India.
How India sells residence for investors (golden visa): one programme, now closed. Every number and rule below links to the document it comes from.
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- prices and rules
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- documents and articles
India Permanent Residency Status (PRS) for foreign investors
Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.
Notes from the research
Approved by the Union Cabinet on 31 Aug 2016: a 10-year multiple-entry residency status, renewable for 10 years, for foreign investors who bring in at least Rs 10 crore within 18 months or Rs 25 crore within 36 months and create at least 20 jobs for resident Indians each financial year; holders may buy one residential property and family members may work and study. Launched 2016-10-17: date of the Home Ministry order, as given in the Ministry's 2017-18 annual report (the order itself is not stored); the Cabinet approval release is dated 31 Aug 2016; the implementing visa-manual provisions, any start date of applications and any counts of PRS granted were not found. Reports say Pakistani nationals are excluded (not in the stored text).
Prices and rules
What is measured
No published numbers found for this programme. That is itself worth knowing: see the notes and the documents below.
What happened, and when
The 2 documents behind this page
- 2018-03 · GovernmentAnnual Report 2017-18 · Ministry of Home Affairs, Government of India
- 2016-08 · GovernmentCabinet approves grant of Permanent Residency Status to Foreign Investors · Prime Minister's Office, Government of India (pmindia.gov.in)
Who buys passports and golden visas, what they cost, and what happens when governments change the rules. Written from this data, in the newsletter.