Individuals with Permanent Residence status are able to work and live in a foreign nation indefinitely. It also comes with a slew of bonuses and privileges. A permanent resident visa (PR visa) allows you to work and live continuously in the country with your family. After completing certain requirements, a PR visa holder can apply for citizenship.

PR visa for Canada

A PR visa in Canada gives the immigrant the right to live and work in Canada. It offers permanent residency status. To get it, the candidate must apply to the IRCC.

Popular PR Visa (Permanent Residence) Pathways for Canada:

• Express Entry Visa
• Federal Skilled Worker Visa
• Provincial Nominee Programs
• Family Sponsorship
• Canadian Experience Class

Benefits of having a PR visa:

As a PR visa holder, you can live, work and study in any part of the country or even start your own business. You will enjoy social security benefits, healthcare benefits, eligibility for pensions, and help in searching for a job.

Financial benefits:

The financial benefits are access to jobs with better pay, tax rebates, and compensation in case of any illness. For instance, if you have an Australian PR, you have better chances of landing a job in Australia because employers prefer hiring people like you. They prefer not to go through the hassles of hiring someone without a work permit.

In case you are a PR visa holder in Canada, you will get access to job opportunities in fast-growing industries. You get job opportunities that promise better pay. You and your spouse can get jobs in shorter time frames. You will enjoy tax rebates like other citizens and be eligible for workers’ compensation in case of an accident.

With the Canada PR, you can even start your business and gain access to the benefits of NAFTA (North American Free Trade Agreement) if it will help your business.

In the case of Australia, the other financial benefits for PR visa holders include the right to buy a residential property and even get a bank loan for it. You can even get financial grants if you are buying your first home here.

You will also get access to student loans if you want to study in any university in Australia.

Social security and healthcare benefits:

With a PR visa, you get access to social security benefits. You get these benefits in case you lose your job. As a permanent resident, you are eligible for pension benefits after retirement.

A PR visa holder gets access to the public healthcare system of the country. In Australia, PR visa holders gain access to the Medicare programs run by the government. This provides free treatment in public hospitals and subsidized charges for medical services and treatment.