I've been checking out these posts for the last couple of weeks, and like many NRIs & PIOs, was hoping that by 15th of August we would have the option of applying for OIC. Judging from the above articles, it seems that three bills have been passed since the last couple of years, with two amendment bills in this current year itself. I personally think that the whole process is now going to take a lot longer, since voting rights might be introduced, and NRIs & PIOs from all countries other than Pakistan, Bangladesh and a few others will be allowed to apply for OCI.
I have a question that I just can't find the answer to. I currently have a 5-year multiple entry X-Visa to India; if I wanted to stay in India for longer than the 6 months, I would have to register with the FRRO and I understand the same is also the case if I had a PIO card. Is it true that with a PIO card I would be able to conduct a business in India as a sole trader, but not so with a 5-Year X-Visa? With a PIO card, if I was to start a business in India, and once the 6-months are up, I could register with the FRRO. Would the reason for looking after my business be enough for the FRRO to allow me to stay in India for longer than the 6 months?
Another thing I would like to know is that with a 5-year multiple entry X-visa, once the 6 months are nearly over, would I not be able to go off to a neighbouring country such as Sri lanka and then return the next week back in India and then allowed to stay for another 6 months?
Thanks in advance for any help with the above questions.