Permanent residency (PR) is a visa status that allows the bearer of the PR card to legally reside in the host country without being a citizen of that country. In addition to residing in the host country, permanent residents can also work, study and access healthcare benefits.
In some cases, permanent residents may be afforded additional benefits. Permanent residents of Schengen Area countries, for example, are permitted to travel within the Schengen Area without a visa or live in other Schengen states for up to three months within any six-month period.
Permanent residents can usually apply for full citizenship after a set period of time, depending on the host country.
Residency-by-investment is a method of gaining permanent residence in another country through means of investment.
Most residency-by-investment programmes require the applicant to invest in real estate or government bonds. In return, the investor is granted a permanent residency card, allowing the holder to live and work in the granting country.
Next Generation Equity is a world-class provider of second citizenship and residency programmes tailored to the individual needs of discerning clients across the globe. We deliver proven bespoke investor solutions and services and practical support every step of the way.
We will help you create the opportunities you need to discover personal and professional freedom today, whilst securing your family’s future for tomorrow.