Benefits of Australian PR (Permanent Residency)

Australia is one of the wealthiest nations on the planet, with the world's twelfth biggest economy. In 2012 Australia had the world's fifth-most notable per capita income; Australia's military use is the world's thirteenth biggest.
With the second-most noteworthy human improvement record all around, Australia positions exceptionally in numerous universal correlations of national execution, for example, personal satisfaction, wellbeing, instruction, financial opportunity, and the assurance of common freedoms and political rights.
Australia is a member of the United Nations, G20, Commonwealth of Nations, ANZUS, Organization for Economic Co-activity and Development (OECD), World Trade Organization, Asia-Pacific Economic Cooperation, and the Pacific Islands Forum.
It is a guaranteed land to a huge number of potential migrants that offers an incredible personal satisfaction with a few deep rooted advantages. In the event that you are considering what permanent residency is about, here is an abridged rundown of the rights and advantages you will have once you increase Australian changeless living arrangement. You will at first think that it's hard to determine these advantages yet here are some of the rights and benefits that you and your family can enjoy once you are allowed a Permanent Residence Visa in Australia.

1. You possess a right to live in Australia Indefinitely
   A permanent visa qualifies you for movement all through the nation all you want for the length of your visa (normally 5 years). Regardless of whether it has lapsed, you can stay in the nation uncertainly but can't go out. Despite of everything you need to travel, you'll need a Resident Return Visa.

2. Sponsoring the Family Members
   You can sponsor your family members for the permanent residence acquisition but you have to fulfill the preconditions of residence and support insurance.

3. Credit Rating
   Your credit rating as an Australian permanent resident will rise immediately which will make it easier for you to gain approval for the personal loan, card loan, home loan, credit cards etc.

4. Social Security Benefits
   Upon two years of permanent residence in Australia, a master plan from the Australian Department of Social Security which is commonly known as Centrelink will provide you social welfare aid related to student, sickness, unemployment which can be extended up to your family.

5. Eligible to apply for Australian citizenship
   If you are the one who have acquired permanent residence after 1st July 2007 you may be qualified to apply for citizenship ,furthermore if you have lived lawfully in Australia for at least 4 years and have lived there for at least 12 months as a permanent residence.

6. Healthcare Benefits
   Citizens enjoy right to healthcare .As a permanent resident of Australia ,you have the privilege of government run health insurance schemes called 'Medicare' which grants free medical treatment at subsidized prices in government medicines and hospitals.

7. Excellent Education System
   As a country Australia has high class education facilities and world class Universities. You have the right to receive family benefits such as newbornpayments, paid parental leave and family tax benefits.

8. Buy Existing Residential Property
   In many cities only permanent residents are allowed to purchase second hand residential property. This plan has been executed to protect the economy from an influx of foreign funds coming in and buying up entire neighborhoods and driving local people out into suburbs.

9. Childcare Rebates
   Australia's daycare and childcare sector is a very competitive one, because of this the regular childcare price may be quite high depending on your preferred providers form and location.Centrelink oversees the child care grants and can include: Child Care Rebate assists with child care costs.

10. Freedom to work
    The next major aspect of permanent residence is the work permit aspect. Permanent residents can work for any employer in any occupation. But, working in the Public Service or Armed forces is strictly restricted to the Australian Citizens. This, however, does not distinguish the industrial laws between the permanent residents and citizens. Permanent residents enjoy the same benefits under these laws as the citizens. They can become a part of trade unions and can claim worker’s compensation.