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What is the difference between NRI, PIO, and OCI ?

422422
edited August 2012 in Miscellaneous
What is the difference between a) NRI b) PIO and d) OCI. Why was OCI and PIO in news recently?

Comments

  • Welcome back Pan Singh Tomar....keep posting such questions.

    btw after surfing web, I found some useful links:

    http://mha.nic.in/pdfs/intro.pdf
    http://www.nrirealtynews.com/nri-info/difference-between-nri-pio-oci.php

    Regarding the issue for which it was in news:
    I think issue was recent hike in interest of NRIs to visit India due to increasing opportunities. By OCI, they can come India anytime without need of visa and stay in India as long as they want.
    For India, it will be helpful as India needs investment badly.

    I also think I am beating around the bush. Please someone enlighten us on the issue. :)
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