A residence permit is a document or card required in some countries/regions to allow a foreign national to reside or stay in a country/region. These may be temporary residence permit or permanent residence permit. The exact rules vary between countries or regions. In some cases, a temporary residence permit is required to extend a stay, and also, it can be an intermediate step to apply for a permanent residence permit.
Residency status may be granted for several reasons by more countries, and the criteria for acceptance of the application as a resident may be changed over time. Moreover, having a valid visa/residence permit does not necessarily mean that the investor has the right to work in the country. Investors must hold a work permit issued by the Ministry of Labor of the destination country to have legal rights for working.
Onshorer has many years of experience in applying for residence permits, extension of residence permits, and work permits. Our business consultants can assist in handling these tedious procedures. We can prepare all required documents and liaise with local authorities for ensuring the permit is issued and delivered to our clients on time to avoid their daily work and life being affected.