No matter your reasons, being an expat entails some complexities, such as getting visas, moving to another country, or even learning a foreign language.
But one of the most important things to understand as an expat is the difference between residency and citizenship. These two legal statuses have different implications for your rights, privileges, and responsibilities in your new country.
To make the most of your expat experience, it's important to understand these implications fully. In this article, we will discuss the main differences between residency and citizenship and how you can benefit from each one. Let's jump right in.
Residency refers to the legal status of individuals living in a specific location without the need for citizenship. It grants them the right to reside and work in that country. Residency can provide various benefits, including access to healthcare, employment opportunities, education, property ownership, and investment options.
Residency can be either temporary or permanent, and it is typically obtained through fulfilling specific requirements, which may include documentation, financial criteria, language proficiency, and background checks.