What are the new rules for NRI?

Is it better to get an OCI or Indian visa?

The eVisa is an online visa that allows short-term visits for tourism, business, or medical purposes. On the other hand, OCI is a long-term visa that grants individuals of Indian origin certain rights and privileges, including the ability to live and work in India indefinitely.

Who is eligible for EB-5?

EB-5 Visa Requirements Summary

To qualify for an EB5 visa, applicants must: Invest: $1,050,000 in a U.S. business or $800,000 in a TEA (rural areas, high-unemployment zones, or infrastructure projects). Create Jobs: Generate 10 full-time jobs for U.S. workers, sustained for at least two years.

Is a Germany visa free for Indians?

Generally speaking, all foreigners require a visa for stays in Germany. A visa is not required for visits of up to 90 days in an 180 day period for nationals of those countries for which the European Community has abolished the visa requirement. Indian citizens require a visa.

Who is eligible for an Indian eVisa?

International travellers whose sole objective for visiting India is recreation, sightseeing, casual visit to meet friends and relatives, attending a short term yoga programme, medical treatment including treatment under Indian systems of medicine, business purpose, as attendant to e-Medical visa holder, attending a ...

Can I enter Turkey with a Schengen residence permit?

Besides, provided that they meet certain conditions, ordinary passport holders who hold a valid Schengen or OECD member's visa or residence permit may get their single entry e-Visas valid for one month e-Visas via the website www.evisa.gov.tr and may enter Turkey through all land borders.

Does India allow dual citizenship with Germany?

No, India does not allow dual citizenship; an Indian citizen must renounce their Indian citizenship/passport upon acquiring German citizenship, though India offers the Overseas Citizen of India (OCI) card as a long-term status with benefits, while Germany does allow dual nationality, so you can hold both German and OCI status without renouncing the OCI, but not full Indian citizenship. 

How many years do I need to live in Germany to get citizenship?

Generally, you need five years of legal residence in Germany, but this can be reduced to three years for special integration (language skills, work, volunteering) or even two years for exceptional achievements, while spouses/children of German citizens can apply sooner. A new law in 2024 lowered the standard period from eight years and allows dual citizenship, but requires stronger commitment to German values. 

Can Germans go to India without a visa?

Advisory: For travel to India a valid visa along with passport is mandatory. Only categories exempted under bilateral arrangements may not need a visa. For persons of Indian origin (all categories), OCI card is mandatory.

What is the penalty for NRI?

As soon as your resident status changes to NRI, you need to convert your savings account into an NRO account. While there is no penalty for not declaring your NRI status, failure to convert your savings account can result in legal and financial complications.

What is the 90% rule for non-residents?

What is the 90% Rule? In a nutshell, the 90% rule is simple: if 90% or more of your worldwide income is from Canadian sources in the tax year, you're eligible for non-refundable tax credits reserved for residents.

Which documents are required for e-Visa?

Getting an online immigration status (eVisa)

• biometric residence permits (BRPs)
• biometric residence cards (BRCs)
• stamps in passports.
• 'vignette' stickers in passports.
• frontier permits.

How much does an Indian e-Visa cost?

India e-Visa fees vary by nationality and visa type, generally ranging from about $10 to $100+ USD, with common types like the 5-year e-Tourist visa costing around $80-$100 USD and shorter-term options being cheaper, plus a 2.5% bank charge, so check the official Indian e-Visa site or your nearest consulate for exact, personalized pricing. 

What is a 5 year multiple entry visa?

The multiple entry 5-year tourist visa enables tourists to enter the UAE multiple times on self-sponsorship and remain in the country for 90 days on each visit, and can be extended for further 90 days. This type of tourist visa can be issued for all nationalities.

How much bank balance is required for a Germany visa?

The minimum bank balance required for a German visa is not officially fixed for every case. However, having €100 to €120 per day is generally considered sufficient to demonstrate financial stability for a short-term Schengen visa.

Does Germany allow dual citizenship?

Yes, Germany now fully allows dual citizenship as a standard practice, thanks to a new law that took effect on June 27, 2024, eliminating previous restrictions and the need for retention permits when acquiring foreign citizenship. This means individuals can be German citizens and hold another nationality without giving up their German one, though laws of the other country must also be checked. 

How long can Indians stay in Germany?

If you wish to stay in Germany for more than 90 days, please apply for a German National visa.

Can I get a US visa if I buy a property?

While buying property alone won't grant you a visa, foreign investors who are interested in U.S. residency have an option to acquire the U.S. Green Card through the EB-5 Immigrant Investor Program.

Can I get a green card if I invest $500,000?

Generally the minimum qualifying investment in the United States is $1 million. Exception: Targeted Employment Area (High Unemployment or Rural Area). The minimum qualifying investment is $500,000.

How much money is required for EB-5 visa?

EB-5 investment amounts

The minimum investment requirement for the EB-5 Visa depends on the route the investor takes. The minimum amount needed for a direct investment in a U.S. commercial enterprise is $1,050,000.