TEMPO.CO, Jakarta - Living in Europe with a second citizenship becomes a reality when you set out to secure a Golden Visa. While the program is often associated with a significant investment, some of the cheapest Golden Visa countries in Europe allow you to enjoy the benefits of living and working within, with a much lower minimum investment requirement—ranging from €182,000 to €250,000.
List of the Cheapest Golden Visa Countries in Europe
Immigrant Invest highlights Malta and Greece as two of the cheapest Golden Visa countries in Europe. Other nations in the continent with comparatively lower investment requirements include:
1. Malta - €182,000
Malta is an attractive option among the cheapest Golden Visa countries in Europe. The Malta Permanent Residence Program requires a contribution of only €182,000 and is open to non-EU, non-EEA, and non-Swiss nationals.
Aside from the low entry price, the program presents incredible benefits, including visa-free travel in the Schengen Area, tax advantages, and no physical stay requirements.
2. Greece - €250,000
A popular Golden Visa program in Europe, Greece can be your future home for just a €250,000 investment threshold. Eligible for non-EU nationals, the Greece Golden Visa provides the benefits of an initial 5-year residency that can be renewed for an additional five-year period, as long as the investment is maintained. It also brings the opportunity to travel to Schengen countries visa-free.
3. Portugal - €250,000
Not only is it the cheapest European country to visit, but Portugal is also a top choice for those seeking an affordable Golden Visa. Like Greece, the Portugal Golden Visa Program also requires an investment of €250,000 before finally obtaining a two-year resident permit.
Beyond the benefit of visa-free travel in the Schengen Area, you’ll also be granted the right to apply for citizenship after five years while maintaining other citizenship(s).
4. Italy - €250,000
The land of art and history, Italy stands out as one of the cheapest Golden Visa countries in Europe, with an investment requirement of just €250,000. The Italy Residence by Investment Program opens the doors to living in the country, travel to Europe’s Schengen Area visa-free, and no obligation to stay permanently in Italy.
5. Hungary - €250,000
Through its Guest Investor Program, Hungary offers a more affordable Golden Visa for €250,000. While Hungary’s program doesn’t offer an immediate path to citizenship, it grants a 10-year residency, which can be renewed for another period. The country also brings the advantages of access to the Schengen Area and European living with a relatively low cost.
6. Latvia - €250,000
Latvia rounds out the list of the cheapest Golden Visa countries in Europe for 2025. With an investment of €250,000, you can secure a 5-year residency in this Baltic gem and enjoy visa-free travel to the Schengen Area. If you’re aiming for citizenship, you can also apply after 10 years of legal residence—taking only a single renewal of your Golden Visa.
With each of these countries offering residency at a reasonable price, your dream of living in Europe might be closer than you think. For those seeking more destinations, let’s take a look at the best countries to live in!
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