Residency refers to an individual's legal status of living in a particular country or region. Residency can be temporary or permanent and is usually determined by the duration of an individual's stay in a country or region. Permanent residency, also known as "indefinite leave to remain" or "green card" status, is a type of immigration status that allows an individual to live and work in a country indefinitely, without the need to renew their visa. Permanent residents are usually granted certain rights, such as the right to work locally, access to healthcare and social services, and the ability to travel in and out of the country.
Temporary residency, also known as limited stay or conditional residency, is a type of immigration status that allows an individual to live and work in a country for a specific period of time. Temporary residents are usually granted certain rights, such as the ability to work, but they do not have the same rights as permanent residents, and they will have to renew their visas or leave the country when their stay expires.
In order to obtain residency, an individual typically needs to meet certain criteria, such as having a valid reason for staying in the country, being able to support themselves financially, and passing security and background checks. The process of obtaining residency can be complex and time-consuming, and it can vary depending on the country and the individual's circumstances.