TaxWise Greece

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Financially Independent Person (FIP) Visa - Greek Residence Permit

The Financially Independent Person (FIP) Visa allows non-EU/EEA nationals to legally reside in Greece without engaging in employment or business activities within the country. It is an ideal solution for retirees, investors, and individuals with stable passive income from abroad who wish to enjoy long-term residence in Greece.

Who Is Eligible

Applicants must demonstrate sufficient, stable financial means to support themselves during their stay in Greece, without relying on local employment. Income may derive from pensions, investments, dividends, rental income, or other lawful sources abroad.

Financial Requirements

  • Minimum income of approximately €3,500 per month for the main applicant
  • Additional 20% for a spouse and 15% per dependent child

Key Benefits

  • Legal residence in Greece with an initial permit of up to 3 years
  • Renewable indefinitely as long as requirements are met
  • Family reunification for spouse and dependent children
  • Free travel within the Schengen Area (short stays)
  • No minimum investment requirement
  • Remote work or income generated outside Greece is generally acceptable

Holders of FIP Visa can travel freely throughout all Schengen countries during the validity of their permit. but does not permit employment or business activity in Greece. However, to maintain their FIP Visa In Greece, they are required to reside in Greece for at least six months (183 days) annually and transfer their tax residence to Greece.