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.


📋 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)

🔒 Income must be passive and recurring — e.g., rental income, pensions, dividends, or savings interest.

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


📑 Required Documents

You’ll need:

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

📌 Your lawyer will help ensure everything meets Greek immigration standards.


🕒 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 “blue paper” (temporary residency receipt)

  5. Attend biometrics appointment

  6. Get your 2-year residence permit

🛂 Processing typically takes 2–4 months.


🌍 Benefits of the FIP Permit

✅ Reside in Greece year-round
✅ Travel freely in the Schengen Zone
✅ Renewable every 2 years
✅ Includes spouse and dependent children
✅ 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

🛑 Violating these terms can affect future renewals or citizenship eligibility.


🏛 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:

📂 Application preparation
📝 Certified translations and apostilles
🏛 Representation with Greek authorities
📞 Communication with immigration offices
🔍 Verification of income source eligibility


📞 Ready to Start Your Life in Greece?

Live where others vacation — with complete peace of mind.

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

✉️ Relax into the Mediterranean lifestyle — we’ll handle the paperwork.

error: Content is protected !!