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Malaysia (MM2H) vs Greece Golden Visa

Greece is now Europe's leading property-based golden visa (since Spain closed its programme in 2025). But like Portugal, it's really a passport strategy — a different goal from Malaysia's affordable Asian base.

Figures verified June 2026 · Greece GV €400k / €800k (high-demand) real estate, zero min stay; Spain GV abolished 3 Apr 2025

Quick verdict

The one-line difference

Greece’s Golden Visa buys EU residency through real estate — roughly €400,000 in most areas, €800,000 in high-demand spots like Athens and the popular islands — with zero minimum stay and a path to citizenship after seven years’ residence. It’s for people who want Europe and, eventually, an EU passport. Malaysia’s MM2H is cheaper, faster, Asia-based, and uses a refundable deposit rather than capital sunk into property — but it’s residency only. EU passport goal → Greece. Affordable Asia base → Malaysia.

Side by side

The programmes at a glance

Indicative 2026 figures. Spain's golden visa was abolished 3 Apr 2025. Confirm current terms before applying.
Malaysia (MM2H)Greece Golden Visa
InvestmentFixed deposit USD 150k+ (refundable) + property€400k–€800k real estate (by area)
Refundable?Yes — deposit keptNo — capital in property
Path to citizenshipNo — residency onlyYes — after ~7 years' residence
Minimum stayModest (varies)Zero
Region / accessAsia base; Singapore proximityEU residency & Schengen mobility
Cost of livingLowModerate (EU / eurozone)

A passport play, not a place to retire cheaply

Like Portugal, Greece’s draw is the endgame: EU residency now with minimal presence, and citizenship optionality later. If a second passport and Schengen access are the objective, Malaysia simply isn’t the tool. If your life is in Asia and you want to live well now without locking €400k+ into a single European property, MM2H is the practical choice.

A note on Spain

If you were weighing Spain’s golden visa — it’s gone. Spain abolished its investor residency on 3 April 2025, so Greece (and Portugal’s fund route) are the remaining mainstream property/ investment golden visas in the EU. We keep these figures dated and sourced precisely because the rules move this fast.

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  • Which MM2H tier your numbers actually reach — and the gap if they don't
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  • Your real all-in cost, and the one or two mistakes people in your situation make
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