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Everything about OCI Card explained
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- Опубліковано 25 сер 2023
- Welcome to today's video! In this episode, let's discuss everything about OCI card
Once you acquire citizenship in another country, you'll need to surrender your Indian passport, as India doesn't allow dual citizenship. The process is straightforward - simply send your Indian passport along with the required documents listed on the government website. You'll receive a surrender certificate, and your passport will be invalidated.
With the OCI card in hand, you'll enjoy various advantages. Unlike traditional visas, the OCI card has lifelong validity, making updates hassle-free. Whether you're visiting or staying in India, there are no lengthy restrictions on your stay. Even overstaying for more than 180 days won't pose an issue. This flexibility is a major benefit compared to regular visas.
Furthermore, if you're considering working or starting a business in India, the OCI card presents favorable conditions. While private sector work is possible, certain government positions are off-limits. Owning agricultural land might be restricted, but inheriting property is permitted. Voting rights are not extended, but that's understandable given your choice to reside in another country.
In this video, I'll delve deeper into the pros and cons of holding an OCI card. If you have any questions or comments, feel free to share them below. I'll do my best to provide informative responses. Check out the government website link in the description for more details on the process. Also, if you're curious about the step-by-step process for obtaining an OCI card, make sure to watch my dedicated video on that topic, which I've shared the link to below.
Whether you're looking to explore India, start a business, or understand the intricacies of the OCI card, this video aims to equip you with the knowledge you need.
It is all tried and tested so that you can feel confident. All you need to do is comment, like and subscribe and share your questions so that i can keep responding to your queries. Keep watching Canada Tried and Tested
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Beautifully explained. Thank you.
You are so clear and simple. Thank you so much. You saved me so much time and money.
Glad I could help!
Thank you! This is a very informative video for the benefits and disadvantages of an OCI Card
Thank you. Soon detailed video on OCI will be shared
As an oci holder it was next to impossible to get a sim card in india last year.
Did you have Aadhar card?
I came across your channel, and I must say your vieos are so helpful and informative in a clear and accurate manner. Thank you for your videos 💯👏👍
Thank you
@@canadatriedandtestedoriginal bro If I get Uk Citizenship can I live in India without any restrictions like 180 days or 90 days If we have OCI card.
@antonysaviour38 Hi once you have OCI you can stay for lifetime in India 🇮🇳 you don’t have to exit like in other visa
Well captured information 👍🏻
Well explained. Thank you
Thank you 🙏 feel free to share within relevant group looking for ℹ️
Very good video sir 😊
My baby born in Canada. Now she came in India with one year e visa. How can I take OCI from India .Is it possible.
Hi, your videos are clear and helpful. Thank you.
Can you please make a video on what type of bank accounts can OCI holders have.
Hi do you currently have NRE/NRO account? If yes, visit the bank and they will get details of your foreign passport and get the paperwork done correctly. I have made a NRO/NRE account video which you can find on my website
What if we want to renounce canada citizenship nd gain back again indian citizenship?
I got you covered How to acquire Indian citizenship step by step
ua-cam.com/video/kueNdau31KQ/v-deo.html
2:03 - OCI working in India,.. Did you say that there are NO restrictions or MORE restrictions? Sorry asking this to plan our other country citizenship accordingly..
No restrictions if you choose to work in private sector
And also if i want to buy property in india i should buy it using oci is it?
lovely video
The 2021 OCI notification lists professions which can work in India " Pursuing specific profession of a doctor, dentist, nurse and pharmacist, lawyer, architect, or a chartered accountant in India (subject to stipulations under applicable laws and regulations)"
So does that mean all other professions have to go through a separate process?
Sir, if you could also make a video on double taxation avoidance agreement between India and Canada, that would be great . Especially if one owns a property in Canada and currently works in salaried job in India, how does that affect the taxation . Thank you.
What if someone bought land before giving up Indian passport. Can they still keep it or they will have to sell it?
Also this is true only for agricultural land right, not for NA?
