Financially Independent Person (FIP) Permit in Greece

The FIP residence permit allows non-EU citizens to legally reside in Greece without employment, provided they can prove sufficient passive income. It’s ideal for retirees, digital nomads, and self-funded individuals who want to enjoy life in Greece.


🧾 What Is the FIP Permit?

The Financially Independent Person (FIP) permit is a 2-year residence permit (renewable) for individuals who:

  • Do not plan to work in Greece

  • Have reliable monthly income from pensions, dividends, property rentals, or savings

  • Intend to live in Greece for more than 183 days per year

This permit does not allow local employment or business activities in Greece.


πŸ“‹ Income Requirements

To qualify, you must show:

Applicant Type Minimum Monthly Income (EUR)
Single applicant €2,000
Married couple €2,400 (plus €400 per child)

πŸ”’ Income must be passive and recurring β€” e.g., rental income, pensions, dividends, or savings interest.

Bank deposits may be accepted if they demonstrate long-term self-sufficiency.


πŸ“‘ Required Documents

You’ll need:

πŸ“„ Valid passport
πŸ“„ D-type visa from a Greek consulate
πŸ“„ Proof of passive income (e.g., pension statements, rental contracts)
πŸ“„ Bank statements
πŸ“„ Greek health insurance
πŸ“„ Lease or property deed in Greece
πŸ“‘ All foreign documents translated and apostilled

πŸ“Œ Your lawyer will help ensure everything meets Greek immigration standards.


πŸ•’ Application Process

  1. Apply for a D-type visa from your home country

  2. Travel to Greece and prepare residency documents

  3. Submit application to the Greek Decentralized Administration

  4. Receive the β€œblue paper” (temporary residency receipt)

  5. Attend biometrics appointment

  6. Get your 2-year residence permit

πŸ›‚ Processing typically takes 2–4 months.


🌍 Benefits of the FIP Permit

βœ… Reside in Greece year-round
βœ… Travel freely in the Schengen Zone
βœ… Renewable every 2 years
βœ… Includes spouse and dependent children
βœ… Eligible to apply for permanent residency after 5 years


⚠️ Key Limitations

❌ No employment or freelance work in Greece
❌ Must stay in Greece more than 183 days per year
❌ Permit can be revoked if income drops below minimum

πŸ›‘ Violating these terms can affect future renewals or citizenship eligibility.


πŸ› How Borderless Lawyers Can Help

Applying for a residence permit without legal help can result in:

❌ Document rejections
❌ Delays in approval
❌ Visa expiration risks

We handle every step for you:

πŸ“‚ Application preparation
πŸ“ Certified translations and apostilles
πŸ› Representation with Greek authorities
πŸ“ž Communication with immigration offices
πŸ” Verification of income source eligibility


πŸ“ž Ready to Start Your Life in Greece?

Live where others vacation β€” with complete peace of mind.

πŸ’¬ Schedule a legal consultation today and let Borderless Lawyers guide you through the FIP permit process from start to finish.

βœ‰οΈ Relax into the Mediterranean lifestyle β€” we’ll handle the paperwork.

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