Kathmandu, Sept 9 - The government has made legal provisions for Non-Resident Nepalis (NRN) to enjoy unlimited entry visa, business facilities and rights equivalent to Nepali citizens.
In a bid to boost up the country's economy which is ailing form the ongoing conflict, the government has taken initiative to attract investment from Nepalis residing abroad by announcing an ordinance related to non-resident Nepalis recently.
According to the ordinance, the families of non-resdient nepalis willing to invest in the country will be given an initial visa for ten years.
The provision also allows a NRN to renew the visa for another ten years at a time. They will also be allowed to invest in foreign currency and take their dividends in the same currency.
They will be given a separate identity card and will be free to move to any parts of this country like a common citizen.
The government’s ordinance comes in response to repeated demands by the NRN Association for a separate ordinance to facilitate them to invest and reside in Nepal.
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