Permanent Residency Visa
Migration is an age old concept and people keep migrating to the places they feel better to live in. Today it is mostly based on the job opportunities, healthcare facilities, educational standards, economic growth, safety, security and prosperity of the family. Immigration can be of two types i.e., temporary and permanent. Temporary residence is available in almost every country while the permanent residency visa is available only in a few countries. To apply for the permanent residency visa to any country there are some requirements that the applicant should meet. These requirements vary from country to country.
Which Countries Offer Permanent Residency Visa?
There are many countries that offer Permanent Residency Visa to the foreign nationals. The Permanent Residency Visas lead to citizenship. The Permanent Residency is the permission given by a country to a foreign national to live in its country for the duration and validity of the permanent resident permit. Most of the countries require a few years of stay in the country by the foreign nationals before they can apply for a citizenship.
Below are the most popular countries that offer Permanent Residency Visa to the foreign nationals:
- St. Kitts
- Antigua & Barbuda
- St. Lucia
- United States of America
- Cayman Islands
- United Kingdom
- New Zealand
- Czech Republic
- Hong Kong
What are the Benefits of Permanent Residency?
Undoubtedly, permanent residency offers a lot of benefits to the foreign nationals coming to reside in a different country to live permanently. In most of the countries that offer permanent residency the permanent residents get equal rights as of the citizen except right to vote. But, once they become citizen they get voting rights as well.
There are a lot of things that you need to consider while you apply for Permanent Residency Visa in another country. In many countries that doesn’t allow dual citizenship you may have to relinquish your citizenship of the country you were born in or you hold the current citizenship of.
Also, Permanent Residency is a complex and long process so you need to consult the experts in the field and be patient while your application is in process and you get final decision from the immigration authorities from the country you applied to. In some countries the Permanent Residency application approval or final decision may take up to 2.5 years, while in some countries you may get final decision in less than 6 months. Contact us for more detail.
Residency by investment is one of the most preferred and fastest immigration pathways globally. By choosing Residency, applicants are not required to renounce their native country’s citizenship. Many countries like India does not allow dual citizenship. In this scenario, Indian applicants can retain their Indian citizenship, determine any foreign permanent residency, and continue to enjoy both countries’ benefits.
A residence investment program is a process wherein the applicants must invest a certain amount in business, government bonds, real estate property, or development funds. The applicants are entitled to avail all the Residency and social benefits of that particular country. Some countries do not even have physical residency requirements; however, some countries require a physical presence. By staying in the country, the applicant is eligible to attain Citizenship or Passport by the process called Naturalization.
What is the difference between temporary and permanent residence?
Temporary residence is granted for a limited period for study, employment, or business establishment. As a temporary resident, the applicant cannot attain the Residency and social benefits of that country. According to experienced Business visa consultants, aspiring business professionals can enter the country as a temporary residency to conduct exploratory business visits for searching business possibilities.
Permanent Residency, on the other hand, is granted indefinitely with physical residency requirements. The permanent Residency is also subject to renewal in case of any discrepancy. PR holders will get citizenship provision after specific years wherein a temporary resident may have to wait longer. Permanent residence status offers the applicant almost identical rights and benefits as the residence investment country’s citizens. Permanent residents can settle with the family, work, study, conduct business, and attain another country’s citizenship without any time restrictions.
What are the benefits of Residency by investment?
- Faster Process: The residency programs are generally more straightforward and quicker to get a second residence in your chosen country.
- Greater mobility: Most of the European countries offer residence by investment programs which means the applicants will get visa-free mobility throughout all Schengen states
- Quality of life: All the countries under permanent Residency have high living standards, excellent quality of education and healthcare coupled with economic and political stability, and low crime rate.
- Residence for entire family: Under the Residency by Investment program, complete family is eligible for permanent Residency with provision for family and relatives sponsorships.
- Business Opportunities: Once acquired the Permanent Residency, applicants can conduct business activities in these countries with modern, open, and highly developed economies with low business costs.
- Tax Optimization: Some countries are known as “Tax Haven” under the residency pathways wherein applicants do not need to pay taxes on income earned overseas, inheritance, gift, or capital gains.
What are the programs under residence by investment?
There are many countries that allow foreign business professionals and skilled professionals to invest in a business, Government Bonds, Real Estate Property, or Development Funds. Different countries have separate application processes and varied processing timelines. Considering the extensive paperwork and complex nature of business and Immigration authorities, it would be better to hire the services of experienced and authentic Business visa consultants. Below is the detailed list of countries that offer Residency by Investment programs:
- United States
- United Kingdom
- New Zealand
Visa Immigration Agent
Why Choose Visa Ray (Us)?
We don’t call us a company, rather we can us a Team (Us). There is no day at Visa Ray when we don’t work either in the office or from our homes or wherever we are. We are always available to our clients even on the Christmas Eve. Most of our team is built with the migrants those who or their parents migrated for a better future and that’s what we promise and want for our clients. Every client is equal to us and we treat them as one of Us.
Visa Ray is comprised of specialists with years of experience into immigration that hail from various backgrounds like law firms, business advisory, student counsellors. As such, First Impressions will never assign second-tier support staff to any client account.
Our Professional Fee
Our fee is competitive and fair. There are no hidden or extra charges. We have no fancy offices and we don’t use phones to keep our expenses as low as possible and that’s why we offer the most competitive fee structure to our clients. Any unexpected or additional expenses must be pre-approved by you. That’s how we would like to be treated, and that is how we treat our clients.
We are highly confident in our promise to serve you better. Our focus is to build long term relationships with our customers, not simply a quick sale! That’s the reason most of our business is through our referral clients.
This is Our Bread & Butter
Client’s success is our main aim and focus. Immigration is our bread and butter. We have specialised in visa & immigration matters and concentrate in this field only, unlike many others who deal with all other types of business.