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European Golden Visas • 2025 Comparison

Best European Golden Visa Programs in 2025 — Portugal, Greece, Spain, Italy & Malta Compared

Thinking about a European base without giving up global mobility? This 2025 guide compares the main Golden Visa and investor residency options in Europe — and explains why regulated fund strategies in Portugal remain a reference point for global families.

Updated November 2025 • For informational purposes only. Always confirm current law before investing.

Best European Golden Visa programs in 2025 compared
European Golden Visa Guide Portugal vs Greece vs Spain Investor Residency EU Mobility & Citizenship

Golden Visa and residency-by-investment programs have shifted significantly since 2023. Real estate-heavy routes have tightened, scrutiny increased, and investors are more selective. In 2025, the right question is no longer “Where is it cheapest?” — it is “Which European framework gives my family stability, compliance and a credible path to long-term rights?”

Quick Comparison — Leading European Golden Visa Style Programs (2025)

Snapshot only. Thresholds, routes and timelines change — figures below are indicative and must be checked against official regulations at the time of application.

CountryTypical RouteMin. Investment*Stay Requirement*Indicative Path to Citizenship*
PortugalCMVM-regulated investment funds & other compliant optionsFrom ~€500,000 (funds)Historically low; check updatesFrom 5+ years (subject to law)
GreeceReal estate & investment routesFrom ~€250k-€800k (by region/type)Limited/low~7 years (subject to conditions)
SpainReal estate & other investment optionsAround €500k+Low; mainly renewals10+ years usual
ItalyInvestor Visa & lump-sum tax regimesFrom ~€250k-€500k (company/startup/bonds etc.)Full or majority presence for tax residency10+ years typical
MaltaResidency & naturalisation via contributions and stayHigh (six-figure+)Physical residence requiredAccelerated in some frameworks (subject to reform)

*Indicative only. Always confirm current rules and legal terms with qualified counsel before investing.

Why Portugal Remains the Strategic Benchmark

Among European options, Portugal’s regulated fund-based route continues to stand out for investors who value structure, oversight and lifestyle — rather than pure real estate speculation.

How Greece, Spain, Italy & Malta Fit In

  • Greece: Attractive real estate thresholds in some regions; longer naturalisation track; property-driven risk.
  • Spain: Established framework; higher naturalisation timeline; suitable for those ready for closer ties.
  • Italy: Investor visa + flat-tax regime appeal to high-income individuals ready to relocate and centralise life.
  • Malta: High-entry, boutique option; suitable for very specific HNWI profiles under evolving EU scrutiny.
Not all “Golden Visas” are created equal.
Get a structured comparison of Portugal, Greece, Spain, Italy and Malta tailored to your family, holding structure and tax profile.

Important: European residency and citizenship frameworks are politically sensitive and frequently updated. This article is general and non-exhaustive. Before committing capital, obtain jurisdiction-specific legal, tax and regulatory advice and verify the latest rules from official government sources.

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