Guide to Residency

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Residency

THE BASICS ABOUT Residency

What’s Residency?

Residency Isn’t the Same Thing as Citizenship – But It Can Be the 1st Step to Citizenship

Residency is the state of having a legal permit to live and work in a country.

To retain your residency permit, most countries stipulate conditions that must be followed.

As a resident of a country, you’ll have the legal right to reside there for a certain period, but you’re unlikely to have the same rights and privileges as a citizen of that country.

different residency types

Permanent Residency vs Temporary Residency

Depending on the country where you’re applying for residency, you’ll usually be required to apply for an entry visa first.

Below are the usual features of temporary residency versus permanent residency:

Permanent Residency

There's no time limit on your stay in the country.
Never expires.
Requires proof of a stable living arrangement.
Requries proof that you can support yourself and any dependents.
Requires proof of your physical heath (and, potentially, proof of health insurance).
Requires a clean criminal record.
Requires proof that you know the country's language.
Requires that you pass an integration into society test.

Temporary Residency

Only valid for a stipulated period of time (for example, 2 years).
Must be renewed before it expires.
Requires proof of a stable living arrangement.
Requires proof that you can support yourself and any dependents.
Requires proof of your physcial health (and, potentially, proof of health insurance).
Requires proof of a clean criminal record.

residency overseas

How Do I Get Residency in Another Country?

The pathway to getting residency in another country will vary, depending on the country and its regulations.

You usually have to meet certain requirements to get residency in another country.

qualifiying

Who Qualifies for Residency?

You qualify for residency if you meet the requirements for residency in that country.

Generally, if you don’t have a criminal record and can prove you have good reason and the means to live in that country, you’re likely to meet the minimum criteria.

different methods

What Are the Different Ways to Gain Residency?

The different ways to gain residency generally include proof of professional involvement in a business or public entity, proof that you’ll be studying at an education institution, marrying a citizen of that country, or investing in the country.

Residency by Investment

What’s Residency by Investment?

Residency by investment is a way of obtaining residency by investing capital into that country.

You can invest in a country by purchasing property in that country or by contributing funds to a government-approved business or public entity.

How Do I Get Residency in Another Country?

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Who Qualifies for Residency?

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What Are the Different Ways to Gain Residency?

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What’s Residency by Investment?

Residency by Investment Options

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Why Choose Residency by Investment?

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Important Points

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faq

Common Questions About Residency

Here’s a list of popularly asked questions about residency:

Which Is the Easiest Method to Gain Residency?

One of the easiest ways to get residency quickly is by investment.

What Are the Best Companies to Use When Applying for Residency?

The best companies to use when applying for residency are companies with a proven reputation.

How Long Does It Take To Be a Resident of a Country?

The length of time to become a resident of a country varies, depending on the country and on the type of residence you’re applying for.

Can You Have Residency in Multiple Countries?

Yes, you can have residency in as many countries as you wish.

Which Is the Safest Country to Apply for Residence?

The safest country to apply for residence is widely considered to be the USA, with Canada, Malta and Portugal also ranking highly.

In Conclusion

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