Criteria | ![]() Greece |
![]() Portugal |
![]() Spain |
![]() Cyprus |
![]() 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 |