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. Itโ€™s ideal for retirees, digital nomads, and self-funded individuals who want to enjoy life in Greece.


๐Ÿงพ 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.


๐Ÿ“‹ Income Requirements

To qualify, you must show:

Applicant Type Minimum Monthly Income (EUR)
Single applicant โ‚ฌ2,000
Married couple โ‚ฌ2,400 (plus โ‚ฌ400 per child)

๐Ÿ”’ Income must be passive and recurring โ€” e.g., rental income, pensions, dividends, or savings interest.

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


๐Ÿ“‘ Required Documents

Youโ€™ll need:

๐Ÿ“„ Valid passport
๐Ÿ“„ D-type visa from a Greek consulate
๐Ÿ“„ Proof of passive income (e.g., pension statements, rental contracts)
๐Ÿ“„ Bank statements
๐Ÿ“„ Greek health insurance
๐Ÿ“„ Lease or property deed in Greece
๐Ÿ“‘ All foreign documents translated and apostilled

๐Ÿ“Œ Your lawyer will help ensure everything meets Greek immigration standards.


๐Ÿ•’ 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 โ€œblue paperโ€ (temporary residency receipt)

  5. Attend biometrics appointment

  6. Get your 2-year residence permit

๐Ÿ›‚ Processing typically takes 2โ€“4 months.


๐ŸŒ Benefits of the FIP Permit

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


โš ๏ธ Key Limitations

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

๐Ÿ›‘ Violating these terms can affect future renewals or citizenship eligibility.


๐Ÿ› How Borderless Lawyers Can Help

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

โŒ Document rejections
โŒ Delays in approval
โŒ Visa expiration risks

We handle every step for you:

๐Ÿ“‚ Application preparation
๐Ÿ“ Certified translations and apostilles
๐Ÿ› Representation with Greek authorities
๐Ÿ“ž Communication with immigration offices
๐Ÿ” Verification of income source eligibility


๐Ÿ“ž Ready to Start Your Life in Greece?

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

๐Ÿ’ฌ Schedule a legal consultation today and let Borderless Lawyers guide you through the FIP permit process from start to finish.

โœ‰๏ธ Relax into the Mediterranean lifestyle โ€” weโ€™ll handle the paperwork.

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