In the recent past, an increased number of ultra-high net worth individuals and families started using jurisdictions outside India such as Singapore and Dubai to open ‘family offices’ to utilise a...
Published On: 01/12/2016
Practice Area: Private Equity, Venture Capital and Fund Investment, Private Client
Authors:
Ran Chakrabarti
Stuti Agarwal
Taking forward its Make in India initiative, on August 31, 2016, the Union Cabinet approved the scheme for grant of permanent residency status (“PRSâ€) with multiple entry to foreign investors, provided they fulfil certain conditions.
