What facilities are available in case of private visits and for emigration under the Liberalized Remittance Scheme (LRS) ?

Liberalized Remittance Scheme (LRS) Facilities: 1. Private Visits: For private visits abroad, other than to Nepal and Bhutan, resident individuals can obtain foreign exchange up to an aggregate amount of USD 2,50,000 from an Authorised Dealer, in any one financial year, irrespective of the number of visits undertaken during the year. All tour related expenses including cost of rail/road/water transportation; cost of Euro Rail; passes/tickets, etc. outside India; and overseas hotel/lodging expenses are to be subsumed under the Liberalized Remittance Scheme (USD 2,50,000 per Financial Year). The tour operator can collect this amount either in Indian rupees or in foreign currency from the resident traveller. 2. Emigration: A person wanting to emigrate can draw foreign exchange from AD Category I bank and AD Category II up to the amount prescribed by the country of emigration or USD 250,000. Remittance of any amount of foreign exchange outside India in excess of this limit may be allowed only towards meeting incidental expenses in the country of immigration and not for earning points or credits to become eligible for immigration by way of overseas investments in government bonds; land; commercial enterprise; etc.