Overseas Citizens of India (OCIs) enjoy certain rights and privileges in India, including the ability to acquire and own immovable property. This right, however, is not absolute and has some specific restrictions. For instance, agricultural land, farmhouses, and plantation properties are generally excluded from permissible purchases. A typical scenario might involve an OCI acquiring a residential apartment for personal use or an office space for business purposes.
The ability of OCIs to own property facilitates stronger ties with India, encouraging investment and contributing to the nation’s economic growth. It offers a sense of belonging and security to those who have established their lives elsewhere but retain a strong connection to their Indian heritage. Historically, these rights have evolved alongside India’s diaspora policies, reflecting the nation’s recognition of its global citizens’ contributions.
