what are the advantages to being a status Indian?
A Status Indian is a First Nations person eligible for registration under the act, which provides a number of rights and benefits, including the right live on an Indian reserve. âHaving status enables native Indians to avoid being liable for taxes on personal and real property if it is located on a reserve,â he says. Status Indian is a First Nations person eligible for registration under the act, which provides a number of rights and benefits, including the right live on an Indian reserve. âHaving status enables native Indians to avoid being liable for taxes on personal and real property if it is located on a reserve,â he says.