Anything before citizenship is okay. After Citizenship the restriction is for agricultural land only. You can buy house, apartment, commercial space just like anyone
@@canadatriedandtestedoriginal thanks for telling this, but then what about taxes? Will an OCI holder be paying NRI taxes (if yes, then how much percentage?) for land, house, apartment? or normal Indian citizen tax?
@@sanketparab7509 HI Sanket while I do have some insight I suggest speaking to a tax consultant in India as it is money matters and it is best when handled by professionals. Hope you understand sometimes words can be misleading.
What about the income received in India and different types of accounts that can be maintained with banks. If I get a pension whether that can be credited to ordinary SB or NR ( O) account?
If you are NRI, you cannot hold SB account. Pension needs to be directed to NRO account. That change needs to be initiated. Also speak to your Bank and CA who understands law and processes
@@canadatriedandtestedoriginal thank you. Changing to NRO.
Tq sir, great explanation
If there is a balance in NRO a/c,before converting to NRO a/c, & suppose I don’t have OCI Card, can I invest in Shares of Indian Listed Companies?
What is the difference in taxation rules for OCI or nonOCI ?
Hi sir. How maney days can i get the pasport surender declaration certificat its long days waiting. Sory my english is not good i hope u understand my english sory
Hi! is it a good idea to apply for entry visa or e-visa?
Sir, after becoming Canadian citizen. Also having OCI, what if we decided to move back to india and work there, do we have to pay more tax compatible to Indian citizen?
Tax slab is based on income. It does not have to do with status. Citizens however have some deductions which might not be applicable to you. Licensed tax consultant will be able to give you more insight
very good - one question : will a OCI lose his (say ) german citizenship if he is working in india ( of course - by NOT applying for indian citizenship - just by the virtue of working for say 2-3 years)?
No
If we are working in a private sector, are we considered as a Resident or non resident Indian. Can we still operate NRE accounts?
If you are outside India for specific number of days irrespective of where you work or don’t work you are NRI and need to have NRE/NRO account
With OCI, could we be able to invest in mutual funds, stock market, bonds, LIC, and FD in India?
I personally am aware that LIC and FD is not a problem. Mutual funds have restrictions(especially if you are in US/Canada), you may have to do due diligence or even better seek professional help who understands this.
Hi sir, can OCIs apply for aadhar? If yes do we need to stay for 180 days or is it the same as NRIs that upon arrival in India
Hi as an OCI if you don’t have Aadhar before change of citizenship you need to be in India for 182 days before applying
Crystal clear
Thank you
Hi,Can a Non Indian citizen sell his part of property in India without OCI card? Thanks...
Hi selling part is not a challenge. You may have to connect with CA who understands this as residents and non residents taxation might be different
Hello Sir I had a question, can I travel to India with Indian Passport and Canadian Citizenship Certificate and surrender my Indian Passport in India and apply for OCI card from India itself?
Hi Surrender certificate is possible in India. I have not come across anyone travelling without Canada passport to India and also OCI part. Better to get OCI done outside India
Hi, I am currently living in India for the last 16 years, but was born in America, I have recently renewed my American passport from US Consulate, Kolkata, what would be the next step to fly to America, shall I apply for oci card online or visit the FRRO office?
Hi with American passport not having India visa, best would be to check with FRRO on what need to be done. If you have lived in India for more than 6 months you can apply for OCI provided you meet all criteria. Your case is unique so please check with FRRO to be on right guiding path
Can a child of around 7 years(born in India) to a Australian Citizen father and Indian Citizen Wife can be granted OCI if a child has overstayed in India on a expired Australian passport and without a valid visa?
Hi I am no expert however if I were you I would get Australia passport renewed on priority and then reach FRRO informing overstay to get it regularize by paying fine(providing reason for overstay). Since it is child I am sure they may empathize circumstances due to which overstay happened and then apply for OCI. As I said take necessary steps to show your intention to do right thing
I understand that you cannot buy land but can you buy properties if you are a Canadian citizen with OCI card ? Properties such as commercial units or residential properties ?
