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Greece Golden Visa compared with the Hungary Guest Investor Programme

Both are EU residency by investment routes, but Greece is property based while Hungary now centres on a regulated fund certificate.

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Reference
Official authorityGreek Ministry of Migration and Asylum; National Directorate General for Aliens Policing (Hungary)
ProgrammeGreece Golden Visa
Information current as ofJune 2026
Official source →

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

Written by Fredrik Filipsson and reviewed by Morten Andersen of the Passports for Kings editorial team. Last reviewed 2 May 2026.

At a glance

Both programmes grant residence in an EU and Schengen member state in return for a qualifying investment. Greece is property based with thresholds that vary by location. Hungary relaunched investor residence as the Guest Investor Programme, which now centres on a regulated real estate fund certificate after the direct property purchase option was removed in January 2025.

Cost

In Greece the real estate threshold is 800,000 euros in high demand areas, 400,000 euros elsewhere, and 250,000 euros for a commercial to residential conversion or a restored listed property. In Hungary the main route requires at least 250,000 euros in approved investment certificates of a real estate fund registered with the Hungarian National Bank, and a donation route to a higher education institution also exists.

Government charges and professional fees apply in both. Confirm the current figures with each authority.

Timeline

Greece issues a five year renewable residence permit. The Hungarian guest investor residence permit is valid for ten years and is renewable. Processing times vary with demand, so confirm before planning.

Passport reach

Neither grants an immediate passport. Both give EU and Schengen residence, with naturalisation later following each country's national law after qualifying residence and other conditions. Confirm the current rules.

Who each suits

Greece suits buyers who want a tangible property and the option of long term rental within the rules. Hungary suits those who prefer a fund certificate and a long ten year permit with low presence requirements.

ItemGreece Golden VisaHungary Guest Investor Programme
Minimum investmentReal estate 400,000 to 800,000 euros; 250,000 euros for conversion or restorationReal estate fund certificate from 250,000 euros
Main routeReal estateRegulated real estate fund certificate
Direct property optionYesRemoved January 2025
Permit lengthFive years, renewableTen years, renewable
AuthorityGreek Ministry of Migration and AsylumNational Directorate General for Aliens Policing

Figures are indicative and current as of June 2026. Greek Ministry of Migration and Asylum; National Directorate General for Aliens Policing (Hungary) publishes the binding detail. Verify before you act.

Common questions

Can I still buy a home directly for the Hungarian route?

No. The direct property purchase option was removed in January 2025. The main route is now a regulated real estate fund certificate.

How long is each permit valid?

The Greek permit runs five years and renews. The Hungarian guest investor permit is valid for ten years and is renewable.

Do either grant citizenship immediately?

No. Both grant residence first, with naturalisation following national law after qualifying residence.

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

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