Latest News for NRIs in Bhutan

This page is a dated log of specific regulatory and bilateral developments already reflected in this platform's guides for Bhutan, not a real-time news feed. Each item links to the full guide covering it.

India-Side and Bhutan-Side Developments Affecting NRIs

• Bhutan graduates from Least Developed Country status (13 December 2023)

  Bhutan became the seventh country ever to graduate from the UN's LDC category, confirmed via WTO, UN OHRLLS, and UNCTAD sources.

  Business for NRIs
• Gelephu Mindfulness City announced (17 December 2023)

  Bhutan's King announced a new Special Administrative Region spanning roughly 2,500 square kilometers on the India-Bhutan border, with India expressing support for the initiative.

  Business for NRIs
• Prime Minister Modi visits Bhutan and receives the Order of the Druk Gyalpo (March 2024)

  Bhutan's highest civilian honor, awarded to PM Modi as its first foreign recipient, reflecting the closeness of the bilateral relationship discussed in this platform's Immigration guide for Bhutan.

  Immigration for NRIs
• FEMA repatriation limit -- USD 1 million per financial year (Standing rule)

  Sale proceeds and other eligible balances in an NRO account can be repatriated abroad up to USD 1 million (or equivalent) per financial year, subject to Form 15CA/15CB certification by the authorized dealer bank.

  Compliance for NRIs