Permanent residency is a status that allows people with a PR card to live, study, work and access health care in a country without having its citizenship.
The difference between permanent residency and citizenship is that people with a country’s citizenship can vote or run for office in that country.
There are some ways in order to acquire permanent residency of a country including working or studying in that country for several years.
In contrast to the traditional ways, there is a somehow new way for acquiring residency of a country which is by contributing and investing in the economy of that country. This way is much faster than the traditional ways.
Many people seek residency of peaceful countries to have a better and safer place to live in case of political unrest. Moreover, many passports are restrictive and don’t let people to travel without visa. People with these passports have to spend a lot of time just to get a visa for their travels. On the other hand, having Portugal residency would let people travel without visa to t members of Schengen zone. In addition, having the residency of a country may improve the life quality of applicant’s family by having the chance to study in best universities, having access to the best health care, …