Posted by: vasudev October 20, 2011
NRN:taking closer look!!!
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 @ wonton I totally understand people wanting to come back and invest in their country of origin. But why do they need dual citizenship? They have all right to own property and do business.
 
Please read this article "Curious case of Sharad Vesawkar"

http://www.ekantipur.com/2011/10/15/sports/curious-case-of-sharad-vesawkar/342220.html
 
Does not having Nepalese citizenship make him any less Nepali?
 
And, yes you cannot not change laws just because you want something to be more easy. US still abides by the Bill of Rights.
 
Dual nationality is not permitted under Nepal law. Termination is covered in Section 10 of the Nepal Citizenship Act 2006.
 
Section 11 of the Nepal Citizenship Act provides for any person who has relinquished the citizenship of Nepal and desires to again become a citizen of Nepal to reacquire Nepali citizenship. The person must submit an application, along with evidence of his having been a citizen of Nepal previously, and also of having relinquished any foreign citizenships he has held.
 
@ chaurey I don't think there is any law that forbids them from owning property or doing business.
For the PNO(people of nepalese origin) the NRN card allows:
 
To hold on to the property they had in their name as Nepali citizens (no need to sell to Nepali citizens)
 
To come to Nepal any number of times and live in Nepal any number of days
 
No visa fee at the time of arrival
 
Right to buy limited amount of property
 
Open bank account and do business in Nepal
 
The card in a way establishes the right of the PNO to have some rights in Nepal, but not the same as Nepali citizens.
 
@ ans Nopes, please get your facts straight. The Constitution of India forbids dual citizenship or dual nationality, except for minors where the second nationality was involuntarily acquired. There is Provision for Overseas Citizenship for India (OCI) which sometimes mistaken for Dual citizenship.
 
 
I seriouslly have doubt this Organization respresents the interest of Nepalese people who are residing outside the country. 
 
Allthough , I am no expert on this matter,I went through Income Tax Act, 2058 became effective since Chaitra 19, 2058 (01, April 2002). I found nowhere there is unfair treatment toward non residents.

http://www.ird.gov.np/information.php?c=Income%20Tax
 
I was more pissed off by fake overblown contribution that these people are claiming to make. The whole organization is politically infileterated and claims to represent geunine interest of people. 

Next time, you see these people asking for dual citizenship..Please politely show them middle finger,
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