Financially Independent Person (FIP) Visa
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Financially Independent Person (FIP) Visa

Residency Pathway PR PathwayThis visa can lead to permanent residency — the right to live and work here indefinitely without renewing your visa. Dependents Allowed

At a Glance

Processing Time

28-56 days

Application Fee

150 EUR

Stay Duration

3 years

Renewable

Yes

Job Offer

Not Required

Dependents

Allowed

PR Pathway

Available

This visa can lead to permanent residency — the right to live and work here indefinitely without renewing your visa.

Remote Work

Not Required

Overview

Residence permit for individuals with stable passive income (pensions, dividends, rental income). Minimum EUR 3,500/month or EUR 72,000 savings. Valid for 3 years, renewable indefinitely.

The Financially Independent Person Visa allows retirees, pensioners, and individuals with passive income to obtain Greek residency. Income can come from pensions, investments, rental property, or other passive sources.

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Requirements

Financial

Minimum Income

24,000 EUR

per year

Minimum Savings

48,000 EUR

Personal

Passport Validity

6 months

Criminal Record Policy

Clean record required

Documentation

Applicant Documents

Valid passport

6+ months validity beyond stay

Income proof

Bank statements showing EUR 3,500+/month passive income

Savings documentation

Bank statements showing EUR 72,000+ (alternative to income)

Optional

Income source documentation

Pension letters, investment statements, rental agreements

Medical certificate

Health examination

Criminal record certificate

Legalized from home country

Proof of accommodation

Rental contract or property ownership in Greece

Health insurance

Valid for Greece stay

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Advantages

  • No work requirement
  • Renewable indefinitely
  • Pathway to permanent residency
  • Can bring family members
  • Schengen area access
  • 7% flat tax on foreign pensions
  • Retirement-friendly program

Considerations

  • High passive income requirement (EUR 3,500/month)
  • Minimum stay requirement (183 days/year)
  • Must maintain income proof
  • Health insurance mandatory
  • Income increases with dependents

Application Process

1

Gather financial documentation

Proof of passive income or savings

2

Prepare visa documents

Passport, medical certificate, criminal record

3

Apply at Greek embassy

Submit FIP visa application

4

Biometric appointment

Fingerprints and photo

5

Pay visa fee

EUR 150

6

Processing period

Usually 4-8 weeks

7

Receive visa

Type D visa sticker

8

Apply for residence permit

Within 30 days of arrival in Greece

Application Forms

FIP Visa Application

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Financially Independent Person (FIP) Visa — Greece | BorderProof