Permanent residency refers to a person’s visa status. The person is allowed to reside indefinitely within a country of which he or she is not a citizen. A person with such status is known as a permanent resident. Permanent residency itself should be distinguished to right of abode, which waives the immigration control for such persons. Persons having permanent residency still requires immigration control if such persons do not hold a right of abode. However, a right of abode automatically grants persons a permanent residency.
Right to acquire permanent residency differ as per the country’s immigration laws. Most countries follow the concept called Point System. This concept is based on a point chart which is set by the country’s respected immigration department. This point chart is based on applicants Age, Prior Education, Work Experience, Language Proficiency, Adaptability etc. There are certain other formalities which are to be met by the applicant to be acceptable under this system.