What are privileges of having NRN Card?

1. Identity of the status of the person as NRN
2. Free Visa to enter and stay in Nepal (for persons having citizenship of countries other than SAARC Countries)
3. Right to open a bank account in convertible foreign currency
4. Eligibility to make investment in convertible foreign currency
5. Provision to repatriate proceeds of the investment out of Nepal in convertible foreign currency if investment made in the same currency
6. Purchase and sale of land (area as referred in NRNA bylaws) to limited extent Inheritance of ancestral property and ownership of that property in Nepal
7. Tax Exemption on initial capital of investment
8. Certificate of Investment Tax Exemption on up to NPR15 Lakhs remittance to close relatives of NRN in one fiscal year for personal expenses
9. Tax exemption on the remitted funds via formal banking channel for the Social, Political, Cultural, Religious, Charity, Sports and Disaster Relief Projects
10. Rights to establish Industry and Business and enjoy investment facilities as enjoyed by Foreigners