GREECE | CYPRUS | SPAIN | PORTUGAL | HUNGARY “Bonds” |
|
Schengen Country | Yes | No | Yes | Yes | Yes |
Free travel to Schengen Area |
Yes (Schengen) | No (Not-Schengen) | Yes (Schengen) | Yes (Schengen) | Yes |
EU Country | Yes | Yes | Yes | Yes | Yes |
EURO(€)Zone | Yes (EUR €) | Yes (EUR €) | Yes (EUR €) | Yes (EUR €) | No (HUF) |
Minimum Investment (in Euro) |
250,000 € | 300,000 € | 500,000 € | 500,000 € | ~300,000 € Total (1) |
Compulsory period of staying |
No | Yes | No | Yes | – |
Minimum period of staying |
No | – | No | 7 days 1st year / 14 days the following 2 years | – |
Initial Residence Permit |
5 years | – | 1 year | 1 years | 5 |
Renewal period | Every 5 years | – | 2+2 years | Every 2 years | Every 5 years |
Number of Revisits |
None | Once every 2 years | Once every 2 years | Once 1st year / once the following 2 years | – |
Minimum Bank Deposit |
No | Yes / 30,000 € | – | – | – |
Minimum No of Properties |
No | Yes | – | – | – |
Issuance of Title Deed |
Usually less than 7 days | May take longer than other EU countries | – | – | – |
GREECE | CYPRUS | SPAIN | PORTUGAL | HUNGARY “Bonds” |
Note: We believe the information in the comparison to be reasonably reliable but we do not guarantee its accuracy. Consumers are solely responsible for verifying the claims. If there are any inaccuracies please contact us. For better understanding of the differences between real-estate immigration programs we recommend readers to directly refer to the countries investment immigration laws.
{1} Hungary Residence permit program involves buying government Bonds with 0% Interest Rate. The total cost is calculated as: 250,000€ Bonds + 40,000€ Government Fees + (~10,000€ ) Agency Fee = ~300.000€ of which only 250,000€ the investors can claim after 5 years. The actual value of funds returned after 5 years is estimated to about 215,000€ due to inflation ( estimate 3%/year inflation )