Also means
to lie (in something)
Usage Note
Risiedere is more formal than abitare or vivere and is preferred in legal, bureaucratic, and written contexts: risiede a Milano ('has legal residence in Milan'). In the figurative sense it means 'the problem lies in…': il problema risiede nella mancanza di fondi. It uses avere as auxiliary and follows the regular -ere pattern.
Examples
"La famiglia risiede in questa città da trent'anni."
Natural Translation
The family has resided in this city for thirty years.

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