Let's say the context is about how a person should not worry about his status in a foreign country.
Ex. You should not worry about the status as your visa practically allows you to exercise most rights that citizens have.
Q: Is "the" in red necessary in this context?
"Q: Is "the" in red necessary in this context?"
Not only is "the" not necessary, it is also not grammatical. Your context refers to "his status in a foreign country" (not the status). Therefore, I would write the following:
You should not worry about your status because your visa gives you most of the rights that citizens have.