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Legal Opinion Request – Employment and Golden Visa Matter

Frequently Asked Legal Questions and AnswersCategory: Employment / Labour LawLegal Opinion Request – Employment and Golden Visa Matter
Papai asked 2 years ago
I am writing to seek your professional legal opinion on a matter that is of great importance to me. This is regarding Employment and Golden Visa Matter. I would be grateful if you could spare some time to carefully review the details below.

Background

I am currently working as an employee at a Central Public Sector Enterprise. I recently availed the LRS (Liberalised Remittance Scheme) channel of RBI. In fact, this is to invest in a house in a European country in late 2021. The investment amount was within the permissible limit of USD$250,000 for a resident Indian. The funds in this investment were derived from my personal savings and a significant portion from gifts given by my parents. The gifts were transferred to me through notarized gift deeds, and I am the sole recipient of their savings. Tragically, I lost my father shortly after this transaction.Legal Opinion Request - Employment and Golden Visa Matter Ask legal doubt of Legal Opinion Request - Employment and Golden Visa Matter | Advice & Consultation | Top Lawyers in Chennai, Law firms Best Legal Services 24x7I have duly informed my employer's HR department about the overseas property purchase. In fact, I submitted the required Proforma S & Property Return. However, I have come to know that the country in which I purchased the property offers a program known as 'golden visas,' which grants temporary residence permits for investment purposes, and this program is scheduled to be discontinued soon. My lawyer in that country, who holds my Power of Attorney and assisted with the property purchase, is recommending that I apply for this golden visa before it ceases.

Concerns

The golden visa would provide me with the convenience of traveling to Europe without requiring a Schengen Visa, and it may also prove beneficial if I decide to relocate to that country after retirement, provided I continue renewing the golden visa every two years.My concern lies with how my employer may react if they become aware of my application for the golden visa. There is no established procedure for me to inform them about this matter, nor does our organization's service rules address such a situation explicitly. I am uncertain if my employer could take any adverse action against me in such a scenario. Moreover, I would like to understand if I have any legal recourse to protect my rights if such actions is in progress.Read More

Request of Legal Opinion - Employment and Golden Visa Matter

Given the complexity of this situation, I sincerely request your expert legal opinion. Your experience and insights will be invaluable in helping me make an informed decision. I understand that the matter is urgent, and I kindly request a prompt response. Along with your opinion, please provide information about your professional fees for this Legal Opinion service - Employment and Golden Visa Matter and the necessary payment details for an electronic transaction. For reasons of confidentiality, I am unable to disclose the name of my employer at this stage. I genuinely appreciate your attention to this matter and thank you in advance for your time and consideration.
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