![]() They can only be inherited or received as gifts. However, they can not buy any Agricultural Land, Farm House or Plantation property. They can buy both residential and commercial properties in India.Similar benefits to NRIs in educational, financial and economic fields.Multiple entry Lifelong visa to visit India.Applications submitted in India: Rs.15,000/.Applications submitted from outside India: $275 or equivalent local currency.If you have the card but your kids were born abroad, make sure you enroll them for the OCI Card Scheme. On 9th January 2015, PIO Card Scheme ( watch video) (issuing of Cards to Persons of Indian Origin to allow visa-free travel to India) was withdrawn by the Government of India and has been merged with the OCI Card Scheme. Moving Back to India from USA: NRI, PIO & OCI Explained PIO and OCI Merger A person married to an Indian Citizen or an existing OCI for at least 2 years.A person whose parents, grandparents or great-grandparents are/were Indian citizens.A person belonging to any part merged to India after August 15, 1947.A former Indian citizen (on or after January 16, 1950).OCIs or Overseas Citizens of India are entitled to multiple benefits under the OCI Card Scheme ( watch video) (Mandatory scheme for OCIs to enroll for an OCI card to enable entry in the country with or without their foreign passports) the eligibility criteria are as follows: government employment, acquisition of agricultural or plantation properties. Overseas Citizen of India (OCI): OCI can be simply understood as the status given to people with a foreign citizenship who are granted with certain rights and freedoms that the citizens of India and NRIs enjoy except the following rights: voting rights, candidature in various houses of government, constitutional posts such as President, Supreme Court Judge etc. The spouse of an Indian Citizen or a PIOįoreign Citizenship in case of a Person of Indian Origin will not include citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan.An individual who is either a citizen of India or whose father/mother/grandfather/grandmother was/were a citizen(s) of India.A person who at any time, held an Indian Passport or.The factors that define the term “Indian Origin” are: Person of Indian Origin (PIO): PIO is a person with foreign citizenship who has an Indian origin. Know your status and its benefits: An US citizen moving back to India will either be an PIO or OCI. In the next few segments, we will walk through the changes that a US Citizen moving back to India has to undergo.ġ. Although, these factors will come into play eventually with time. This migration involves huge repercussions in terms of citizenship, residential status, duties and rights. US Citizen moving back to IndiaĪ US Citizen moving back to India is a completely separate scenario. It has no impacts on the rights of the concerned person. This entire scenario is an example of change in Residential Status of an Individual. Let’s consider the two cases briefly: NRI returning to IndiaĪn NRI returning to India means an Indian citizen who is a resident abroad is returning to his/her home country and can become a resident again. Now, once we have conclusively found out about the individual status of the person, we can move ahead with the associated checklist. An Indian Citizen will be evaluated further in terms of his Residential Status, based on which He/she can be a Non Resident Indian (NRI) where as US Citizens will be further evaluated in terms of their Origin, based on which they can be a Person of Indian Origin (PIO) or Overseas Citizen of India (OCI). We will start by evaluating the Citizenship of the individual based on which they can be an Indian Citizen or a US Citizen. By evaluating these elements we can configure multiple situations. Under this status, we will evaluate his/her citizenship, residential status and origin. The very first aspect we need to understand here is the Individual Status of the person returning from USA. Moving Back to India from USA: Checklist 2021 Moving Back to India from USA: The Sentiment.Can I keep my US bank account after moving back to India?.In this article, we will explore them along with creating a checklist for every person returning from USA to India in the meanwhile. There are certain factors that are needed to be kept in check. Moving back to India from USA is very tiresome. ![]()
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