Comparision to similar EU programs
Brief comparision of similar programs accross the EU
Hungary | Greece | Latvia | Portugal | Spain | |
|---|---|---|---|---|---|
Minimum Investment Value (EUR) | 3 categories
250,000; or 500,000; or 1.000.000 | 250,000+ (soon 250,000+OR 500,000+) | €250,000+ | €280,000+ | €500,000+ |
Real Estate Type? | Residential | Residential or Commercial | Residential or Commercial | Residential or Commercial | Residential or Commercial |
Typical Application Process Timeline? | 2-3 months | 2-3 months | 3-4 months+ | 18-24 months+ | 2-3 months+ |
Validity | 10 Years (renewable for additional 10 years) | 5 Years | 5 Years | 2 Years | 3 Years |
All Countries Eligible? | Yes | Yes, with limitations | No | No | Yes, with limitations |
Savings Requirement? | No | No | No | No | No |
Minimum Net Worth Requirement? | No | No | No | No | No |
Minimum stay requirement? | No (0 Days Per Year) | No (0 Days Per Year) | No – But annual visits required to renew your ID card (7-14 day process) | 7 Days Per Year (On Average) | No (0 Days Per Year) |
Possibility to obtain Permanent Residency / Citizenship? | Yes | Possible, but challenging | Possible, but challenging | Possible | Possible |
Possibility of local employment? | Possible | No | No | Yes | Yes |
Can you rent out your real estate? | Yes | Yes | Yes | Yes | Yes |