Different classifications of Foreign Direct Investment (FDI) are found scattered in the literature of Finance, Economics and Business. They all have come to exist since FDI is considered from different perspectives. But most of the categories of FDI seem to have their appellation after being considered from the investors’ points of view while the classification of FDI from the perspective of host country is scarcely found in the literature. Furthermore, the existing taxonomy (from host country's perspective) is not adequate to explain the attitude of host economies towards foreign investment. Hence, owing to the revered researchers, the present study encompasses all of the antecedents and develops a comprehensive Taxonomy of FDI. The Classification of FDI from the perspective of host country is duly emphasized here.