A Foreign person resident in India may hold foreign investment either as Foreign Direct Investment or as Foreign Portfolio Investment in any particular Indian company.
If you are a foreign professional working in India and satisfy the below conditions:
- You are not a resident Indian
- You are not a non-resident Indian or Overseas citizen of India
- You are a resident of the country whose securities market regulator is a signatory to the International Organization of Securities Commission’s multilateral Memorandum of Understanding (Appendix A Signatories) or a signatory to the bilateral Memorandum of Understanding with the Board.