Hungary vs Greece, Portugal and Cyprus: Which Golden Visa Fits You in 2026

By Darya Melnik · Updated · Facts checked against the sources listed below

Reeds and a winding channel in the flat puszta of Hortobágy National Park

When a family has EUR 250,000 to EUR 500,000 and wants Europe, I usually put four countries on one sheet. Here is that sheet, checked on 26 October 2026 against OIF for Hungary and BRIDGES for the others.

The comparison

HungaryGreecePortugalCyprus
MinimumEUR 250,000 fundEUR 250,000 to 800,000 property, by areaEUR 500,000 fundEUR 300,000 property
Permitup to 10 years, plus 105 years, renewablerenewable, citizenship application after 5 yearspermanent residence
Stay requirementnonenoneabout 7 days a yeara visit every 2 years
Workyesnoyeslimited
Own property as the investmentnoyesnoyes

Greece: BRIDGES gives EUR 800,000 for Athens, Thessaloniki and the popular islands, EUR 400,000 for most other regions and EUR 250,000 for certain conversions. Portugal: the BRIDGES comparison article gives EUR 500,000 for funds and no property route since 2023, while the BRIDGES Hungary programme page shows Portugal from EUR 200,000. I show both figures because they differ, and I would check the Portuguese rule before relying on either. The work column for Greece and Cyprus is the BRIDGES summary, check it for your case.

Where Hungary is strong

  • the longest single permit of the four;
  • no stay requirement at all, confirmed by OIF;
  • unrestricted right to work in Hungary;
  • one amount for the whole family, according to BRIDGES.

Where Hungary is weak

  • you cannot hold the property yourself, only fund units;
  • the money is locked for at least five years, and the return depends on the fund;
  • the programme is young (since 2024) and the choice of funds is limited, BRIDGES notes;
  • the permit does not lead to citizenship unless you actually live in Hungary.

For a closer look at Cyprus see the BRIDGES Hungary vs Cyprus comparison.

For Russian citizens the table looks different

BRIDGES writes that EU sanctions close fund-based routes, in Hungary and in Portugal, to Russian citizens without EU, EEA or Swiss citizenship or residence. In its view Cyprus and Greece remain workable for some Russian applicants. I cover the Hungarian side in the complete guide.

Vineyard rows on a hill above Lake Balaton near Balatonlelle

Two Hungarian alternatives that are not investments

PermitWho it is for, according to BRIDGESKey terms
White Cardremote workers for a foreign employer or own foreign businessat least EUR 3,000 net a month over the last 6 months; 1 year plus one extension; no family reunification
Self-employment permitpeople running their own business in Hungaryno investment threshold; 1 to 2 years; family through reunification; permanent residence possible after 3 years

These suit people who actually move. The guest investor permit suits people who want status without moving.

How I choose with clients

If you want a flat of your own in the sun, Greece or Cyprus. If you want the longest status with no stays and accept a fund, Hungary. If Portugal’s citizenship timeline matters more than cost, Portugal. And if you hold a Russian passport, start with the sanctions question before comparing anything else.

Questions and answers

Which is cheapest: Hungary, Greece or Portugal?

Hungary and the cheaper Greek regions both start at EUR 250,000. Greece costs EUR 800,000 in Athens, Thessaloniki and the popular islands. Portugal's fund route is EUR 500,000 in the BRIDGES comparison article.

Which gives the longest permit?

Hungary: up to 10 years plus one 10-year extension. Greece issues 5-year renewable permits. Cyprus gives permanent residence, which BRIDGES describes as open-ended with a visit every 2 years.

Can I buy property in Hungary for residence?

Not for the guest investor permit. The investment must be fund units or a donation.

Are there cheaper Hungarian permits?

Yes, but for different people: the White Card for remote workers earning at least EUR 3,000 net a month, and the self-employment permit. Neither is an investment permit.

Sources

Checked on 26 October 2026. Rules and fees change, so confirm them with the official sources before you file anything.