Permanent Residency is evaluated as an immigration permit or a visa that grants the holder to stay in a foreign country for an infinite period of time which can later on also be converted into citizenship. A permanent residency visa holder enjoys various benefits that are granted to him legally. An individual is legally authorized to stay and work in the country. He can settle down in the country along with his family. A major characteristic of this visa is that a permanent residency visa holder can reside in the country post the expiration of the validity of his visa for a certain timeframe. During this time he has to legally abide by the rules and regulations of the country and he can also apply for the extension of his visa.
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