--- title: "Portugal Golden Visa · €500k funds vs Greece Golden Visa · €400k property" url: https://settleanywhere.com/compare/greece-golden-visa-real-estate-400k-vs-portugal-ari-funds-500k/ lang: en updated: 2026-10-12 --- Head to head # Portugal Golden Visa · €500k funds vs Greece Golden Visa · €400k property Two investor routes side by side: money, stay, family, fees and tax, from the official sources. The official authority decides every application. ## Key differences - **Money** Portugal Golden Visa · €500k funds asks for an investment of €500k+ ≈ $559k; Greece Golden Visa · €400k property for an investment of €400k+ ≈ $447k. - **First stay** The first stay is 2 yrs on Portugal Golden Visa · €500k funds and 5 yrs on Greece Golden Visa · €400k property. - **Renewal** Renewable on both. - **Permanent residence** After 5 years of residence on both. - **Citizenship** Portugal Golden Visa · €500k funds: after 10 years of residence. Greece Golden Visa · €400k property: after 7 years of residence. - **Family** Spouse can work on both. - **Government fees** The first government fee listed is €843 ≈ $940 for Portugal Golden Visa · €500k funds and €2,000 ≈ $2,230 for Greece Golden Visa · €400k property; the table lists every fee. - **Tax residence** Portugal: more than 183 days (any 12-month period starting or ending in the tax year). Greece: more than 183 days (any 12-month period). ## Side by side | | Portugal [Golden Visa · €500k funds](https://settleanywhere.com/countries/portugal/ari-funds-500k/) | Greece [Golden Visa · €400k property](https://settleanywhere.com/countries/greece/golden-visa-real-estate-400k/) | | --- | --- | --- | | **Country:** | *1* Golden Visa · €500k funds [Portugal](https://settleanywhere.com/countries/portugal/) | *2* Golden Visa · €400k property [Greece](https://settleanywhere.com/countries/greece/) | | **Type:** | *1* Golden Visa · €500k funds Investing | *2* Golden Visa · €400k property Investing | | **Money needed:** | *1* Golden Visa · €500k funds **Needs an investment of €500k+ ≈ $559k** | *2* Golden Visa · €400k property **Needs an investment of €400k+ ≈ $447k** | | **First stay:** | *1* Golden Visa · €500k funds **2 yrs** | *2* Golden Visa · €400k property **5 yrs** | | **Renewal:** | *1* Golden Visa · €500k funds **Renewable** Details Valid two years from issue and renewed in two-year periods while one of the investment requirements is still met; the investment must run at least five years. [Procuradoria-Geral Distrital de Lisboa](https://www.pgdlisboa.pt/leis/lei_mostra_articulado.php?nid=920&tabela=leis) [AIMA](https://aima.gov.pt/pt/viver/autorizacao-de-residencia-para-investimento-art-90-o-a) | *2* Golden Visa · €400k property **Renewable** Details 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](https://www.taxheaven.gr/law/5038/2023/arthro/95) | | **Spouse can work:** | *1* Golden Visa · €500k funds **Can work** | *2* Golden Visa · €400k property **Can work** | | **Government fees:** | *1* Golden Visa · €500k funds **€843 ≈ $940 · €8,419 ≈ $9,400 · +1 more** Details €843 ≈ $940 Application review fee for the investment residence permit, which also covers the holder's family reunification applications; EUR 632.10 (≈ $710) when filed digitally. €8,419 ≈ $9,400 Fee for granting the investment residence permit; EUR 6,314.20 (≈ $7,050) when applied for digitally. €4,210 ≈ $4,700 Fee for each renewal of the investment residence permit; EUR 3,157.80 (≈ $3,530) when applied for digitally. | *2* Golden Visa · €400k property **€2,000 ≈ $2,230** Details €2,000 ≈ $2,230 Residence permit fee (EUR 16 (≈ $18) extra for the card). | | **Permanent residence:** | *1* Golden Visa · €500k funds **After 5 years of residence** Details Permanent residence needs five years on a temporary residence authorization, no serious recent conviction, means of subsistence, housing and basic Portuguese. [Procuradoria-Geral Distrital de Lisboa](https://www.pgdlisboa.pt/leis/lei_mostra_articulado.php?nid=920&tabela=leis) [AIMA](https://aima.gov.pt/pt/viver/autorizacao-de-residencia-para-investimento-art-90-o-a) | *2* Golden Visa · €400k property **After 5 years of residence** Details 