The initial Rentista visa is issued for one year with the Transeúnte (transitory) status.
After two continuous years of residency, typically monitored by evidence of entry and exit stamps in the individual’s passport, the individual may apply for a Residente status (effectively permanent residency), which has a validity of five years and which is renewable.
To maintain the Residente status, the applicant must not be absent from Venezuela for more than 24 consecutive months. A return to Venezuelan territory within 24 months, even if only briefly, suffices to reset the clock.
After ten years of legal residency (five for those married to a Venezuelan and for natural-born citizens of Spain, Portugal, Latin-American, or Caribbean countries), the individual may apply for citizenship in Venezuela.