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Greece vs Portugal Golden Visa: A Comparative Analysis
Both Greece and Portugal offer attractive Golden Visa programs for individuals seeking residency and investment opportunities in the European Union (EU). Here's a comparative analysis of the key aspects of these programs:
Visa-Free Travel
Both countries provide visa-free travel within the Schengen Area, granting access to 26 European countries.
Path to Citizenship
Portugal offers a faster route to citizenship, with eligibility after 5 years, compared to Greece's 7-year requirement.
Residency Requirements
Greece has more flexible residency requirements, with no mandatory stay, while Portugal requires a minimum of 7 days in the first year and 14 days every 2 years.
Education Benefits
Both countries provide access to quality education, with Greece offering free education opportunities.
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Processing Time and Visa Validity
Greece has a faster processing time of 2-3 months, compared to 4-6 months for Portugal. However, Portugal's initial visa is valid for 4 months, while Greece's is 1 year.
Investment Requirements
Greece has a lower minimum investment threshold of €250,000 for real estate, while Portugal requires a minimum of €500,000 with more diverse investment options.
The choice between the two programs depends on individual priorities and investment goals. Greece offers a faster process, lower investment, and more flexible residency, while Portugal provides a quicker path to citizenship and a wider range of investment options.