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Latest Questions

Q: What are LEG formalities?

A: The NRI nominee has to submit an application in form LEG along with the death certificate. This compliance is required only if the deceased account holder was an NRI at the time of death and the...

Q: Do NRIs need approvals from RBI for selling securities acquired through IPO's/private placements?

A: No. NRIs can sell such shares/debentures on the Exchange without any approval. However, while seeking the credit of sale proceeds to NRE/NRO account, the bank should be provided with the details...

Q: Do NRIs need any permission of RBI to subscribe for IPO's or private placements of equity shares of existing or new companies?

A: No. NRIs do not require any permission to invest though Initial Public Offerings (IPO's) or Private placements. In such cases, the Issuing Company should comply with all necessary regulations for...

Q: What is e-stamping notarising?

A: Any legal document which is not executed on a stamp paper has to be registered with the Government by paying the necessary judicial charges. This is called e-stamping/franking. Though printed on...

Q: I am a green card holder and even having an Indian passport, should i apply for Indian visa to travel back to India?

A: As you still have an Indian passport you are an Indian citizen, you do not need a visa to travel to India. A green card does not make you a citizen of the United States but entitles the holder to...

Q: I am a British citizen and recently applied for OCI and if once approved, can i go back to India and settle down for life?

A: Once you get approved for OCI, a multiple entry, multi-purpose OCI ‘U’ Visa Sticker will be pasted on your British Passport. This will entitle you to live in India as long as you wish. You can...

Q: How can i apply OCI for child born in India to British citizens?

A: You cannot apply for OCI/PIO card before getting an entry visa first for your son. You need to contact the Ministry of Home Affairs, Foreigners Division, Jaisalmer House, 26 Man Singh Road New...

Q: Can and OCI apply for Indian citizenship?

A: 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...

Q: Is there dual citizenship in India?

A: India Dual citizenship. Despite all the news coverage and excitement over this issue, please understand clearly that the Constitution of India does NOT allow dual citizenship, i.e., holding Indian...

Q: How can a foreigner get Indian citizenship?

A: Citizenship of India by naturalization can be acquired by a foreigner (not illegal migrant) who is ordinarily resident in India for TWELVE YEARS (throughout the period of twelve months immediately...