"Permanent residency" refers to the legal status granted to a person, allowing them to live and work indefinitely in a specific country without being a citizen. Full definition
Businesses can offer employment to foreign workers with the requirement that they help the worker settle, and the federal government has committed to processing applications for permanent residency in six to 12 months. (canadianlawyermag.com)
He was granted permanent residency in 1994, but it was revoked after he was convicted of wire fraud in 2000. (nydailynews.com)
Because of this, foreign nationals have long held back from buying real estate — the hurdles to obtaining permanent residency status are simply too great. (realtormag.realtor.org)