NRIs in financial, economic and educational fields except in the acquisition of agricultural or plantation properties.

2. Any further benefits to OCIs will be notified by the Ministry of Overseas Indian affairs(MOIA) under section 7B(1) of the citizenship Act, 1955.

3. A person registered as OCI is eligible to apply for grant of Indian citizenship under section 5(1)(g) of the citizenship Act, 1955 if he/she is registered as OCI for five years and has been residing in India for one year out of the five years before making the application.


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