header banner
SOCIETY

NRNs to get free visas, investment opportunities in Nepal

The government has amended the Citizenship Act through an ordinance, enabling Non-Resident Nepali (NRN) citizens to obtain free visas for up to 10 years.   
By Republica

KATHMANDU, Jan 12: The government has amended the Citizenship Act through an ordinance, enabling Non-Resident Nepali (NRN) citizens to obtain free visas for up to 10 years. 


A cabinet minister told Republica that the ordinance aims to address the concerns related to granting social, cultural, and economic rights to individuals who have acquired NRN citizenship. 


Related story

DOI issued 163,518 visas in the FY 2015/016


The amendment introduces provisions allowing NRNs to establish companies in Nepal without undergoing the procedures required for foreign nationals. It also exempts NRNs from seeking prior approval for foreign investment, making it easier for them to invest in Nepal.


 

Related Stories
POLITICS

There should be no delay to provide citizenship to...

ECONOMY

Govt tightens visit visa permits, travel agencies...

ECONOMY

Investment Board collaborates with KPMG to promote...

ECONOMY

Round table meet to explore business and investmen...

SOCIETY

Manpower companies exploiting youths in the guise...