Greece offers investors three investment thresholds, depending on the location of the property:
€250,000 — for purchasing real estate intended for renovation or conversion into residential use;
€400,000 — for new properties in most regions of Greece;
€800,000 — for real estate in Attica, Thessaloniki, Mykonos, Santorini, and islands with a population of at least 3,100 residents.
The minimum area for new properties must be at least 120 square metres. Investors can purchase either residential or commercial real estate.
Malta offers permanent residence in the country through renting or purchasing property. The minimum annual rental cost is €10,000 in the south of Malta and on the island of Gozo, and €12,000 in other regions.
Property purchase requires at least €300,000 in the south of Malta and on the island of Gozo, and €350,000 or more in the north and central regions of the country. The property can be sold, and the investment recovered five years after obtaining permanent residence.
From 1 January 2025, the minimum rental cost will increase to €14,000, regardless of the region. The minimum investment required for property purchases will rise to €375,000.
Spain allows investors to obtain a residence permit by purchasing real estate worth at least €500,000. Hungary had planned to introduce the same threshold. Investors in Spain are eligible to purchase residential or commercial property, either a single unit or multiple properties.
Spain will discontinue its Golden Visa in March 2025. Investors who submit their applications before the program ends will still be able to obtain a residence permit and renew it without restrictions.
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