With OCI you cannot buy agriculture land. You can buy commercial and residential unit for sure
Can an Indian citizen after becoming Canadian can travel on India passport and live for 3 months ? Will that be allowed ? It’s so much gray.
Traveling on India passport from Canada CONFIRMED UPDATE
ua-cam.com/video/ZanKc-6nOzs/v-deo.html this
Will help
Is it possible for OCI card holders to apply for lecturer or professor positions in government colleges such as IITs?
Hi I am not sure about this. Premiere institute does have lectures visiting so I guess it should be fine. Best is to check with someone within IIT to know current status
Very informative
Glad it was helpful!
Hi sir actually as an oci card holder and to buy my inherited property what documents do i need? Do i need register the property using oci card or adhaar card? Could you explain about this briefly pls
Inherited property is usually transferred. if it is agricultural land you are "buying" please look into specifics. Inheriting is not an issue however buying is going to be
Does not you need to renew or pay fees again for OCI after your turn 50years or perhaps its 55years?
There is no fee. Just update info online
Can we buy a new property as an OCi or do we need to pay additional property taxes
Yes you can. Property tax is standard, nothing extra. When selling property rules were changed sometime back.
Does OCI card holders get paid more compared to indians while working in India? For example, it is being said Canadians are paid more in UAE compared to their Asian counter part such as people from India or other country. Is it true?
This is a million dollar question however I will try to answer this. In India most of the companies are service based and looks for value for money resources. Also when you have tasted outside country the hiring manager will feel that you will be less accommodating to Indian culture of working long. These are my personal opinion. Welcome if someone has thoughts
U from Tamil Nadu brother?
Neighbouring state Karnataka
Why would company will pay extra to OCI ? Think !! In UAE only in local company such racist laws are there in MNC all nationalities are paid same.
You NRI should stop feeling privileged over Indians ! We all know how badly you guys live in Canada and paint fake pictures back home ! Shame ..
I like that you mention one can stay and earn in India on OCI. Thanks for the informative video.
Im considering moving back to India as a Canadian citizen + OCI card holder. If I start work in India in the private IT sector will I only pay Indian income taxes or will it be both indian and canadian taxes? Infact are Indian IT companies willing to offer job to OCI card holders. Just to share I have a property + car in canada. What will I need to do legally of course to avoid paying any Canadian taxes on Indian income while in India and still preserve Canadian citizenship. Also once I start staying in India will there be any challenges in renewing Canadian passport coz I will not have have any Canadian references?
My Mom wants to get her OCI card after being in Canada for over 60 years, and in the mid 1970s gave up her Indians Passport, to make a long story short has no idea where her old Indian Passport is, so how can she prove she is Born In India, sounds bit funny because she was born there and lived their for 20 yrs of her life, she is a Widow now.
What is her best course of action? Thanks
Oh forgot to mention I am her son and for past 18 years I have had an OCI Card since they introduced it, back in 2006, so in reality that proves my Mom is Indian and the fact I was born there. Cheers
Frankly speaking I dont have answer to this. Is it possible for your mother to visit CGI for an open house and speak to them about the situation. They might have answer on how to get this sorted.
Can you please share the link where it says that we can travel to India within 30 days as the grace period. I am only seeing the official notice on CGI saying you cannot travel using Indian passport once you have obtained Canadian citizenship
I hope you got the link
Hello
Applied for Canadian citizenship but have to go to India and OCI takes time to come can we apply visitor visit for tome being and apply for OCI later?
Will it be okay or we have to apply OCI first rather getting visitor visa.
Thank you
You can go on visitor’s visa
I want to apply for passport. What the documents I need to furnish to the authority issuing the password?
Kindly let me know this basic knowledge
Hi which passport you are referring to?
Good information, but India goverment can revoke OCI anytime, no guarantee
Sir, thank you very much for your video. Very informative. I have just one question. After receiving Canadian citizenship, is it possible to surrender my Indian passport and thereafter apply for Indian OCI card by sitting in India. Maybe surrendering my Indian passport has to be done with Indian consulate in Toronto. But what about the OCI application from India ?
