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The FIP permit is typically issued for a multi-year period and is renewable, as long as you continue to meet the financial conditions.
The financially independent person permit is granted for a fixed multi-year term, historically up to three years, and can be renewed for further periods.
Renewal depends on continuing to show the required independent income or resources and maintaining health insurance. Keeping clear, up-to-date evidence of your income source makes renewals far smoother, and you should file before the current permit expires.
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