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Procedure Name Provision Relating to Visa for foreign investment and technology transfer
Description

The Foreign Investment and Technology Transfer Act, 2049 (1992)

Section 6: Provision Relating to Visa

1)      A foreign national visiting Nepal in connection with undertaking any study or carrying out any research with the objective of making investment in Nepal shall be provided a non tourist visa for up to six months.

2)      A foreign investor or dependent family or authorized representative of such a foreign investor and department family of such authorized representative shall for the purpose of stay in Nepal be provided a business visa until the foreign investment is retained.

Provided that a foreign investor who, at a time, makes investment in an amount no less than one hundred thousand United States dollar or in convertible foreign currency equivalent thereto, and his/her dependent family shall be granted a residential visa until such investment is retained.

1.       Visa Application

2.       Recommendation from the Department of Industry.

3.       Registration of business/tax clearence.

4.       Progress report of the business from Department of Industry.

5.       Bio-data of the investor.

Passport and copies of Passport along with a copy of the latest visa page

Category Procedure


Title Description Create Date Update Date Issued By File



Name Measure Type Agency Description Comments Legal Document Validity To Measure Class
Provision Relating to Visa for foreign investment and technology transfer Formality Requirement Ministry of Industry To promote foreign investment and technology transfer for making the economy viable, dynamic and competitive through the maximum mobilization of the limited capital, human and the other natural resources. Provision Relating to Visa for foreign investment and technology transfer The Foreign Investment And Technology Transfer Act 2049 (1992) 9999-12-31 Goods