Golden Visa Showdown: Greece, Lithuania, Spain & Portugal – Which Program is Right for You?

f you’re looking for a way to secure European residency, enjoy visa-free travel within the Schengen Zone, and possibly even gain citizenship, Golden Visa programs offer an excellent opportunity. Many countries in Europe, including Greece, Lithuania, Spain, and Portugal, have developed Golden Visa programs aimed at attracting foreign investors. But which program offers the most value? In this post, we’ll compare these countries’ programs, focusing on €500,000 fund investments, and explain why the Lithuania Golden Visa Program stands out from the rest.

What Is a Golden Visa?

Before diving into comparisons, let’s take a moment to understand the basics of a Golden Visa. A Golden Visa is a residence permit granted to investors who make a qualifying investment in a country. This could be in real estate, funds, or other government-approved options. The key benefit of a Golden Visa is that it provides residency rights, with the opportunity to gain permanent residency or citizenship after a certain period, along with visa-free travel in the Schengen Area.

Lithuania Golden Visa: The Best of Both Worlds

The Lithuania Golden Visa Program is rapidly gaining popularity, particularly for those seeking a flexible and affordable option. The program requires a minimum investment of €75,000, with €50,000 allocated toward a digital asset fund that yields a 5% annual return for 5 years. After this period, investors can either withdraw their investment or continue while transitioning to permanent residency.

Key Advantages of Lithuania’s Golden Visa:

• Low Investment Threshold: Unlike other programs that demand higher initial investments, Lithuania’s €75,000 requirement makes it one of the most affordable options.

• Guaranteed Returns: The 5% annual return on the digital asset fund is a unique feature that offers investors a secure financial gain while holding their residency.

• Flexible Residency: While Greece, Spain, and Portugal may require more frequent renewals, Lithuania offers a streamlined process for obtaining and maintaining residency, with less red tape.

• Visa-Free Travel: Lithuania’s Golden Visa grants visa-free access to 26 Schengen countries, offering seamless travel for business or leisure.

• Pathway to Citizenship: After 10 years, investors can apply for Lithuanian citizenship, opening up the full rights and privileges of EU citizenship.

Greece Golden Visa Program

The Greece Golden Visa Program has become one of the most popular in Europe, largely due to its investment threshold of €500,000 in real estate. While it provides immediate residency, it doesn’t offer the financial returns that programs like Lithuania’s provide.

• Investment Amount: €500,000 in real estate.

• Residency: Offers fast-track residency but lacks investment returns.

• Renewals: Residency is renewed every 5 years with no minimum stay requirements.

• Citizenship: Applicants can apply for citizenship after 7 years of continuous residence, but they must live in Greece for the majority of that time.

Why Lithuania is Better: While Greece offers quick residency, the high upfront cost and the lack of financial return make it less attractive compared to Lithuania, where you gain both residency and returns on your investment.

Spain Golden Visa Program

Spain’s Golden Visa program is another popular choice, requiring a minimum investment of €500,000 in real estate. However, Spain’s program is known for its lengthy and bureaucratic processes.

• Investment Amount: €500,000 in real estate.

• Residency: Allows residency with the possibility of including family members.

• Renewals: The visa is renewable every 2 years, with no minimum stay requirement.

• Citizenship: Applicants can apply for citizenship after 10 years, but with stringent residency requirements.

Why Lithuania is Better: Spain offers a well-established program, but the high cost, slow processing times, and lack of financial return make it less appealing than Lithuania’s Golden Visa, which provides steady returns and a faster process.

Portugal Golden Visa Program

Portugal has one of the most well-known Golden Visa programs, offering a wide range of investment options, including the €500,000 investment in funds. While Portugal’s program is flexible and provides access to high-quality healthcare and education, it comes with hefty fees and complex processes.

• Investment Amount: €500,000 in real estate or government-approved funds.

• Residency: Investors receive residency with the ability to renew every 2 years.

• Renewals: Residency is renewed every 2 years, with a minimum stay of 7 days per year.

• Citizenship: Citizenship is available after 5 years, but strict residency requirements apply.

Why Lithuania is Better: Portugal’s program is certainly attractive for those seeking EU residency, but its hefty upfront investment and slow processing times make it less accessible than Lithuania’s lower-cost, fast-track option, which provides immediate financial returns.

Comparing the Four Programs: Greece vs. Lithuania vs. Spain vs. Portugal

When comparing the Golden Visa Programs of these four countries, Lithuania stands out for several reasons:

1. Investment Size:

• Lithuania: €75,000, split between a €50,000 digital asset fund and €25,000 in fees.

• Greece, Spain, Portugal: €500,000 in real estate or funds, making them more expensive.

2. Returns on Investment:

• Lithuania: Offers 5% annual return on the digital asset fund, providing financial gain alongside residency.

• Greece, Spain, Portugal: No guaranteed returns, with real estate being the primary investment option.

3. Residency Requirements:

• Lithuania: Streamlined process, offering 1+2+2 year residency permits, with the option to transition to permanent residency after 5 years.

• Greece, Spain, Portugal: Longer and more bureaucratic processes for obtaining and renewing residency.

4. Citizenship Pathway:

• Lithuania: Allows for citizenship application after 10 years of residency.

• Greece: Citizenship available after 7 years, but only if you meet strict residency requirements.

• Spain: Citizenship after 10 years, with stringent residency conditions.

• Portugal: Citizenship after 5 years, with annual residency requirements.

Conclusion: Why Lithuania’s Golden Visa Program is the Best Option

The Lithuania Golden Visa Program offers the perfect balance of affordability, financial gain, and residency flexibility. For those looking to gain access to European residency without the high investment thresholds of countries like Spain, Portugal, and Greece, Lithuania is the ideal choice. The 5% annual return on the digital asset fund makes it even more attractive for investors seeking both residency and profit.

If you’re considering a Golden Visa, Lithuania should be at the top of your list.