Hi everyone,
I am considering moving to Nepal to live there permanently or for several years. I have been researching ways to stay there past the 90 day tourist visa. I read on the department of Immigration website that a foreigner can be granted a residential visa if they meet this condition: "Any foreigner intending to spend life in Nepal without carrying on any business."
http://www.immi.gov.np/visa/residential-visa
Please check it out and see if I understood that correctly.
Is this true? I do not want to spend thousands of dollars investing in a company if it isn't necessary. If I move there I will not be conducting any business in Nepal. Any money that I acquire will be made in the United Stated and sent to a U.S. bank account. I will be living on my own money which I will have transferred to Nepal from my U.S. account. I will be there strictly as a consumer. Do I qualify for this visa, or will I still be required to invest in an expat company?