When you buy a perpetual license you will receive a license for the latest version (e.g. R10) of Geneious at the time of purchase. This includes any of the updates (e.g. 10.0.1 and R10.1) that are released for that version, regardless of when they are released. You can continue to use this version for as long as you wish. To access future versions (e.g. R11), you will need to purchase an upgrade, which costs 50% of the new license list price.
We provide technical support to holders of a valid license for the latest version and the one before that (e.g. R10 and R9). We release a new version at most once per year.