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What does a permanent address mean in simple terms?
What’s essential to know?
In this article, I will break down the meaning of Permanent Address so you know all there is to know about it!
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What Is Permanent Address
You are about to complete a form, fill out a legal document, or an online application and you’re asked about your permanent address…
What is your permanent address?
For an individual, a permanent address is a physical address where you permanently reside.
In other words, it’s the place where you consider to be living and spending your time most of the time.
For a business, a permanent address is a physical address that the company uses for its offices on a long-term basis.
Typically, a permanent address is a physical place that is owned by the person or company like a home or office.
According to the US Global Mail, a permanent address is a “physical street address that is under your name”.
Permanent Address For Individuals
A permanent address for an individual is a physical address where the person lives most of the time.
If you live at the same address for many years, that’s your permanent address.
However, if you’re a person that travels a lot and may have different addresses at different points in time during the year, your permanent address is the address of the place where you call “home”.
For example, if you’re looking to get a driver’s license, you’ll need to give your permanent address.
Your permanent address is typically a place that you own, within a country that you are legally authorized to live and work in, and you’re probably a citizen of that country as well.
Your permanent address is an address that you readily have access to and can regularly receive your mail.
Permanent Address For Companies
In the United States, when you form a legal entity in a particular state, you will need to comply with the state rules to ensure that your legal entity remains in good standing.
Whether you are forming a limited liability company or corporation, you’ll need to designate your business address that is physically located in the state where you are registering your company.
For example, if you are registering your company in New York, you’ll need to have a valid physical address in New York.
Multinationals and very large companies having offices everywhere can satisfy this requirement by designating one of their own offices located in the state.
However, small businesses looking to register in different states and do not have offices in every state will need to work with registered agents designating them as their legal representatives in the state.
This way, the small business uses the registered agent’s physical address in the state to satisfy the company registration requirements.
Permanent Address Requirements
Although there’s no specific rule defining a permanent address, let’s look at the typical requirements for a permanent address.
A permanent address is typically a place where you live, like a home, apartment building, condo, loft, residential building, dormitories, or a place where you generally spend your time.
On the other hand, hotels, motels, holiday houses, and other temporary places that you may stay are not considered your permanent address.
Although it’s possible for someone to exceptionally “live” in a hotel making it your permanent address, in most cases though, people go to hotels for a short period of time.
Permanent Mailing Address
Is a permanent mailing address the same thing as a permanent address?
Be careful with this one…
A permanent mailing address is a physical address where you will always receive your mail.
On the other hand, a permanent address is a place where you generally live and perform your day-to-day activities for longer periods of time.
A permanent mailing address may or may not be your permanent address.
When you are required to fill out “permanent mailing address” on a form or document, you must give an address where you know you will always receive your mail.
Permanent Address vs Mailing Address
What is the difference between a permanent address and a mailing address?
A permanent address is a place where he or she lives for longer periods of time.
For an individual, the permanent address is the person’s home, apartment, or residential property.
For a company, the permanent address could be the address of their headquarters or an office where they are located.
Since the permanent address is a physical address, you can also receive your mail.
In other words, a permanent address can also be your mailing address to the extent you are able to get mail at your address.
On the other hand, a mailing address is an address that is used to receive mail.
A mailing address is not necessarily a place where you live, like your permanent address.
For example, you could live in Place A but prefer to have your mail sent to Place B.
In this case, Place A is your permanent address (where you live) and Place B is where you want your mail to be sent.
A company can have many office locations and so it could have many permanent addresses.
However, the company may prefer to have all their mail sent to the headquarter address.
In that case, the headquarter address is both a permanent address and a mailing address.
Then, all the other offices of the company are also permanent addresses but their mailing address is that of the headquarter.
Permanent Address vs Physical Address
A permanent address refers to a physical street address where you spend most of your time as an individual or where your company office is located.
Quite often, the person or company has the legal rights to the permanent address like owns it or has a lease.
A physical address is simply a valid street address.
A physical address can be anything, such as a home address, office address, an empty lot, or any other physical place having a valid address.
So there you have it folks!
What does permanent address mean?
There are different types of addresses that people refer to and it may get very confusing.
A permanent address is a physical address that you habitually use for longer periods of time.
In other words, it’s a place where you live for long periods of time and the address does not regularly change.
Now that you know the meaning of a permanent address, good luck with your research!
If you enjoyed this article on the meaning of Permanent Address, I recommend you look into the following terms and concepts. Enjoy!
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