As more people around the world look for security, mobility, and lifestyle upgrades, Golden Visas have become a popular way to gain legal residency—or even future citizenship—in Europe by making an investment in real estate or other qualifying assets.
Although some European nations have shut down their property-based visa programmes, many still welcome investors with open arms. In this complete guide, we’ll explore the countries where you can still secure a Golden Visa, what it costs, and what benefits it brings.
We’ll also include government links, fresh 2025 updates, and expert insights so you can make an informed decision.
What Is a Golden Visa?
Europe Golden Visa is a type of Residency by Investment (RBI) programme. It allows foreign nationals to gain temporary or permanent residency by making a significant financial investment—most commonly through purchasing property.
While Europe Golden Visa offer residency, they may also lead to citizenship after several years. This is different from Citizenship by Investment (CBI) programmes, which grant a passport upfront, often in return for a donation or direct investment.
Official EU guidance: Investor Citizenship and Residence Schemes – European Commission
European Countries Offering Golden Visas
1. Greece
Minimum Investment:
- €250,000 for property in select areas
- €400,000 to €800,000 in popular regions like Athens or Thessaloniki
Benefits:
- Visa-free Schengen access (90/180 rule)
- No obligation to live in Greece full-time
- Apply for citizenship after 7 years
2. Malta
Minimum Investment:
- Buy property worth €375,000 or rent long-term
- Government contribution of €30,000
Benefits:
- Permanent residency for you and your family
- Live and work in Malta
- Visa-free Schengen travel
3. Cyprus
Minimum Investment:
- €300,000 in new real estate
Benefits:
- Immediate permanent residency
- Fast-track processing
- Note: Cyprus is not in the Schengen Zone
Civil Registry & Migration Dept.
4. Latvia
Minimum Investment:
- €250,000 in real estate
- Limitations on the number of properties allowed
Benefits:
- Fast approval (1–3 months)
- 5-year renewable residency
- Apply for citizenship after 10 years
5. Spain
Minimum Investment:
- €500,000 in Spanish property
Benefits:
- Residency for entire family
- Schengen visa-free travel
- No stay requirement for renewal
Note: Spain is phasing out this programme in 2025. Check timelines before applying.
La Moncloa – Spain’s Official Portal
6. Hungary (New 2024 Relaunch)
Minimum Investment:
- €250,000 in real estate funds or bonds
Benefits:
- 10-year residence card
- Fast-track for permanent residency
- Schengen access
7. Bulgaria
Minimum Investment:
- €512,000 through company shares (can include property projects)
Benefits:
- Permanent residency within 6 months
- Tax advantages
- Citizenship after 5 years
8. Italy
Minimum Investment:
- €500,000 in an Italian company
- €1 million donation to a public-interest project
Benefits:
- 2-year visa (renewable)
- Path to long-term EU residency
- Real estate indirectly possible via company holdings
Italy’s Ministry of Economic Development
9. North Macedonia
Minimum Investment:
- €200,000 in real estate or local business
Benefits:
- Residency within 3 months
- Lower cost of living
- Visa-free travel in the Balkans
Ministry of Interior – North Macedonia
10. Turkey
Minimum Investment:
- $400,000 in real estate
Benefits:
- Full citizenship, not just residency
- Turkish passport issued in 3–6 months
- 110+ visa-free or visa-on-arrival countries
11. Portugal (No Longer Property-Based)
Minimum Investment:
- €250,000 in arts, culture, or research
- €500,000 in venture capital funds or businesses
Benefits:
- 5-year renewable visa
- Schengen access
- Apply for citizenship after 5 years
Portuguese Immigration Service
Pros and Cons of Golden Visas Europe
Pros:
- Residency for you and your family
- Freedom to live and travel in Europe
- Strong healthcare, education, and lifestyle
- Possible future citizenship
Cons:
- High upfront cost
- Programmes may close or change
- Not always a fast path to citizenship
- You must follow tax and compliance laws carefully
READ MORE:
- Portugal Golden Visa : Your Gateway to Europe
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- Australia Needs Skilled Workers: Your Australia Work Visa Guide