Financially Independent Person (FIP) Visa Greece

Financially Independent Person Visa

Greece offers a visa program for financially independent persons (FIP) who wish to reside in the country. This initiative, updated over time, allows individuals with a consistent income and financial self-sufficiency to secure a long-term residency permit in Greece.

To qualify, applicants must demonstrate a minimum annual income of €42,000 (€3,500/month), supported by documentation such as bank statements, investment records, or pension statements. Successful applicants receive a renewable three-year permit, allowing them to live in Greece without additional permits, provided they reside there at least six months annually.

The FIP visa is an appealing option for those seeking to relocate to Greece while remaining financially autonomous. With its affordable living costs and excellent quality of life, Greece is a prime destination for retirees, digital nomads, and other independent individuals. The application process, while thorough, is practical for eligible candidates with proper preparation.

Ready to take the next step?

Ready to start your journey towards obtaining a financially independent person visa in Greece? Look no further than our expert team who are here to guide you every step of the way. Our dedicated professionals have years of experience assisting clients in navigating the complex FIP visa application process.

By aligning yourself with us you'll have access to personalised advice and support to ensure your application is successful. We'll work closely with you to assess your eligibility, gather the required documentation, and submit your application to the relevant authorities.

Don't let the complexities of the FIP visa application process hold you back from your dreams of living in Greece. Contact us today to schedule a consultation and take the first step towards a new and exciting chapter in your life.

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Eligibility Requirements

The Financially Independent Person (FIP) Visa is a Greek residency program designed for non-EU citizens who can financially support themselves without employment in Greece. This visa is particularly appealing to retirees, digital nomads, and individuals with stable passive income who wish to enjoy Greece’s high quality of life.

Income Requirements

To qualify, applicants must demonstrate a minimum passive income of €2,000 per month. Additional financial requirements apply for dependents:

  • Spouse: An additional €400 per month (20% increase).
  • Each Dependent Child: An additional €300 per month (15% increase).

For a family of four (two parents and two children), the required monthly income would be €3,000.

Alternatively, applicants may qualify by demonstrating substantial savings, typically around €48,000 for a single applicant, deposited in a Greek bank account.

Proof of Financial Means

Applicants must provide evidence of their financial independence, which can include:

  • Pension statements.
  • Bank account balances.
  • Proof of rental income.
  • Dividends from investments.

Additional Requirements

In addition to meeting the financial criteria, applicants must provide:

  • Accommodation proof – A rental agreement or property ownership in Greece.
  • Health insurance – Comprehensive private health coverage valid in Greece.
  • Clean criminal record – A certificate from the applicant’s home country.
  • Medical certificate – Confirmation of good health and absence of contagious diseases.

Visa Duration and Renewal

The FIP Visa is initially granted for two years and can be renewed every three years, provided the applicant continues to meet the financial and residency requirements.

Residency Obligations

To maintain residency status, visa holders must reside in Greece for at least 183 days per year, which may also establish tax residency.

Path to Citizenship

After seven years of continuous residence, FIP Visa holders may become eligible for Greek citizenship, subject to language proficiency and integration criteria.

The FIP Visa offers a straightforward pathway to Greek residency for those seeking financial freedom, a relaxed Mediterranean lifestyle, and access to the European Union.

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