global residency

Global residency refers to the status allowing individuals to live and work in a foreign country for an extended period, often without needing traditional visas. It typically involves programs that attract skilled workers, investors, or retirees, providing benefits like tax advantages and access to services. Countries offering global residency programs may have varying requirements, such as financial thresholds or background checks. This concept is increasingly relevant as globalization encourages cross-border mobility, making it easier for people to experience new cultures and opportunities while contributing to the economies of their host countries.