Nepal•AsiaVaries
Free
Varies (Renewable annually. Path to permanent residency.)
Yes
Not Required
Allowed
Available
Not Required
Long-term residence visa for internationally reputed persons, significant investors (minimum USD 100,000 in Nepali industry), development contributors, or foreigners intending to spend life in Nepal without working.
The Residential Visa is a long-term residency permit designed for foreign nationals who intend to live in Nepal for extended periods without engaging in local employment. This visa is specifically tailored for internationally reputed individuals, significant investors, and retirees who meet specific financial criteria. It is an ideal option for those who wish to make Nepal their home, providing a stable legal framework for continuous residency. Unlike short-term tourist visas, the residential visa allows for a more permanent presence, enabling residents to settle into the country's social and cultural environment while adhering to the established immigration regulations.
Eligibility for the residential visa is rigorous, requiring applicants to demonstrate significant financial stability, typically through a minimum annual income of 20,000 USD and equivalent savings. Investors must also meet substantial investment thresholds in Nepali industries. The application process involves obtaining recommendations from relevant government ministries and providing comprehensive documentation, including character certificates and health reports. Once granted, the visa is usually issued for one year and is subject to annual renewal. It is a prestigious category that reflects the government's commitment to attracting individuals who can contribute positively to the economic and social fabric of Nepal.
Must fall into one of the eligible categories: person of international reputation, person making outstanding contributions to Nepal, investor of at least USD 100,000 in an industrial enterprise, or a foreigner intending to live in Nepal without working.
Must provide proof of financial sufficiency (e.g., USD 20,000 bank balance/annual income for non-business residents).
Must be at least 60 years old (for retirees) or provide proof of retirement.
Must obtain necessary recommendations (e.g., from the Department of Industry for investors or Ministry of Home Affairs for others).
Education
none or higher
Investment
100,000 EUR
Valid passport
Passport photos
Bank statement
Income certificate
Health certificate
Embassy NOC
Character certificate
Credential documentation
Expenditure statement
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