Mirabello ConsultancyCompare › Greece vs Cyprus Permanent

Greece vs Cyprus Permanent (2026)

The Greece Golden Visa grants renewable EU residency from EUR 250,000 (tiered to EUR 400,000–800,000 in high-demand zones) via real estate. It allows Schengen travel and includes the family, with no minimum-stay requirement.

Greece vs Cyprus Permanent — verified comparison, 2026
CriterionGreeceCyprus Permanent
TypeRBIRBI
Minimum investmentEUR 250,000EUR 300,000
Family of 4US$250,000 (family of 4)US$300,000 (family of 4)
Processing time3–9 months (improved from 12–18 months in 2023–2024)4–6 months (one of the fastest in Europe)
MobilitySchengen Area — visa-free travel across 27 European countriesEU member state. Visa-free travel within EU (but Cyprus is NOT in the Schengen Area — separate visa regime). Cypriot permanent residents can travel within the EU but may need separate visa for Schengen-specific travel in some cases.
Path to citizenship7 years of actual residence in Greece (must spend majority of time in Greece, pass language exam, demonstrate integration)8 years of legal residence in Cyprus. Must be physically present for the majority of those 8 years. Must pass basic Greek language exam (A2 level). Cypriot passport offers 177 visa-free countries.
Tax noteincome tax: Progressive rates: 9% (up to €10,000), 22% (€10,001–€20,000), 28% (€20,001–€30,000), 36% (€30,001–€40,000), 44% (€40,001+). Applies only if Greek tax resident (183+ days/year).; CGT: Capital gains on property sales taxed at 15%. Exemptions available for primary residence held 5+ years.; income tax: Progressive rates for residents: 0% on first €19,500, 20% on €19,501–€28,000, 25% on €28,001–€36,300, 30% on €36,301–€60,000, 35% on €60,001+. Non-residents taxed only on Cyprus-sourced income.; CGT: 20% on gains from disposal of immovable property situated in Cyprus. Capital gains from
Verification✓ verified vs official source (2026-06-06)✓ verified vs official source (2026-06-06)

Which should you choose?

Greece has the lower verified entry cost (EUR 250,000 vs EUR 300,000). The right choice depends on your nationality, family composition, timeline and goals — a specialist comparison takes 30 minutes.

Frequently asked questions

Which is cheaper, Greece or Cyprus Permanent?

Greece has the lower verified minimum: EUR 250,000. Total cost depends on family size and government fees — verified figures above.

Which is better for a family of four?

Greece: US$250,000 (family of 4). Cyprus Permanent: US$300,000 (family of 4). Family composition (children's ages, parents) often decides this — both programmes treat dependants differently.

Are these figures current?

Yes — ✓ verified vs official source (2026-06-06); ✓ verified vs official source (2026-06-06). Every figure traces to the official government source; see our methodology and live change log.

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Figures are the verified government cost basis (see methodology · change log); totals vary with fees and family composition. General information, not legal or investment advice. © Mirabello Consultancy Ltd.