Trong bối cảnh các chương trình định cư theo diện đầu tư của Liên minh châu Âu ngày càng phát triển, hai quốc gia nổi bật hơn cả đối với các nhà đầu tư nước ngoài đang tìm kiếm cơ hội đầu tư tại châu Âu: Hy lạp và HungaryCả hai quốc gia đều cung cấp các con đường để có được quyền cư trú tại EU thông qua đầu tư vốn, tuy nhiên các chương trình của họ khác nhau đáng kể về chi phí, tốc độ xử lý, quyền làm việc và triển vọng nhập quốc tịch lâu dài.
Whether you are a digital nomad seeking Schengen mobility, a tech entrepreneur planning European expansion, or a diaspora member considering repatriation options, this guide breaks down the Visa vàng Hy Lạp vs Hungary debate with the latest 2026 requirements and real-world implications. For Armenians and members of the Armenian diaspora exploring EU access — whether for business expansion, family reunification, or quality-of-life reasons — both programs offer viable pathways worth serious consideration.
Trong nháy mắt
| Tính năng | Visa vàng Hy Lạp | Hungary Guest Investor |
|---|---|---|
| Đầu tư tối thiểu | €400,000–€800,000 (real estate) | 250,000 euro (quỹ) hoặc 1,000,000 euro (quyên góp) |
| Thời gian xử lý | 12 tầm 16 tháng | 2 tầm 6 tháng |
| Quyền lao động | No employment; business ownership allowed | Full work and business rights |
| Hiệu lực của giấy phép | 5 năm (có thể tái tạo) | 10 năm (có thể tái tạo) |
| Lịch trình nhập quốc tịch | 7 năm cư trú | 11 years (3 yr PR + 8 yr citizenship) |
| Sự hiện diện thực tế | None required to maintain permit | None required to maintain permit |
| Bao gồm gia đình | Spouse, children under 21, parents of both spouses | Spouse and minor children |
| quyền truy cập Schengen | 90/180-day travel in Schengen Area | 90/180-day travel in Schengen Area |
Mục lục
- Greece vs Hungary Golden Visa: 2026 investment requirements
- Comparing costs: real estate and fund investments
- Processing times and application procedures
- Residency rights and work opportunities
- Yêu cầu về chăm sóc sức khỏe và bảo hiểm
- Physical presence and Schengen travel
- Citizenship pathways: securing an EU passport
- Tax implications for investors
- Choosing the right golden visa: a decision framework
- Các câu hỏi thường gặp
Greece vs Hungary Golden Visa: 2026 investment requirements and eligibility
Cả hai chương trình đều đã trải qua những cải cách đáng kể trong những năm gần đây, nâng cao ngưỡng tham gia và tinh chỉnh các hạng mục đầu tư đủ điều kiện.
Thị thực vàng Hy Lạp 2026
Under Law 5100/2024 and subsequent 2026 updates, Greece’s Golden Visa mandates a minimum real estate investment based on location. High-demand zones — including the Region of Attica (Athens), Thessaloniki, Mykonos, Santorini, and all islands with populations over 3,100 — require a minimum of €800,000 in a single property of at least 120 m². All other regions require €400,000 under the same single-property and size requirements.
Two notable exceptions lower the threshold to €250,000: commercial-to-residential property conversions (completed anywhere in Greece before filing the application) and listed or heritage buildings undergoing full restoration, with restoration required by the first five-year renewal or the permit is revoked along with a €150,000 fine.
Beyond real estate, alternative qualifying investment categories include Greek government bonds (minimum €500,000, three-year residual maturity), units in Greek-focused mutual funds or alternative investment funds (minimum €350,000), capital contributions to Greek real estate investment companies or REICs (minimum €500,000), listed financial instruments portfolios (minimum €800,000), and bank time deposits (minimum €500,000, one-year term).
The program extends to the investor’s spouse or registered partner, dependent children under 21 (or up to 24 if enrolled in education, unmarried, and financially dependent), and parents of both the main applicant and spouse at any age. There is no minimum physical presence requirement to maintain the permit.
Chương trình Nhà đầu tư Khách mời Hungary 2026
Hungary relaunched its Guest Investor Program in July 2024. As of 2026, two qualifying investment routes remain active: a minimum €250,000 investment in a government-approved real estate fund registered with the Hungarian National Bank, or a €1,000,000 financial donation to a higher-education institution maintained by a public trust.
A previous option allowing a direct €500,000 residential real estate purchase was formally abolished in January 2025. It has not been replaced by a new category — only the fund and donation routes remain.
The investor residence permit is valid for 10 năm and is renewable for another 10 years. It extends to the investor’s spouse and minor children under 18. Whether adult children or parents of the investor can be included is not clearly confirmed in official sources. Hungary requires investors to demonstrate the legal origin of funds.
