What are privileges of having NRN Card?

-Identity of the status of the person as NRN
-Free Visa to enter and stay in Nepal (for persons having citizenship of countries other than SAARC Countries)
-Right to open a bank account in convertible foreign currency
-Eligibility to make investment in convertible foreign currency
-Provision to repatriate proceeds of the investment out of Nepal in convertible Foreign currency if investment made in the same currency
-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
-Tax Exemption on initial capital of investment
-Certificate of Investment Tax Exemption on upto NPR15 Lakhs remittance to close relatives of NRN in one fiscal year for personal expenses
-Tax exemption on the remitted funds via formal banking channel for the Social, Political, Cultural, Religious, Charity, Sports and Disaster Relief Projects
-Rights to establish Industry and Business and enjoy investment facilities as enjoyed by Foreigners