IGC Residence Permit Index
Let's Find the Most Suitable Program for You Together
Let's Find the Most Suitable Program for You Together
- Country
- Investment
- Quality of Life
- Return
- Convenience
- Cost of Living
- The Possibility of Citizenship
- Total
What is the IGC Residence Permit Index?
IGC Residence Permit Index is a special Industrial Milestone Index that examines and compares the residence permits offered by European Union member countries in exchange for investment, and scores them based on a family of four, considering Turkish investors as the primary target.
What does Golden Visa mean?
Golden Visa refers to the opportunity to obtain a Permanent Residence Permit in countries like Greece, Spain, and Portugal through investments such as real estate purchases or depositing a certain amount in a bank.
This residence permit remains valid as long as you hold your investment. However, if you liquidate your investment, such as selling the property, your residence permit will not be renewed.
For example, in Greece, if you purchase any property in any region of any city with a value of 250,000 Euros; in Portugal, if you acquire a property worth 280,000 Euros in a low-developed area requiring renovation; and in Spain, if you purchase any property worth 500,000 Euros in any city, you can obtain a Permanent Residence Permit, also known as Golden Visa.
Evaluation Criteria and Explanations
- Investment Amount: : This criterion determines the minimum budget required for the
investment. It is adjusted according to the savings-oriented Turkish investor and carries a weight of 50/100 in the IGC Residence Permit Index.
- Quality of Life : This category measures the level of development in terms of living conditions, education, and job opportunities in the country where the residence permit is obtained. Since Turkish investors have a low relocation rate, it is given a weight of 15/100.
- Investment Return: This criterion calculates the potential return on the real estate
investment, assuming it is well-selected. Programs that restrict investment in developed areas or in the overall real estate market lose points. A weight of 15/100 is assigned to this category.
- Convenience and Speed : This category evaluates how long the applicant will have to wait and how much effort is required to obtain results from the program. Since programs are generally easy, it is given a weight of 10/100.
- Cost of Living : This category considers the cost of living and daily expenses in the target country. Countries where living is affordable and luxuries are accessible stand out. A
weight of 5/100 is assigned to this category.
- Citizenship Opportunity: Can the process starting with the Golden Visa lead to citizenship? The only program that significantly leads to citizenship is Portugal. However, since reaching this point is difficult in every program, it is given a weight of 5/100.
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