Nepal Rastra Bank has introduced a provision allowing IT service exporting companies to invest up to USD 20,000 abroad without meeting additional conditions. The amendment to the Foreign Investment and Foreign Loan Management Bylaw 2021 is intended to support the international expansion of Nepal’s IT sector. Companies that have earned foreign currency from exports over the past three fiscal years are eligible for this facility. For larger overseas investments, firms may exchange up to 50 percent of their average annual export earnings or USD 1 million—whichever is lower—within the limits of their paid-up capital.