Comparing costs: real estate and fund investments in Greece and Hungary
Ngoài các con số đầu tư ban đầu, người nộp đơn cần phải dự trù kinh phí cho phí pháp lý, thẩm định, thuế chuyển nhượng bất động sản và chi phí bảo trì thường xuyên.
| thành phần chi phí | Hy lạp | Hungary |
|---|---|---|
| Đầu tư tối thiểu | € 400,000– € 800,000 | 250,000 euro (quỹ) hoặc 1,000,000 euro (quyên góp) |
| Thuế chuyển nhượng tài sản | ~3% giá trị tài sản | Không áp dụng (đầu tư quỹ) |
| Legal and admin fees (market estimate) | € 5,000– € 15,000 | € 10,000– € 20,000 |
| Bảo dưỡng hằng năm | Property upkeep, taxes, ENFIA | Phí quản lý quỹ (~1–2%) |
| Thanh khoản | Bất động sản (ít thanh khoản) | Đơn vị quỹ (thanh khoản cao hơn sau thời gian khóa) |
Note: Legal and admin fee ranges are general market estimates and vary by provider. They do not represent Vardanyan & Partners pricing.
Đầu tư bất động sản ở Hy Lạp mang lại quyền sở hữu tài sản hữu hình và tiềm năng thu nhập từ cho thuê. Tuy nhiên, tính thanh khoản thấp của bất động sản và chi phí đầu tư ban đầu cao có thể làm tắc nghẽn vốn. Mô hình quỹ đầu tư của Hungary cung cấp sự đa dạng hóa tốt hơn và chiến lược thoái vốn dễ dàng hơn sau khi hết thời hạn nắm giữ tối thiểu.
For investors prioritizing lower upfront capital and faster liquidity, Hungary’s €250,000 fund option is compelling. Those seeking direct property ownership and the lifestyle benefits of the Mediterranean may prefer Greece.
Processing times and application procedures: Greece vs Hungary
Tốc độ hoàn thành chương trình nội trú là yếu tố khác biệt quan trọng giữa các chương trình này.
Hungary: faster processing
Hungary’s Guest Investor Program is processed through a dedicated unit under the Hungarian National Directorate-General for Aliens Policing. While some commercial guides have cited an approximate 21-business-day decision target, this timeline has not been confirmed in official sources. In practice, applicants should expect a total timeline of approximately hai đến sáu tháng from initial application to receiving the residence permit card, including visa processing and document review.
The typical steps are selecting an approved real estate fund and completing the investment, compiling required documents (passport, background checks, proof of health insurance, evidence of legal origin of funds), submitting the application, receiving a decision, and collecting the residence permit card upon approval.
Greece: longer timelines
Greece’s Golden Visa applications have historically faced backlogs, though processing has improved in recent years. As of 2026, the practical timeframe from full filing to receiving the residence permit card is approximately 12 đến tháng 16. Investors should budget accordingly and plan travel and business decisions with this timeline in mind.
The process involves acquiring qualifying property or making an eligible investment, obtaining a Greek tax identification number (AFM), scheduling an appointment with the Decentralized Administration, submitting biometrics and documentation along with proof of investment, awaiting approval, and receiving the five-year residence permit.
Residency rights and work opportunities
Phạm vi quyền được cấp theo mỗi loại giấy phép rất khác nhau, đặc biệt là liên quan đến hoạt động việc làm và kinh doanh.
Hungary: full business and work rights
Hungary’s Guest Investor permit grants full labor market and business ownership rights to both the investor and their family members. Holders can establish or join Hungarian companies, manage operations, accept employment, and draw salaries. This makes Hungary particularly attractive for entrepreneurs and professionals who intend to be economically active in the EU.
Greece: residency without work authorization
Greece’s Golden Visa does not grant the right to salaried employment. Holders may reside in Greece and travel freely within the Schengen Area, but they cannot accept employment without a separate work permit. However, investors may own companies, serve as directors, and receive dividends or business profits. Passive income from rental properties is also permitted. Those planning to launch Greek enterprises may need to explore alternative đăng ký kinh doanh pathways for employment authorization.
Yêu cầu về chăm sóc sức khỏe và bảo hiểm
Both programs require applicants to demonstrate health insurance coverage, though the specifics differ.
Hy lạp
Greece requires bảo hiểm y tế tư nhân valid in Greece that covers medical care, hospitalization, emergencies, and accidents. Travel insurance is not accepted. Golden Visa holders cannot automatically access the public EFKA healthcare system. The insurance must be maintained for the duration of the permit.
Hungary
Hungary requires full healthcare coverage at the visa application stage. Accepted forms include a certificate showing coverage for the full scope of healthcare services, an agreement for access to Hungarian public healthcare (by prepaying 24 plus one months of contributions), or private health insurance with coverage valid in Hungary.
Physical presence and Schengen travel
A common concern for investors is whether they must physically live in Greece or Hungary to keep their permit active.
Neither program requires minimum annual physical presence to maintain the residence permit. Greece’s Golden Visa holders may need to visit once per five-year period for biometrics and renewal. Hungary’s Guest Investor permit has no mandatory minimum stay, as explicitly stated by the Hungarian Office of Immigration and Asylum.