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](https://www.taxheaven.gr/law/5038/2023/arthro/144) | | **Citizenship:** | *1* Golden Visa · €500k funds **After 10 years of residence** Details Naturalisation needs 10 years of legal residence on any residence title or visa (7 years for nationals of Portuguese-speaking countries and EU states), plus Portuguese language and culture, and means of subsistence. [Diário da República / Assembleia da República](https://files.diariodarepublica.pt/1s/2026/05/09500/0000200020.pdf) [AIMA](https://aima.gov.pt/pt/viver/autorizacao-de-residencia-para-investimento-art-90-o-a) | *2* Golden Visa · €400k property **After 7 years of residence** Details 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](https://mitos.gov.gr/index.php/%CE%94%CE%94:%CE%A0%CE%BF%CE%BB%CE%B9%CF%84%CE%BF%CE%B3%CF%81%CE%AC%CF%86%CE%B7%CF%83%CE%B7_%CE%91%CE%BB%CE%BB%CE%BF%CE%B3%CE%B5%CE%BD%CF%8E%CE%BD_%CE%91%CE%BB%CE%BB%CE%BF%CE%B4%CE%B1%CF%80%CF%8E%CE%BD) | | **Processing:** | *1* Golden Visa · €500k funds **Up to 90 days** Details AIMA must decide a residence permit application within 90 days, extendable by 30 days in exceptional cases; renewals within 60 days. The ARI file also requires prior online pre-registration. [Procuradoria-Geral Distrital de Lisboa](https://www.pgdlisboa.pt/leis/lei_mostra_articulado.php?nid=920&tabela=leis) [AIMA](https://aima.gov.pt/pt/viver/autorizacao-de-residencia-para-investimento-art-90-o-a) | *2* Golden Visa · €400k property **2 months** Details The permit is issued within 2 months of the complete file reaching the issuing authority (Art. 100(10)). [Taxheaven legal text repository](https://www.taxheaven.gr/law/5038/2023/arthro/100) | | **Where to apply:** | *1* Golden Visa · €500k funds **Inside the country** Details Enter Portugal on a valid Schengen visa and apply to AIMA within 90 days of first entry; no residence visa is needed. [Procuradoria-Geral Distrital de Lisboa](https://www.pgdlisboa.pt/leis/lei_mostra_articulado.php?nid=920&tabela=leis) [AIMA](https://aima.gov.pt/pt/viver/autorizacao-de-residencia-para-investimento-art-90-o-a) | *2* Golden Visa · €400k property **Abroad or in-country** Details 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](https://en.mitos.gov.gr/index.php/%CE%94%CE%94:Permanent_golden_visa_(change_of_use)_%E2%80%93_Initial_issuance) | | **Employer needed:** | *1* Golden Visa · €500k funds **No** | *2* Golden Visa · €400k property **No** | | **Tax residence test:** | *1* Golden Visa · €500k funds **More than 183 days (any 12-month period starting or ending in the tax year)** | *2* Golden Visa · €400k property **More than 183 days (any 12-month period)** | | **Foreign-source income:** | *1* Golden Visa · €500k funds Resident individuals are taxed on worldwide income, including foreign-source income, at progressive rates from 12.5% up to 48% on the 2026 brackets set by the 2026 State Budget (Lei 73-A/2025: first bracket up to EUR 8,342, (≈ $9,320) top rate above EUR 86,634 (≈ $96,800)), plus an additional solidarity rate of 2.5% on taxable income above EUR 80,000 (≈ $89,400) and 5% above EUR 250,000 (≈ $279,000); non-residents are taxed on Portuguese-source income. | *2* Golden Visa · €400k property Greek tax residents are taxed on worldwide income, including foreign-source income, at progressive rates from 9% to 44% (scale applied from tax year 2026); residence follows the main home, habitual abode or centre of vital interests, or presence over 183 days. | | **Official source:** | *1* Golden Visa · €500k funds [AIMA](https://aima.gov.pt/pt/viver/autorizacao-de-residencia-para-investimento-art-90-o-a) | *2* Golden Visa · €400k property [Ethniko Typografeio](https://migration.gov.gr/en/golden-visa/) | | **Checked against official sources:** | *1* Golden Visa · €500k funds 12 Oct 2026 · [Rule changed 18 May 2026](https://settleanywhere.com/changes/2026-05-18-portugal-c53a9d/) | *2* Golden Visa · €400k property 12 Oct 2026 | ≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated. **Official sources** ### Portugal Golden Visa · €500k funds 1. [Residence Authorization for Investment Activity (ARI), Art. 90-A](https://aima.gov.pt/pt/viver/autorizacao-de-residencia-para-investimento-art-90-o-a) · AIMA · checked 2026-10-10 2. [Lei n.