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OCI Cardholder's Guide: Eligibility Advantages and Limitations

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Sans Global Immigration - Canada

So yes India does not offer Dual Citizenship and this is the main concern which Indianborn people look into before taking Canadian Citizenship. SO they take the route of becoming an Overseas Citizen of India.

After coming to Canada, many immigrants want to eventually obtain citizenship due to the benefits it provides, including being able to vote in federal elections and hold a Canadian passport and travel many countries visa free, and specially many people want citizenship so they are not obliged to meet residency requirement.

However, when an immigrant becomes a Canadian citizen, you will be required to give up citizenship of India because of the laws of India not allowing for dual citizenship.

In this video lets discuss about:

What is an OCI?
What are the benefits of an OCI?
Restrictions on OCI holders in India
Who is eligible for OCI card
Who is not eligible for OCI card
Applying to become an OCI

An OCI is someone who holds a foreign (nonIndian) passport and is not a citizen of India but applies for a card that provides them with a “multiple entry, multipurpose, lifelong visa for visiting India, exemption from registration with Foreign Regional Registration Officer or Foreign Registration Officer for any length of stay in India.

Some of the key benefits of having an OCI card:
1. **Lifelong VisaFree Travel to India**: OCI cardholders are granted a lifelong, multipleentry visa to India, which allows them to enter and exit the country without the need for a traditional visa. This is particularly convenient for frequent travellers or those with family and business ties in India.

2. **No Need for Registration with the Foreigners Regional Registration Office (FRRO)**: Unlike regular foreign visitors to India, OCI cardholders are not required to register with the FRRO.

3. **Property Ownership**: OCI cardholders are allowed to own property in India, except for certain agricultural and plantation properties. This allows them to invest in real estate or inherit property in India.

4. **Financial Transactions**: OCI cardholders can maintain bank accounts in India, purchase insurance, invest in the Indian stock market, and conduct financial transactions, making it easier for them to manage their financial affairs in the country.

Restrictions
OCI, despite the name, is not entitled to the same rights and freedoms as naturalized Indian citizens. For example, an OCI cannot apply for and obtain an Indian passport, which is only given to Indian citizens.

In addition, the following list includes further restrictions imposed on OCI cardholders. An OCI cannot:
• Vote
• Be a member of the Legislative Assembly, Legislative Council or Parliament
• Hold positions such as President, Vice President, Judge of Supreme Court or High Court • Be appointed to public service positions unless approved and granted by the Central Government
• Acquire agricultural land or farmhouse or plantation properties in India

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About me: I am a Regulated Canadian Immigration Consultant (RCIC) licensed under the Immigration Consultants of Canada Regulatory Council (ICCRC) and founder of Sans Global Immigration.

Disclaimer: The RCIC, Neha Bhalla, creators, producers, and directors of this video and the channel express their views & opinions based on generic information and not on personal information, cases, or situations of any person. The information from this channel and videos must NOT be taken as personal or legal advice given to the viewers. The Presenters, Content Creators, RCIC Neha Bhalla cannot be held responsible or legally liable in any way for your actions postviewing this video, written material, website, or any other resource generated.

posted by nakrcanigz