Hi if you want to apply for OCI one of the person in comment section mentioned that you need to stay in India for 182 days before applying that is only info I have. Can someone call India agency who processes OCI application to know this and confirm?
Which website should we update our passport information when we renew our canadian passport ?
Please go through thr MEA/CGI website. It will direct you to right place
And what s MEA ?
@savioceg www.mea.gov.in/
Also can you invest in India using one of the local trading platform in India ?
Hi if you already have trading account converting to Non resident before citizenship and then foreign nationality is easier than trying to open directly as Foreigner. And rules are stringent
SIR,CAN I GET LOCAL INSURANCE FOR HEALTH PURPOSE?
Hi Keten yes very much. I recently had been to India band and will be sharing detailed info in a day or two
How much time it takes to get a OCI card. Greeting from mexico👏🇲🇽
Usual timeline here in Toronto is 4-6 weeks after submitting. I guess it might be same in Mexico 🇲🇽 too
How about kids educations in private schools and colleges and government colleges. Any extra taxes for oci ?
Government colleges will have the differences. Put schools and colleges won’t. Some of my friends kids are already studying in India. All they were asked is Aadhar card which one gets after 182 days stay
@@canadatriedandtestedoriginal thanks for your prompt response. Any additional taxes included for OCI?
@@canadatriedandtestedoriginalI really appreciate your work. I would like to ask its possible to submit passport surrender and OCI application at same time? Or i have to surrender passport first and wait for the surrender certificate then only i can apply for OCI? Your reply will be appreciated.
Thanks
Nhi milta adhaar card sir if child is born outside india and is a foregien national with oci card ,you get adhaar card only with if you have indian passport or indian birth certificate OR koi option nhi hai oci card pe bi nhi banta adhaar card , i got this information in october 2023 when i was in india.
@navneet740 you need to stay in India for 182 days to get Aadhar card
OCI agar renewal na ho toh India se wapis USA traveling karne mai koi problem toh nahi hai ?
Not sure. Will have to check.
OCI does not have expiry. You just need to update online your details at age of 20 and 50. Am I missing something?
I know but mai USA ja kar bhi toh update kar sakti hu ?
Or Mai apne dono passport old new carry kar sakti hu ? With my old oci.. ?
Can i apply for evisa and travel to india… my OCI is still processing
Hi can you can BLS once on this? One - will ensure you know how your OCI card can be collected later and where and also how others have done while going with evisa
Hello, I submitted my OCI application in the first week of September. Finally got a status update but unfortunately, BLS rejected it due to my father name missing a letter on the online application form, silly typing mistake by me. :(
Please help me understand the process of resubmitting the application, do I have to do the entire application again? Do i have to pay the fees again? They have me to re-do the online application, do I have to submit every single document with the checklist again? Get demand drafts again?
Need some guidance, I am really panicking here.
Hi my understanding is that BLS has rejected the application and not CGI. So your CGI DD is intact you will not have to submit that again. Can you check where the rejection is from. BLS or CGI? You may have to pay the service fee to BLS again in this case. Any way my suggestion is that you speak to BLS once. Just fill a new application and if you don’t-have access to the document which you filed just get new printout. My understanding is that your application is not rejected but being sent for correction and submission. Keep me posted
Hello sir .. what will happen to.our bank accounts in india .. if we get canadian passport??
OCI holders will have NRO and NRE accounts only.
From experience; you have following options:
1. Close the account.
2. Make it a joint account with family member so if any activity/action is required, they can take care of it. This is still challenging as with banks policy change, every now and then they will need one or other form re-signed.
3. Convert it to NRE/NRO account.
4. I dont guarantee anything with this option: leave it as such. If bank doesnt know, they dont care.
Good luck
What about u want to deal in agricultural activities in county which u hold passport
OCI can't buy new agri land. Inherited agri land is possible.
Hi, I have another question:
If I am stuck in a war zone (such as Israel, Ukraine, etc.) as an OCI card holder, will I be eligible for evacuation by the Indian government?
