Hungary, Portugal, and Greece offer appealing Golden Visas. But if we compare the cost of living and the investment amounts, which location is best?

First, all three countries are likely more affordable than the other, wealthier Member States of the European Union. The home countries of the most popular EU Golden Visas are in different geographical locations: Portugal is to the West, Hungary is to Central Europe, and Greece is to the South. They have different cultures, lifestyles and budgets, but all have advantages.

Hungary and the Guest Investor Visa

Known for its affordability, Hungary has a lower cost of living than Western Europe. Monthly expenses for a single person average around 700 EUR without rent, while a family of four might spend approximately 2,450 euros. Rent is remarkably affordable, with apartments in the centres costing about 450 EUR per month.

How much does the Hungarian Golden Visa cost?

There are two options:

• You can invest 250,000 euros in a licenced real estate investment fund.

         or

• You can donate 1.000.000 euros to a higher education institution.
  
  

Portugal and the Golden Visa

A single person's monthly expenses average 740 euros without rent, and a family of four might spend around 2,600 euros. Rent in Lisbon or Porto is higher, with one-bedroom apartments in city centres costing about 500-800 euros. Dining out is affordable, with meals costing 10-15 euros at local restaurants.

How much does the Portugal Golden Visa cost?

The Portugal Golden Visa program offers several options:

• Invest in certain venture funds for at least a half million euros
• Create at least ten jobs
• Donate at least 500,000 in scientific research
• Invest at least 500,000 euros in a commercial company
• Invest 250,000 euros in artistic production or the preservation of national cultural heritage.
  
  

Greece Golden Visa

Greece's cost of living is comparable to Portugal's. A single person spends around 865 euros monthly without rent, and a family of four around 3,000 euros. Rent varies by location, costing approximately 5-800 euros in city-centre flats. Dining out at inexpensive restaurants costing 8-15 euros.

Cost of the Greece Golden Visa

There are several options to become a resident in Greece through the Golden Visa Program:

• You can invest in real estate for at least 250,000 euros
• You can have a Hotel Lease Agreement for a minimum of 250,000 euros
• You can invest in Greek Alternative or Mutual Funds from 350,000 euros
• You can invest in Greek company shares from half a million euros
• You can buy Greek government or corporate funds from 800,000 euros.
  
  

In summary, Hungary is the most budget-friendly jurisdiction, Portugal balances cost with quality of life, and Greece offers a Mediterranean lifestyle at an affordable price. Your choice depends on your priorities, such as affordability, lifestyle, or cultural preferences.

Discus Holdings Ltd's experts have been supporting applicants for these programs since they began to attract applicants. Ask here for a consultation, and let us help you find the best solution for you!

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