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Portugal vs Greece: which to choose in 2026

7 min read ·

Portugal grants residence with income from €920 a month, but a passport takes 10 years. Greece sells residence for property from €400,000, gives a passport after 7 years, and life there is cheaper. We compare residence, taxes and costs.

Key factsVerdict
Cheaper to liveGreece: $1,400-2,100 versus $2,000-2,600 a month
Residence on passive incomePortugal from €920, Greece from €3,500 a month
Residence for propertyGreece from €400,000, closed in Portugal
Time to a passportGreece 7 years, Portugal 10 years
Current passportcan be kept in both countries
Minimum wage€920 in both countries

Data checked: 07.10.2026

In short: who each country suits

  • Portugal - for people with a modest stable income from abroad: residence from €920 a month and a calm life by the Atlantic.
  • Greece - for those ready to put €400,000 into property or who want an EU passport 3 years sooner and cheaper living.
  • A retiree with a foreign pension does better in Greece: 7% tax on foreign income.

Portugal and Greece are two sunny corners of southern Europe chosen by people who want residence in the European Union and, in time, a passport. Portugal wins with an affordable entry and a mild climate, Greece with an investment route through property, a faster passport and lower prices.

Below is a 15-row table and five key differences: residence, the path to citizenship, taxes, cost of living and everyday life.

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Key facts in one table

ParameterPortugalGreece
Residence on passive incomeincome from €920 a month, ~$1,100income from €3,500 a month, ~$4,000
Remote worker visaincome from €3,680 a month, ~$4,200income from €3,500 a month, ~$4,000
Residence by investmentthrough investment funds, not propertyproperty from €400,000, from €800,000 in Attica and large islands
Citizenship10 years, 7 for EU and Portuguese-speaking country citizens7 years of residence and an exam in language and history
Current passportcan be keptcan be kept
Who is a tax residentmore than 183 days in any 12 months that start or end in the tax yearmore than 183 days in any 12 months; short trips do not break the count
Income tax12.5-48% on a scale9-44% on the 2026 scale
Break for newcomers20% for 10 years for certain professions50% off for 7 years, 7% on foreign income for retirees
Single person budget with rent$2,000-2,600 a month (Lisbon)$1,400-2,100 a month (Athens)
One-bedroom flat in the centre$1,360-1,700 (Lisbon)$735-1,130 (Athens)
Family with a childfrom $3,400 a monthfrom $2,500 a month
Minimum wage€920 in 14 payments, ~$1,100€920 in 14 payments from 1 April 2026, ~$1,100
Country's passport: visa-free travel140 countries visa-free and 27 with visa on arrival141 countries visa-free and 27 with visa on arrival
LanguagePortugueseGreek
Climatemild Atlantic, a cool seahot summers, a warm sea

Portugal and Greece are chosen by the residence ground and the time to an EU passport

Both countries offer an EU passport and a mild climate, but Portugal opens residence with income from $1,100 a month, while Greece grants it for property from $460,000 and gives a passport 3 years sooner. The usual mistakes: buying a home in Greece in an $910,000 zone at a standard-region price, applying in Portugal without checking tax status, and expecting residence for property without living in the country to count towards a passport. We compare the options for your income and family, prepare documents and handle the case up to the resident card. We guarantee professional work and a transparent process, and in most cases a result on the first filing.

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Residence: where it is easier to get

Portugal grants residence on passive income from €920 a month, about $1,100, and a remote worker visa with income from €3,680. Residence for property in Portugal is closed: the investment route now runs only through funds.

Greece still grants residence for property: from €400,000 in most regions and from €800,000 in Attica, Thessaloniki and the large islands. For financially independent people and remote workers the income threshold is €3,500 a month, about $4,000. Citizens of Russia and Belarus get investment residence in Greece only with a second citizenship.

Citizenship: where it is faster

In Portugal the time to citizenship has risen to 10 years of residence, 7 for citizens of EU and Portuguese-speaking countries. You keep your current passport, and a Portuguese passport gives the right to live and work across the European Union.

In Greece naturalisation is possible after 7 years of residence, with an exam in language, history and culture. Dual citizenship is allowed, and residence for property counts towards the passport only with real life in the country.

Taxes: where they are lower

Portugal taxes residents at 12.5-48% on a scale, and certain professions get a preferential 20% rate for 10 years. You become a tax resident after 183 days in the country in any 12 months.

From 2026 Greece charges 9-44% on a new scale, lower for families with children and young people. New residents who start working in the country get 50% off the tax for 7 years, retirees pay 7% on foreign income, and wealthy newcomers a flat €100,000 a year.

Cost of living: where it is cheaper

Greece is cheaper: one person in Athens needs about $1,400-2,100 a month with rent, in Lisbon $2,000-2,600. A one-bedroom flat in central Athens costs $735-1,130, in central Lisbon $1,360-1,700.

The minimum wage is the same in both countries, €920 in 14 payments. The budget gap comes almost entirely from rent, and in Portugal winter heating in homes without central heating adds to it.

Everyday life: banks, climate, schools

Portugal means the Atlantic, a mild climate, calm cities and a large newcomer community in Lisbon and Porto. Banks open accounts with a tax number, and most international schools are around Lisbon.

Greece means hot summers, a warm sea and islands, with international schools in Athens and Thessaloniki. Bureaucracy is slower than in Portugal, but life is cheaper and the rest of Europe is just as close.

This topic in other countries

Other country comparisons:

More on each country:

All comparisons in one table - country comparisons for relocation.

FAQ

Which is better to move to: Portugal or Greece?
Portugal for a modest stable income from abroad; Greece for property investment, a faster EU passport and cheaper living.
Is it cheaper to live in Portugal or Greece?
Greece: one person in Athens needs about $1,400-2,100 a month with rent, in Lisbon $2,000-2,600.
Where can you get residence for property: Portugal or Greece?
In Greece from €400,000, from €800,000 in Attica and large islands. In Portugal residence for property is closed; investment funds remain.
Where is citizenship faster?
In Greece after 7 years of residence, in Portugal after 10, or after 7 for citizens of EU and Portuguese-speaking countries.
Where are taxes lower: Portugal or Greece?
Rates are close: 12.5-48% in Portugal, 9-44% in Greece. Greece is better for retirees, with 7% tax on foreign income.
Can you keep your current passport?
Yes, both Portugal and Greece allow dual citizenship.
What income do you need for residence in Portugal and Greece?
In Portugal from €920 a month on passive income and from €3,680 for remote work; in Greece from €3,500 a month.

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