यात्रा और गैर यात्रा संबंधी प्रेषण

Foreign Exchange can be released to Resident Indians for the following purposes:


I. Private Visit Abroad:

Limit: Up to USD 10,000 in one financial year for one or more private visits.

 

II. Visit abroad for Business/Conference/Training

Limit: Up to USD 25,000 per business visit irrespective of period of stay.

 

III. Employment

01. Limit: Up to USD 100,000 inclusive of processing/assessment fees for overseas job applications.

02. Foreign exchange up to USD 10,000 for private visit can also be released to a person who is availing of foreign exchange for travel outside India for Employment purpose.

 

IV. Emigration

01. Limit: Up to USD 100,000 or amount prescribed by country of emigration.

02. The prescribed limit is only to meet the incidental expenses in the country of emigration. No amount of foreign exchange can be remitted outside India to become eligible or for earning points or credits for immigration.

03. Foreign exchange up to USD 10,000 for private visit can also be released to a person who is availing of foreign exchange for travel outside India for Emigration purpose.


V. Medical Treatment / Maintenance Expenses

01. Limit: Up to USD 100,000 on self- declaration basis, without insisting on any estimate from a hospital/doctor in India/abroad.

02. Foreign exchange exceeding USD 100,000 can be released provided request is supported by an estimate from a hospital/doctor in India/abroad.

03. A person who has fallen sick after proceeding abroad may also be released foreign exchange for medical treatment as stated above.

04. Foreign exchange up to USD 25,000 can be released for maintenance expenses of a patient going abroad for medical treatment/checkup abroad.

05. If an attendant accompanies the patient going abroad for medical treatment / check up, foreign exchange up to USD 25,000 can be released for maintenance expenses of the attendant.

 

VI. Education abroad

01. Limit: Up to USD 100,000 or the estimate from the institution abroad whichever is higher per academic year.

02. Students going abroad for studies are treated as Non-Resident Indians (NRIs) and are eligible for all the facilities available to NRIs under FEMA. In addition they can receive remittances up to USD 100,000 from close relatives in India towards maintenance, which may include remittances towards their studies also.

03. Foreign exchange up to USD 10,000 for private visit can also be released to a person who is availing of foreign exchange for travel outside India for Study abroad.


VII. Cultural Tours abroad

01. Dance troupes, artistes etc. who wish to undertake cultural tours abroad, are required to obtain prior approval from the Ministry of Human Resources Development (Department of Education and Culture) Govt. of India, Delhi.

02. Foreign Exchange will be released on the strength of the sanction from the Ministry of Human Resources Development (Department of Education and Culture) to the extent and subject to the conditions prescribed therein.


VIII. Remittance for maintenance of close relatives abroad

01. Limit: Up to USD 100,000 per year, per recipient.
02. Close relatives are the relatives as defined in Section 6 of Companies Act, 1956.