Nepal Eases Foreign Investment Process, Removes Cap for Automatic Route Approvals
Summary
Nepal has removed the NPR 500 million cap for foreign investment approvals via the automatic route, enabling investment of any amount in 102 sectors across seven industrial areas.
Key Points
- The Nepal government has removed the NPR 500 million limit for foreign investment approvals through the automatic route.
- The new policy allows unlimited foreign investment in 102 business sectors across seven major industrial areas.
- Approval certificates are now issued digitally via email within 7 working days after application through an online system.
- Specifically targeted sectors include energy, agriculture, infrastructure, tourism, IT, services, and manufacturing.
- Foreign investors must verify foreign currency sources with Nepal Rastra Bank after approval.
