Basic Difference Between OCI and PIO

My acquaintance with these terms came when I got my Australian passport and wanted to visit India.I had to apply for a visa which of course would limit my stay in India.I wanted some thing long term.So decided to check out and found Oversees Citizen of India(OCI) more beneficial as compared to rest of them.OCI offers unlimited travel,is life long and you can buy property in India(excluding agricultural land) where as Person of Indian Origin(PIO) is valid for 5 years..Any more information please share it for our community in Australia

For Example one of my friends who recently become a Australian citizen would continue to own and hold inherited agricultural land and/or houses even after acquiring foreign citizenship. Though he would not be allowed to buy any agricultural land, there is no restriction on holding inherited land. This principle will not change even if he were to acquire a PIO/OCI card. Eventually when he sells the land, he will have to sell it to a Resident Indian only and not to an NRI or a PIO. However, this is as per the law as it stands today. Since he intends to sell the land after a few years, FEMA provisions existing at that point in time will be applicable.

Some Handy Websites for you.

Indian High Commission in Australia