You are here: Forum > Living in Asia > Nepal > Visas > Residential Visa

#1  2012-02-24 05:41:57

ErinErin
New member
From: Bon Secour
Registered: 2012-02-24
Posts: 2

Residential Visa

Hi everyone,

I am considering moving to Nepal to live there permanently or for several years. I have been researching ways to stay there past the 90 day tourist visa. I read on the department of Immigration website that a foreigner can be granted a residential visa if they meet this condition: "Any foreigner intending to spend life in Nepal without carrying on any business."

http://www.immi.gov.np/visa/residential-visa

Please check it out and see if I understood that correctly.

Is this true? I do not want to spend thousands of dollars investing in a company if it isn't necessary. If I move there I will not be conducting any business in Nepal. Any money that I acquire will be made in the United Stated and sent to a U.S. bank account. I will be living on my own money which I will have transferred to Nepal from my U.S. account. I will be there strictly as a consumer. Do I qualify for this visa, or will I still be required to invest in an expat company?




 
 
 
 

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#2  2012-02-24 08:43:57

Harmonie
ViP
Harmonie
From: Mauritius/Ile Maurice
Registered: 2011-06-13
Posts: 19273

Re: Residential Visa

Hi ErinErin and welcome to Expat Blog!

Hope that you'll soon get responses.wink

Harmonie.




 

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#3  2012-02-24 11:33:47

jw
Active member
From: Kathmandu
Registered: 2009-06-18
Posts: 63

Re: Residential Visa

Hi Erin,

The rules and regulations around a residential visa are not intimately familiar to me, and I would have to advise you to contact a lawyer for all the fine details, but...

In line with other visa's I would expect that to get your residential visa renewed after the first year, you would have to prove yearly that you have actually spend at least US$ 20,000 (or eqv.) during the previous 12 months. Both by showing you transfered at least this amount from your home bank to your Nepalese bank account, and by showing you have spend this in your bookkeeping and be able to back this up with invoices, etc.

A friend of mine who lives in Nepal on a retirement visa has the same stipulation to spend at least US$ 20.000 yearly, and she has a very hard time finding ways to spend this much money on in Nepal. She used to fake bills and invoices, but since recently the tax office has started checking companies on VAT fraud, is has become a real pain to obtain enough real and/or fake bills to prove her expenditures.

I hope this helps some...


Jorge.




 
 
 

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#4  2012-04-25 15:19:43

MadagascarNow
Active member
MadagascarNow
From: Bhaktapur
Registered: 2010-12-12
Posts: 49

Re: Residential Visa

There are ways to stay longer without having to start a business. There are a couple of things you should not do. You should not go to the immigration office and ask one of the guys standing around the tables to 'help' tourists. These guys are scammers for the most part. You cannot tell who is legitimate and who isn't. You should never give them any money. You can read about all the visa types from the big signs on the wall. It is straight forward and very simple to understand.

The residential can be a bit difficult because the government wants the culture to remain intact. Please feel free to email me for more information. I'm in Nepal and just lost electricity. I do know of a couple of things...




 
 
 
 
 

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#5  2012-07-25 12:02:40

Stanjee
New member
From: Savagnier
Registered: 2012-07-25
Posts: 1

Re: Residential Visa

Namaste Amanda

Thank you for your precious infos about residential visa. I'm also planning to move in Nepal very soon. I'm working for a nepali NGO called The WOmen's Foundation of Nepal and I've been several time in Nepal. You wrote the residential visa can be a bit difficult. What do u mean exactly? I have a small budget and today I'm not going to marry a nepali woman. What are my options?

Thanks in advance for your help

Stan

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#6  2012-08-28 13:45:25

walkedtheline
Active member
walkedtheline
Registered: 2009-09-04
Posts: 32

Re: Residential Visa

Nepal is the only country I know actually asks for a proof of spending, not enough just to transfer the money to your account.




 
 
 
 

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