Foreign Citizen |
Indian Citizen |
Indian Origin |
Non-Indian Origin |
Resident |
Non-Resident |
Investment made from local funds |
Investment made from foreign
funds |
Investment made from local funds |
Investment made from foreign
funds |
No Approval is required under
FERA |
Investment made from local funds |
Investment made from foreign
funds |
Prior RBI permission required |
Prior permission of RBI not
required |
Permission generally not given
by RBI |
Prior permission from RBI required |
- |
No approval necessary under FERA |
Declaration in form IPI-7 necessary
if repatriation facility required |
Application in form IPI-1 |
Declaration in form IPI-7 |
- |
Application in form IPI-1 |
- |
- |
- |
No repatriation of sale proceeds |
Repatriation of original investment
allowed after 3 years on applying to RBI
in form IPI-B |
- |
No repatriation of sale proceeds |
- |
- |
Repatriation of original investment
allowed on applying to RBI in form IPI-8 |