º 23/2007 (Foreigners Law, REPSAE), consolidated text current to Lei n.º 62/2026 of 10 September 2026](https://www.pgdlisboa.pt/leis/lei_mostra_articulado.php?nid=920&tabela=leis) · Procuradoria-Geral Distrital de Lisboa (consolidated legislation) · checked 2026-10-10 3. [AIMA table of fees for residence and stay procedures (Portaria 307/2023 as consolidated, in force from 1 March 2026)](https://aima.gov.pt/documents/tabela-de-taxas-e-demais-encargos-a-cobrar-pelos-procedimentos-administrativos.pdf) · Agency for Integration, Migration and Asylum (AIMA) · checked 2026-10-11 4. [AIMA family reunification, Article 98(2) in Portugal](https://aima.gov.pt/pt/viver/reagrupamento-familiar-com-familiar-em-territorio-nacional-art-98-o-n-o-2) · AIMA · checked 2026-10-10 5. [Lei Orgânica n.º 1/2026 of 18 May (amends the Nationality Law, Law 37/81)](https://files.diariodarepublica.pt/1s/2026/05/09500/0000200020.pdf) · Diário da República / Assembleia da República · checked 2026-10-11 ### Greece Golden Visa · €400k property 1. [Law 5100/2024, art. 64, replacing art. 100 of the Migration Code (Government Gazette A 49/05.04.2024)](https://ia37rg02wpsa01.blob.core.windows.net/fek/01/2024/20240100049.pdf) · Ethniko Typografeio (Government Gazette) · checked 2026-10-11 2. [Increase of minimum real-estate investment for golden visa (art. 64 Law 5100/2024)](https://stegasi.gov.gr/programs/afxisi-oriou-elachistis-ependysis-se-akinita-gia-apoktisi-golden-visa/) · Ministry of Social Cohesion and Family - Housing Policy Portal · checked 2026-10-10 3. [Golden visa programme (investment in a listed real property)](https://en.mitos.gov.gr/index.php/%CE%94%CE%94:Golden_visa_programme_(investment_in_a_listed_real_property)_%E2%80%93_Initial_issuance) · National Registry of Administrative Public Services (mitos.gov.gr) · checked 2026-10-10 4. [Law 5038/2023, Migration Code (Government Gazette A 81/01.04.2023)](https://ia37rg02wpsa01.blob.core.windows.net/fek/01/2023/20230100081.pdf) · Ethniko Typografeio (Government Gazette) · checked 2026-10-11 5. [Migration Code, art. 100 (real-estate investment permit, type B.5), consolidated text](https://www.taxheaven.gr/law/5038/2023/arthro/100) · Taxheaven legal text repository (consolidated Migration Code, Law 5038/2023) · checked 2026-10-11 6. [Migration Code, art. 95 (duration of investor permits and family members), consolidated text](https://www.taxheaven.gr/law/5038/2023/arthro/95) · Taxheaven legal text repository (consolidated Migration Code, Law 5038/2023) · checked 2026-10-11 7. [Migration Code, art. 89 (rights and obligations of family members: access to dependent employment), consolidated text](https://www.taxheaven.gr/law/5038/2023/arthro/89) · Taxheaven (Law 5038/2023 consolidated text) · checked 2026-10-12 8. [Law 5275/2026, Government Gazette A 17 of 6 February 2026 (amendments to the Migration Code)](https://ia37rg02wpsa01.blob.core.windows.net/fek/01/2026/20260100017.pdf) · National Printing House (Ethniko Typografeio) · checked 2026-10-12 9. [Migration Code, art. 144 (long-term resident status: conditions), consolidated text](https://www.taxheaven.gr/law/5038/2023/arthro/144) · TaxHeaven (consolidated Law 5038/2023) · checked 2026-10-11 10. [Migration Code, art. 143 (long-term resident status: scope), consolidated text](https://www.taxheaven.gr/law/5038/2023/arthro/143) · TaxHeaven (consolidated Law 5038/2023) · checked 2026-10-11 11. [Naturalisation of non-ethnic-Greek aliens (Politografisi Allogenon Allodapon)](https://mitos.gov.gr/index.php/%CE%94%CE%94:%CE%A0%CE%BF%CE%BB%CE%B9%CF%84%CE%BF%CE%B3%CF%81%CE%AC%CF%86%CE%B7%CF%83%CE%B7_%CE%91%CE%BB%CE%BB%CE%BF%CE%B3%CE%B5%CE%BD%CF%8E%CE%BD_%CE%91%CE%BB%CE%BB%CE%BF%CE%B4%CE%B1%CF%80%CF%8E%CE%BD) · Ministry of Interior, National Registry of Administrative Public Services (mitos.gov.gr) · checked 2026-10-11 12. [Permanent golden visa (change of use)](https://en.mitos.gov.gr/index.php/%CE%94%CE%94:Permanent_golden_visa_(change_of_use)_%E2%80%93_Initial_issuance) · National Registry of Administrative Public Services (mitos.gov.gr) · checked 2026-10-10 ## More head-to-heads