Guide on How to Apply for a Peru Permanent Residency
Peru is a beautiful country with rich history and culture. With the GREAT Peru program, foreigners can now apply for permanent residency. However, before applying for your Peru permanent residency, you must ensure you have all the requirements intact. You may apply for permanent residence in Peru if you have all the documents. This post is a complete guide that takes you through how to apply for Peru permanent residency.
What is a Permanent Residency?
Permanent residency is the position of a person as a resident in a nation from which he is not a native. A person possessing this status is a permanent resident, and it is collectively for an undetermined period. The right of residency, which exempts such people from registering for immigration, is separate from permanent residence.
If a person does not have the right to dwell somewhere, immigration control is still necessary. However, persons automatically get the right to permanent residency. In most circumstances, this status also grants authorization to work.
Is Peru a Good Place to Live?
Peru is a great place to live in, as it offers a variety of activities and attractions. Peru has a great climate, and the people are accommodating. There are plenty of opportunities to learn about the local culture and history and enjoy the country’s natural beauty. Peru is a safe and stable country, with a strong economy and plenty of opportunities for employment and education.
It is an excellent option for people seeking a high quality of life. The cost of living is relatively low, and there are plenty of job opportunities. Peru is also a great place to learn Spanish or to improve your language skills.
How to Apply for a Peru Permanent Residency
There are many ways to apply for a Peru Permanent Residency. The most common way is to apply through the Peruvian Consulate. However, there are other ways to apply it as well. For example, you can also apply through the Peruvian Embassy or a private company.
If you are applying through the Peruvian Consulate, you must fill out an application form and submit it to the Consulate. You will also be required to provide a copy of your passport, a copy of your birth certificate, and a copy of your marriage certificate (if applicable).
If you are applying through the Peruvian Embassy, you will need to fill out an application form and submit it to the Embassy. You will also be required to provide a copy of your passport, a copy of your birth certificate, and a copy of your marriage certificate (if applicable).
If you are applying through a private company, you must fill out an application form and submit it to the company. In addition, you will need to present a copy of your passport, a copy of your birth certificate, and a copy of your marriage certificate (if applicable).
Peru Permanent Residency Requirements
Foreigners can apply for a Permanent Resident Visa, which allows them unrestricted residency in Peru, after holding any visa there for three years. Ensure you renew this visa every five years once it gets granted. You can also apply for citizenship and a second passport at this stage.
To be eligible for a permanent residence visa, applicants must have lived in Peru legally for at least three years. Depending on your existing immigration status, the remaining requirements may change (worker, a family member of a resident, student, retiree, and so on). For instance, foreign nationals with working visas must certify during the application procedure that they are still in employment.
Peru recognizes dual citizenship; therefore, you do not have to give up your prior citizenship to become a Peru citizen. Despite the fact that each form of visa has a different set of documentation needs, you will still need the following records:
- Employment contract
- Original and photocopy of passport
- Letter confirming position and remuneration
- Professional and academic credentials
- Certificate from the registrar of businesses
- Documents attesting position and salary
If you meet the above requirements, you can apply for permanent residency. The application process for permanent residency can take several months, so patience is important. Once you have obtained your permanent residency visa, you will be able to live and work in Peru indefinitely.
As an Independent Investor
You are eligible:
You qualify if you intend to invest up to 500,000 Peruvian soles (about $150,000 USD) locally. This investment must be paid in one lump payment immediately from a bank account in your name to a bank account in Peru.
- A notarized copy of a deed or other document attesting to the more than S/500,000 worth of your investment
- Get a sworn declaration that the investment capital is from overseas (and supply a copy of this declaration).
- To draft and deliver a “letter of commitment” pledging that in exchange for this funding, you’ll collaborate with at least 5 Peruvians and begin operations within a year.
- The creation of a business plan or feasibility project describing how the five jobs mentioned above will get generated (and sustained). This document has to be notarized, approved, and confirmed by an expert.
As a Resident Employee
You qualify if you have had a temporary visa for at least three years and have a minimum one-year employment contract in Peru.
- If the agreement was signed outside of Peru, your local Peruvian Consulate and the Ministry of Foreign Affairs must validate it in order to be considered a valid contract with an authority entitled to offer employment that has been presented to Peru’s labor authority.
- Get a Spanish translation of any contract or related document written in another language. A collegiate or sworn public translator may only do this.
- You will be given a temporary visa throughout this time until the period finishes if the contract mentions work probationary periods.
With a “Rentista” visa
You qualify if you show a stable, long-term income of at least USD 1,000 each month. In addition, you must demonstrate an extra US$500 monthly income if you have dependents. This revenue must originate abroad.
- At the national and international levels, an affidavit proving a spotless criminal, police, and court record are in place.
- Authenticated/legalized copy of a document demonstrating income from abroad, plus an additional $500 for any dependents. The Peruvian Consulate in your area must authorize this.
Additional Information for Permanent Residency in Peru
The Carnet de Extranjeria, a Peruvian identity card for foreign residents, is also required for permanent ex-pats. As a result, you may travel within Peru without a passport and, create a bank account, buy a telephone or home Internet service, among other things.
A legal representative or person with a power of attorney (POA) may carry out the necessary actions on your behalf during the application procedure. A notarized letter appointing the POA is used to do this. The official appointment letter must also be legalized and/or apostille by the local Peruvian Embassy and the Ministry of Foreign Affairs if a POA is granted outside of Peru.
Also Read: Peru Artist Visa – Documentation, Fees, and Exemptions
Frequently Asked Questions
Can I lose my Peru Permanent Residency Status?
Regarding the duration of time spent abroad, a permanent resident can get stripped of their status if they leave Peru for 365 days in a row. However, a permanent resident may be able to prolong their leave in certain circumstances, such as if special leave permission is granted.
Can I travel to Peru with a Green Card?
If you have a Green card, you are legally permitted to travel to Peru. However, before you travel, there are a few things to bear in mind. To begin with, you must possess a current passport. Second, you will need to obtain a Peruvian visa before you travel. You can do this by contacting the Peruvian Embassy or Consulate in your home country. Finally, ensure you have adequate travel insurance that will cover you in case of any medical emergencies or other problems while in Peru.
Are there conditions to gain Permanent Residency status in Peru?
One of the most important conditions for you to be eligible to apply for a permanent residence visa, applicants must have lived in Peru legally for at least three years. Depending on your existing immigration status, the remaining requirements may change (worker, a family member of a resident, student, retiree, and so on). For instance, foreign nationals with working visas must certify during the application procedure that they are still in employment.
Why obtain a Permanent Residence in Peru?
Despite having a wealth of natural resources, Peru is still a developing nation that requires significant improvements in communications, technology, and the variety of its product offers. As a result, there are countless opportunities for new startup businesses to offer better services and a wider variety of products that are currently difficult to find or not even available in the country. As a result, numerous starting company prospects for local and international business entrepreneurs and investors to explore Peru’s import and export markets.
Securing a permanent residency permit in Peru is quite straightforward if you can stick to the guides highlighted in this article. Ensure you have all your documents and are good to go!