Criteria Greece Flag
Greece
Portugal Flag
Portugal
Spain Flag
Spain
Cyprus Flag
Cyprus
Malta Flag
Malta
Real Estate option (minimum investment) €250,000 €500,000 €300,000 €350,000
Bank Deposit option (minimum investment) €400,000 €1,500,000 €1,000,000
First 5-year Government processing fees €2,500 €61,784 €68,000 €2,000 €37,500
Property Purchase Tax 3% 8-15% 7-11% 5-19% 5%
Schengen Free Movement ✔️ ✔️ ✔️ ✔️
Property type/location Any Low population density areas only Any Only newly built Only residential
Non-refundable donation to economy €40,000
Right to rent property ✔️ ✔️ ✔️ ✔️
Criminal Record required ✔️ ✔️ ✔️ ✔️
Processing Time 2 months 3 months 2 months 2 months 3 months
Proof of steady income ✔️ ✔️ €500,000 capital requirement
Initial period of issuance 5 years 1 year 1 year Indefinite 5 years
Minimum stay required 7 days/year Visit once/year Visit once every 2 years
Renewal Every 5 years Every 2 years Every 2 years Indefinite Every 5 years
Spouse qualifies ✔️ ✔️ ✔️ ✔️ ✔️
Children qualify < 21, renewal <24 unconditionally < 18, proof of dependence <25 < 18, proof of dependence >18 < 18, proof of dependence <25 < 18, proof of dependence >18
Parents & Parents-in-law ✔️ >66 + proof of dependence Proof of dependence ✔️ Proof of dependence
Years to Citizenship 7 5 10 7 Not qualifying for citizenship