This is a permanent residence visa. As a permanent resident you are permitted to remain in Australia indefinitely. This visa also allows you to travel and enter Australia for five years from the date the visa is granted. The expiry of this visa does not affect your permanent resident status if you are in Australia. However, if you want to continue to travel to and from Australia as a permanent resident after the initial visa has expired, you must obtain a Resident Return Visa (RRV).