29. Can a person registered as an OCI be granted Indian citizenship? Yes. As per the provisions of section 5(1) (g) of the Citizenship Act, 1955, a person who is registered as an OCI for 5 years and is residing in India for 1 year out of the above 5 years, is eligible to apply for Indian Citizenship.
Can OCI holder live permanently in India?
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 can OCI holder apply for Indian citizenship?
Following the information of section 5 of the Citizenship Act, 1955, a person who is registered as an OCI for more than 5 years and has been living in India for 1 year from the 5 years mentioned, is eligible for Indian Citizenship. Apply now.
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.
What are the disadvantages of OCI card?
For OCI Cardholders
| Advantages | Disadvantages |
|---|---|
| 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. |
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.
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 holder buy property in India?
OCI card holders can purchase residential and commercial properties in India. But they are not permitted to purchase agricultural land, including farmland or any kind of plantation property. … However, he/she can acquire or transfer immovable property in India, on lease, not exceeding five years.
How much does OCI cost in India?
Fees for OCI Card
| Service | Consular Fee | Total |
|---|---|---|
| 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 |
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 I study in India with OCI?
Representative Image. The Supreme Court (SC) has declared that Overseas Citizens of India (OCI) who had petitioned before the apex Court must be considered for all medical seats for the current academic year 2021-22 if found eligible.
Can OCI buy land?
As per the guidelines issued by Reserve Bank of India, an NRI or OCI card holder can invest in any residential or commercial property. … However, they are not permitted to invest in farmland, plantation land, and agriculture land.
Is Indian visa better than OCI?
If you require an OCI card for staying in India for under five years, opting for an India visa is an ideal choice. … Thus, it saves you both time and money unlike applying for an OCI card. Moreover, in the case of your stay exceeding the 5-year mark, you can always apply for a new visa.
Does OCI pay tax 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).