Mark Damsgaard
Founder of Global Residence Index
Last updated: January 31, 2025
In our discussions with clients exploring European residency options, the Portugal Golden Visa and the Greece Golden Visa frequently emerge as top contenders. Both programs enjoy considerable popularity, yet they cater to distinct preferences and needs due to their key differences. To clarify these distinctions, I’ve compiled a table below that highlights the primary differences between the two golden visas.
Portugal | Greece | |
Investment route | €500,000 (fund investment) | €250,000 (real estate) |
Donation route | €250,000 (cultural or educational donation) | Not available |
Right to work in the country | Yes | No (separate application) |
Typical Government fees (single / family of 4) | €8,500 / €34,000 | €2,000 / €2,000 |
Time to residency | 12-18 months | 3-5 months |
Stay requirements | 7 days /year | None |
Leads to permanent residency? | Yes | No |
Leads to citizenship? | Yes, subject to A2 language requirement | In practice, no |
Investment can be sold after? | 6-7 years (when permanent residency or citizenship is obtained) | Must be kept to maintain residency |
Include children over the age of 18? | Children of any age who are not married, studying full-time, and dependent for the entire duration of residency | Children up to age 21 who are not married, studying full-time, and dependent (or up to age 24 if they are students in Greece) |
Include parents? |
Parents 55+ if they are dependent, or 65+ with no dependence required |
Parents of any age with no dependence requirement |
If you’d like to discuss in detail which program might best suit your specific circumstances, please don’t hesitate to contact us.
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