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          FEMA

          Making Overseas Investment by resident individual

          Capital Account Transactions

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          Overseas investment by resident individuals: permitted modes, ESOP exceptions, gift/inheritance treatment, and reporting obligations under applicable rules. Resident individuals may make overseas investments as ODI or OPI in specified modes including direct investment in operating foreign entities, capitalisation of amounts due, swaps, rights/bonus issues, gifts, inheritance, sweat equity, minimum qualification shares and ESOP/Employee Benefits Scheme acquisitions; investments under ten percent that do not confer control are OPI. Gifts and inheritance from certain persons are unlimited and not reckoned under the LRS. Reporting obligations exist under Overseas Investment Regulations and LRS where applicable; swaps and repurchases carry specific compliance and reporting conditions.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Overseas investment by resident individuals: permitted modes, ESOP exceptions, gift/inheritance treatment, and reporting obligations under applicable rules.

                                  Resident individuals may make overseas investments as ODI or OPI in specified modes including direct investment in operating foreign entities, capitalisation of amounts due, swaps, rights/bonus issues, gifts, inheritance, sweat equity, minimum qualification shares and ESOP/Employee Benefits Scheme acquisitions; investments under ten percent that do not confer control are OPI. Gifts and inheritance from certain persons are unlimited and not reckoned under the LRS. Reporting obligations exist under Overseas Investment Regulations and LRS where applicable; swaps and repurchases carry specific compliance and reporting conditions.


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