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Studio Freelance perpetual license can be upgraded to the latest edition from Studio 2021 or 2022 perpetual license.
You can check the upgrading options here: https://www.trados.com/pricing/freelance-translators/
NOTE: The upgrade path from Studio 2019 and below is no longer available. But you can sign-up to one of our subscription plans to use the latest version of Trados Freelance.