Both permits grant visa-free short stays in other Schengen states for up to 90 ngày trong khoảng thời gian 180 ngày bất kỳ (the Schengen 90/180 rule). Time spent in the country that issued the permit does not count against the 90-day Schengen allowance. This makes either program attractive for investors who want EU mobility without a full relocation commitment.
However, it is important to distinguish between maintaining the giấy phép cư trú and qualifying for công dân. While no minimum stay is required for the permit itself, the path to citizenship in both countries requires actual residence and physical presence — discussed in the next section.
Citizenship pathways: securing an EU passport
Both countries offer routes to naturalization, but timelines and requirements differ significantly. Importantly, both Greece and Hungary allow dual citizenship — naturalized citizens are not required to renounce their original nationality, subject to the home country’s own dual citizenship laws.
Greece: seven years of residence
Hy Lạp yêu cầu ít nhất seven years of continuous lawful residence before a naturalization application. Applicants must demonstrate proof of economic self-sufficiency and a clean criminal record, knowledge of Greek language and culture, and integration into Greek civic life. Physical presence of approximately 183 days per year is often cited as the practical benchmark, though no exact day-count is formally codified.
Hungary: eleven years total
Hungary allows permanent residency after approximately ba năm of actual residence. From that point, an additional tám năm of continuous residence is required before citizenship eligibility — for a total of approximately 11 năm from the initial investment. Applicants must pass a basic Hungarian language and constitutional knowledge exam. While the 10-year Guest Investor permit itself does not require physical presence, the path to citizenship does require actual habitual residence in Hungary.
Tax implications for investors
Tax residency and obligations differ between Greece and Hungary, impacting net returns and compliance burdens. Professional lập kế hoạch thuế Điều này rất cần thiết để tối ưu hóa cấu trúc và tránh việc đánh thuế hai lần ở nhiều khu vực pháp lý khác nhau.
Greece: non-dom regime
Greece offers a non-domiciled (non-dom) tax regime under Article 5A. Qualifying new residents can pay a flat annual tax of €100,000 on all foreign-source income for up to 15 years, with an additional €20,000 per year for each qualifying family member who opts in. Greek-source income is taxed at normal progressive rates, with a top marginal rate of 44% as of January 2026. Rental income is taxed at rates from 15% to 45%, and annual property taxes (ENFIA) apply to real estate holdings.
Hungary: flat tax advantage
Hungary levies a flat 15% thuế thu nhập cá nhân on most income types — one of the lowest rates in the EU. Corporate income tax stands at 9%, the lowest in the European Union, making Hungary highly attractive for business owners. Hungary also offers the KIVA (Small Business Tax) as an alternative for qualifying companies and does not impose dividend withholding taxes. The straightforward tax code appeals to entrepreneurs seeking predictable liabilities.
Choosing the right golden visa: a decision framework for 2026
Choose Greece if you:
- Prefer tangible real estate ownership in Mediterranean markets with rental income potential.
- Seek a passive residency permit and do not need employment authorization.
- Value lifestyle factors — climate, culture, proximity to islands, and Mediterranean quality of life.
- Want a shorter path to EU citizenship (7 years vs 11 years).
- Have family members to include, especially parents or adult children up to age 21.
- Can tolerate 12–16 month processing times.
Choose Hungary if you:
- Prioritize speed — processing in two to six months.
- Want full work and business rights from day one for yourself and family.
- Prefer lower entry capital (€250,000 fund investment).
- Seek a clear path to permanent residency in three years.
- Are attracted by the EU’s lowest corporate tax rate (9%) for business operations.
- Want a 10-year permit with renewal option rather than a 5-year permit.
What if a program is discontinued?
A natural concern for any investor. Precedent across the EU favors grandfathering existing permit holders when programs are modified or closed. When Hungary abolished its direct real estate option in January 2025, existing permits under that route continued undisturbed. Greece has no published closure provision, and its program continues to be viewed as a significant source of foreign investment. While no program can guarantee perpetuity, existing holders have historically been protected.
Kết luận
Visa vàng Hy Lạp vs Hungary decision in 2026 hinges on trade-offs between cost, speed, work rights, and lifestyle preferences. Greece offers iconic real estate, broader family inclusion, and a shorter path to citizenship — but at a higher price and with slower processing. Hungary delivers rapid approvals, full work rights, lower entry capital, and Europe’s most attractive corporate tax rate — but with a narrower family inclusion policy and a longer citizenship timeline.
For Armenians and diaspora members weighing EU access options, both programs provide Schengen mobility without requiring you to give up your Armenian citizenship. The right choice depends on your investment capacity, business plans, family situation, and long-term goals.
Our team specializes in cross-border immigration and investment structuring. Whether you are comparing golden visa programs or exploring Armenia’s own residency by investment options, we can help you evaluate the best path forward. Liên hệ với chúng tôi ngay hôm nay để được tư vấn riêng.
