Which Golden Visa Is Right for You? Comparing Malta, Cyprus, and Portugal in 2025

1. Golden Visa – A Gateway to Europe

          In an era where global mobility, tax planning, and quality of life are top priorities for investors and high-net-worth individuals, the Golden Visa has become one of the most sought-after solutions. These programs, offered by various European countries, allow non-EU nationals to obtain residency—and in some cases, citizenship—through qualifying investments. Among the most popular choices in 2025 are Malta, Cyprus, and Portugal.

      Each country offers unique advantages, requirements, and long-term opportunities. But which program is best suited to your personal and financial goals?

      At HorizonCross Advisory, we specialize in helping clients evaluate and pursue the right investment migration strategy. Let’s explore and compare the three leading European Golden Visa programs side-by-side.

2. Program Overviews

2.1. Malta – Permanent Residency Programme (MPRP)

      Malta offers one of the most structured and transparent residency programs in Europe. The Malta Permanent Residency Programme (MPRP) provides a pathway to permanent residency through a combination of government contributions, property leasing or purchase, and donation.

Highlights:

Total cost: Approx. €150,000–€200,000 (including government fees and real estate)

Real estate option: Rent (€10,000–€12,000/year) or buy (€300,000+)

Processing time: 4–6 months

No physical stay required

Access to Schengen Area (90/180 rule)

Strong legal and tax framework

        Why choose Malta? Malta’s program is suitable for those who want long-term EU residency, strong infrastructure, and access to a well-regulated investment environment.

2.2. Cyprus – Permanent Residency by Investment

      Cyprus offers permanent residency to third-country nationals through real estate investment. While its citizenship-by-investment program was suspended in 2020, the residency option remains active and popular.

Highlights:

Minimum investment: €300,000 in new residential property

Processing time: 2–3 months

Physical visit required for biometric data

Valid for life (subject to minor renewal requirements)

Fast and simple application process

      Why choose Cyprus? Cyprus is attractive for those looking for a fast-track to European lifestyle benefits, with the possibility to live, work, and eventually apply for citizenship under long-term residence rules.

2.3. Portugal – Golden Visa Program (Post-2024 Reforms)

      Portugal’s Golden Visa has been a top choice for years, though real estate options were removed in 2024. The program now focuses on fund investments, job creation, cultural heritage, or research.

Highlights:

Minimum investment: €250,000–€500,000 depending on route

Stay requirement: Only 7 days per year

Visa-free Schengen travel

Eligibility for citizenship after 5 years (with A2 language level)

Popular fund-based investment route

      Why choose Portugal? Portugal appeals to investors seeking EU access with low residency requirements and the potential to obtain citizenship relatively quickly.

Comparison Table

3. Which Country Should You Choose?

Choose Malta if:

You prefer a transparent and regulated route to permanent EU residency

You want access to the Schengen Zone without the need for relocation

You value legal stability and English-speaking environment

Choose Cyprus if:

You want fast-track permanent residency

You are prepared to invest in real estate and visit the country

You are looking for a simpler lifestyle in a Mediterranean setting

Choose Portugal if:

You aim to acquire EU citizenship after 5 years

You want low physical presence requirements

You prefer fund or cultural investment over property

      Each of these programs has its merits depending on your priorities—whether it's fast approval, citizenship potential, minimal presence, or total investment cost.

4. Let HorizonCross Advisory Guide You

      With so many changing regulations, choosing the right Golden Visa can be overwhelming. At HorizonCross Advisory, our expert advisors work closely with clients to understand their financial situation, family goals, and residency needs. We provide:

Side-by-side analysis and comparison of programs

Legal and investment due diligence

End-to-end support—from eligibility to residency approval

📩 Schedule your free consultation today and let us help you unlock the right pathway to Europe.