Greece Golden Visa · €400k property vs Cyprus PR · €300k new home

The first permit is valid 5 years and renews for equal periods while the investment continues; absences from Greece do not prevent renewal.

Taxheaven legal text repository

The residence card expires after ten years and is replaced; the permit gives an unlimited right of residence.

Migration Department, Cyprus

The permit covers the spouse and children under 18. Unmarried children aged 18 to 25 studying abroad can apply separately with EUR10,000 (≈ $11,200) more income; the spouse can hold a separate permit.

No employment in Cyprus for the applicant or spouse. They may hold shares in Cyprus companies, receive dividends and serve as unpaid directors.

• €2,000 ≈ $2,230

  Residence permit fee (EUR 16 (≈ $18) extra for the card).

• €500 ≈ $560

  Fee at application submission; EUR 70 (≈ $78) per person for the Alien Registration Certificate.

Long-term resident status needs 5 years of continuous legal residence and income at least the annual minimum wage (plus 10% for dependants); absences under 6 consecutive months and 10 months in total are allowed.

TaxHeaven

Naturalisation needs 7 years of legal residence for holders of investor permits (a listed title), plus Greek language and history tests and proof of economic integration.

Ministry of Interior, National Registry of Administrative Public Services

General naturalisation rule: 12 months of legal continuous residence immediately before applying and at least 7 years of legal residence in the preceding 10 years, plus Greek at B1 level.

Ministry of Interior

The permit is issued within 2 months of the complete file reaching the issuing authority (Art. 100(10)).

Taxheaven legal text repository

Apply online; a non-resident can apply before entering Greece through a power of attorney, or apply while legally in Greece.

National Registry of Administrative Public Services

• At least 60 days (tax year)

SDC on dividends (5% for residents who are domiciled) and interest (17% for residents who are domiciled) under Law 117(I)/2002 as amended; ordinary income tax on residents continues to apply to worldwide income.