This is a tricky question. As far as my logic goes you are citizen of another country so the country to which your citizenship belongs to is responsible in that case. Will try finding answer to this though
@@canadatriedandtestedoriginal Yes, but in the recent years, India has been at the top when it comes to evacuation of it's citizens. Other countries have not been very efficient with evacuating their citizens in recent times.
Upon some initial search, I found out OCI card holders have been evacuated by the Indian government many times, but they have also been differentiated some times. Seems like a grey area to me.
My son has American passport and also OCI in the year 2018 now after his 5 and half years he has new passport should i renew OCI card ? should i upload any documents online to renew OCI card ?
Hi when passport changes you will need to update. till age of 20 yrs and at the age of 50. Can you go to OCI website and choose OCI misc service and upload new passport details online. I think there is no charge and consulate send you email confirmation of update of record at their end. Can you please keep me informed?
Hi can you please update me how it goes? Will be helpful for future
@@canadatriedandtestedoriginal Thank you very much for your information
Can I buy commercial or house land on OCI?
Yes. Except agriculture land
Sir soo it means that if i have a child like my daughter is studying in Germany and after she will get the citizenship of Germany and later the OCI also then if she decides that she wants to come back to India, is it possible!? does it will effect her germnay citizenship? OCI will give permission soo she can return anytime in india and live back here with germnay citizenship and whenever she wants she can move back!?
Looking forward towards your reply
Hi yes she can come to India with OCI anytime not just to study but also work in pvt companies. No restrictions
@@canadatriedandtestedoriginal great thanku sir
Can minor OCI holder can get Indian citizenship if we move back to India from Canada , or she has to wait till 18 years?
Good question. I am not sure about this part yet as minor can only relinquish Canada citizenship after 18 years
I was born in Burma(myanmar). And now I am a citizen of USA. My dad is Indian nationality. My mom lives with me in America and a US citizen. Can I get OCI?
Is your dad still Indian citizen? If yes go ahead
If my passport expires can I continue my stay in India with my OCI ?
Hi OCI holder need to have a valid passport which means not an expired one
I am holding UK Citizenship, along with OCI Card, it's been more than 180 days of my stay in India.
I am planning to go back to UK this week, do I need any exit permit or any special document ?
With OCI you can stay as long as you want to, even lifetime. No need of exit visa. Check how the taxation works
Hello, my daughter 16 years old and my son 11 years old please guide me for apply OCI card for children
ua-cam.com/video/K78GTnxG7R0/v-deo.htmlsi=radhGzq2v_mfrQoK this will help. Since they can sign on the form they need to sign
I am self-employed and own an online business that is regestered and taxed in USA. Can I work remotely and live in India
with an OCI visa?
Hi the answer is Yes. OCI will allow you to stay in India without any issues. How you work and where you work has nothing to do with OCI. When you are physically in India for more than 182 days it will impact taxation. You may have to consult a good tax consultant for on all the geography where you have ties. Thank you for asking this question
My spouse from Bangladesh thus she can apply for oci?
Unfortunately-no person, who or either of whose parents or grandparents or great grandparents is or had been a citizen of Pakistan, Bangladesh or such other country as the Central Government may, by notification in the Official Gazette, specify, shall be eligible for registration as an Overseas Citizen of India Cardholder.
Here is the link ociservices.gov.in/
How do I get a copy of a OCI? ….my dad passed away and he had dementia so we have no clue where his OCi or passport is.
Hi when applying OCI the current nationality passport details would have been given. Can you reach out to MEA and drop them the query. They must be able to give you input on this.
oci is a visa , so who ever holds it, is not an indian anymore . Your problems (both professional and personal ) will be now the problem of your new „home country“ . Btw pls don’t come to india to do yoga 😅
You're volume is to low keep your mic near y mouth
Hi thank you for the feedback. I am using wireless mic. I will check again however can you tell me if you watched in mobile, laptop or TV?
Hi there....3.54... what service can you not join? Was it government?
@@montyloads Yes that is correct. You can join any corporate company, start business.