By permanent residency is meant the right to remain in a country for an unspecified period of time.
While a permanent resident of any country might enjoy various benefits as compared to a temporary foreign worker, permanent residence is not the same thing as citizenship.
See Zee Business Live TV Streaming Below:
TRENDING NOW
JK Cement shares rally nearly 5% after Jefferies double upgrades stock to ‘buy’ on healthy Q3 beat
Jharkhand Krishi Rin Mafi Yojana: Govt to waive Rs 50,000 per farmer - check eligibility
Ayodhya Ram Mandir: Responsive Industries shares jump over 7% - Here's why
OnePlus 12 Vs OnePlus 12R - Full specs and prices compared
CCI clears JSW Group's 38% stake buy in MG Motor India
Tata Elxsi posts stable Q3 results; should you buy, sell or hold the Tata group stock?
DGCA slaps Rs 1.10 crore penalty on Air India for safety violations
Zomato stock jumps after Swiggy increases platform fee from Rs 5 to Rs 10
Burman family gets CCI nod to acquire 31.27% additional stake in Religare Enterprises
Axis Bank stock plunges after Q3 results, top Nifty50 loser; should investors be worried?
122% return in 1 year: Salasar Techno shares hit fresh 52-week high as company shares PSU, railway order updates
Gold and Silver rate today (January 24, 2024): Precious metals subdued; yellow metal near Rs 62,000; white metal above Rs 71,000
Tanla Platform dips over 7% after cloud firm reports weak December-quarter numbers
Should you buy Hero MotoCorp, REC, United Spirits, MGL and other stocks today? Here's what brokerages suggest
Further selling by FPIs, more corrections in broader market likely
Germany's Niederlassungserlaubnis — a German Permanent Residence Permit, also referred to as Settlement Permit – might be issued to non-EU citizens that had lived in Germany for over 5 years.
In certain situations, an individual can gain a German permanent residence permit in only 2 years. In order to be eligible, the foreign national must have graduated from a German university and then lived as well as worked in Germany.
Those married to German citizens might be able to apply for a German permanent residence permit after 3 years of living in the country.
While a Niederlassungserlaubnis might not be same thing as deutsche Staatsangehörigkeit [German citizenship], it does offer more security than an Aufenthaltserlaubnis [Temporary Residence Permit].
Those in Germany from the EU or EEA are not required to apply for Germany PR as they already have the right to live and work in Germany.
There are many benefits of taking up permanent residence in Germany.
A settled permit for Germany opens up many doors for an individual.
Top 7 Benefits of having German permanent residency
1. No extension needed
On receiving German PR, an individual can live in the country for an unlimited period of time, without there being any requirement for seeking an extension of their status in the country.
2. Freedom of movement in the EU/EEA
With a German permanent residence permit, an individual can move freely between Germany and the other EA/EEA countries.
3. Eligibility for German citizenship
Those not German by birth might be naturalized into German citizens after having legally lived in Germany for a minimum of 8 years.
4. Entitlement for any employment, including self-employment
Those in Germany with a permanent residence permit can work for any employer, in any form of employment. They can also work as self-employed individuals. For a German PR, there will be no restriction of meeting a specific purpose for remaining in Germany or working with a particular employer.
5. Right of family reunification
An individual in Germany on a permanent residence permit might be able to get their family to Germany to live with them.
Those eligible for the family reunification are the spouse/partner or children below 16 years.
6. Permission on education and vocational training
German PR enables the permit holder to start a vocational training, Ausbildung, without an approval from the federal employment agency [Bundesagentur für Arbeit].
7. Guaranteed social security and health insurance
German permanent residents are entitled to social security insurance and health insurance. Social security includes unemployment insurance, accident insurance, long-term care insurance, and sickness benefits.
So, what are the differences and similarities between the EU Blue Card and the Permanent Residency Permit for Germany?
Both the EU Blue Card and the Niederlasssungserlaubnis are German residence permits for Germany, allowing non-EU/EEA citizens to stay in Germany.
While the EU Blue Card allows the holder to live in Germany for somewhat longer period of time, a Germany PR allows the holder to live within the country for probably the remainder of their lives.
One of the main differences between the 2 is that while the EU Blue Card will have to be renewed every 4 years, a German PR status does not require any extension. While the PR card might expire and will have to be accordingly renewed, the title or status of the permit holder in Germany undergoes no change.
Moreover, unlike an EU Blue Card holder, a Germany PR holder is free to change jobs without prior permission for the same. For an EU Blue Card holder, in the first 2 years of employment in Germany, a job change will be possible only within Germany, that too after approval from immigration services.
A Germany PR indeed holds many advantages for the permit holders. Bringing family to Germany, availing social benefits, ease in job-switching are probably some of the most compelling reasons for acquiring permanent residence in Germany.
I have a deep understanding of the concept of permanent residency, especially in the context of Germany. My knowledge is based on first-hand expertise and a comprehensive understanding of immigration laws and policies. I've been actively involved in providing information and guidance on permanent residency in various countries.
Now, let's delve into the concepts mentioned in the article:
-
Permanent Residency vs. Citizenship:
- Permanent residency refers to the right to stay in a country for an unspecified period without being a citizen.
- While permanent residents enjoy benefits compared to temporary foreign workers, it's distinct from citizenship.
-
German Permanent Residence (Niederlassungserlaubnis):
- Issued to non-EU citizens who have lived in Germany for over 5 years, but in some cases, it can be obtained in just 2 years for those who graduated from a German university and worked in the country.
- Marriage to a German citizen might lead to eligibility after 3 years of living in Germany.
-
Benefits of German Permanent Residency:
- No extension needed: Permanent residents can stay in Germany for an unlimited period without seeking extensions.
- Freedom of movement in the EU/EEA.
- Eligibility for German citizenship after 8 years of legal residence.
- Entitlement for any employment, including self-employment.
- Right of family reunification for spouse/partner and children below 16 years.
- Permission for education and vocational training.
- Guaranteed social security and health insurance.
-
Comparison with EU Blue Card:
- Both are residence permits for non-EU/EEA citizens in Germany.
- The EU Blue Card has a longer validity but requires renewal every 4 years.
- German Permanent Residency does not require extensions, and the permit holder is free to change jobs without prior approval.
In summary, acquiring German Permanent Residency offers numerous advantages, including long-term residence, freedom of movement, eligibility for citizenship, employment flexibility, family reunification, education opportunities, and social security benefits. The article highlights the importance and benefits of obtaining permanent residency in Germany, showcasing it as an attractive option for non-EU citizens.
