Permanent residency refers to a legal status that allows a foreign national to permanently reside in a country of which they are not a citizen. It is often a stepping stone towards citizenship in that country. In most countries, obtaining permanent residency status requires meeting certain criteria such as having a job offer or investment opportunity, having family ties in the country, or demonstrating a certain level of education and skills. The specific requirements can vary greatly from country to country. Once granted permanent residency, a foreign national typically enjoys many of the same rights and privileges as citizens, including the ability to work and travel freely within the country. They may also be eligible for certain social benefits such as healthcare, education, and retirement benefits. One of the primary benefits of permanent residency is the ability to eventually apply for citizenship. This typically requires meeting additional criteria and undergoing a formal citizenship application process. Overall, obtaining permanent residency can be a significant milestone in a foreign national’s journey towards building a new life in a new country.