Chapter-5 Exemptions, Facilities and Concessions to be Provided to Industries with Foreign Investment or Foreign Investors

Section 30: Provision Relating to Visa Facility

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1) The non-tourist visa not exceeding six months shall be granted to a foreign citizen who visits Nepal to conduct a study, research or survey for foreign investment.

2) The business visa shall be granted to a foreign investor or one authorised representative of him or her and the family members of such an investor or representative to stay in Nepal until the foreign investment equal to such minimum amount as prescribed is maintained.

Explanation: For the purpose of this Section, the term “family member” means the husband or wife, father, mother and minor son, or daughter of the foreign investor or his or her authorised representative.

3) Notwithstanding anything contained in sub-section (2), in the case of an investor who makes an investment exceeding the prescribed amount, such facility shall be provided only to a maximum of two persons and their family members.

4) The residential visa shall be provided to a foreign investor who makes foreign investment in an amount exceeding one million US dollars or in convertible foreign currency equivalent thereto at one time or to the authorised representative of him or her and the family member of such a person until the foreign investment equal to such minimum amount as prescribed is maintained.

5) The tourist visa shall be provided to any foreign expert, technical or managerial employee to be employed in an industry in accordance with Section 27.

6) The body giving working approval and work permit for the non-tourist visa shall make a decision whether or not to give working approval or work permit after completing the necessary procedures not later than fifteen days.

7) Other provisions relating to visa facility shall be as prescribed.

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Section 30: Provision Relating to Visa Facility

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