Full Form of BIV

What is BIV?

The Bilateral Investment Visa (BIV) is a specialized visa category introduced by the Government of India to facilitate foreign direct investment by streamlining entry and stay for overseas investors. Designed under the broader framework of the Foreign Direct Investment (FDI) policy, BIV allows foreign nationals to enter India for investment-related activities, including project evaluation, board meetings, and capital deployment, without the need for frequent renewals. It is issued for longer durations compared to standard business visas and often permits multiple entries, making it easier for investors to manage long-term ventures. The BIV is part of India's effort to improve the ease of doing business and attract global capital into sectors such as manufacturing, infrastructure, and technology. This visa is typically granted to individuals making significant financial commitments as per thresholds set by the Department for Promotion of Industry and Internal Trade (DPIIT). It is used at immigration checkpoints across major Indian airports and is referenced in corporate legal documentation. For students aspiring to careers in international business or law, understanding BIV is relevant for UPSC, banking, and commerce exams where FDI and visa policies are frequently tested.

BIV का फुल फॉर्म

Example

The Ministry of Commerce introduced a streamlined BIV process for foreign investors to boost FDI in India.

BIV — frequently asked questions

Related full forms