The FIP residence permit allows non-EU citizens to legally reside in Greece without employment, provided they can prove sufficient passive income. Itβs ideal for retirees, digital nomads, and self-funded individuals who want to enjoy life in Greece.
π§Ύ What Is the FIP Permit?
The Financially Independent Person (FIP) permit is a 2-year residence permit (renewable) for individuals who:
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Do not plan to work in Greece
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Have reliable monthly income from pensions, dividends, property rentals, or savings
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Intend to live in Greece for more than 183 days per year
This permit does not allow local employment or business activities in Greece.
π Income Requirements
To qualify, you must show:
| Applicant Type | Minimum Monthly Income (EUR) |
|---|---|
| Single applicant | β¬2,000 |
| Married couple | β¬2,400 (plus β¬400 per child) |
π 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.
π Required Documents
Youβll need:
π Valid passport
π D-type visa from a Greek consulate
π Proof of passive income (e.g., pension statements, rental contracts)
π Bank statements
π Greek health insurance
π Lease or property deed in Greece
π All foreign documents translated and apostilled
π Your lawyer will help ensure everything meets Greek immigration standards.
π Application Process
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Apply for a D-type visa from your home country
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Travel to Greece and prepare residency documents
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Submit application to the Greek Decentralized Administration
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Receive the βblue paperβ (temporary residency receipt)
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Attend biometrics appointment
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Get your 2-year residence permit
π Processing typically takes 2β4 months.
π Benefits of the FIP Permit
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Reside in Greece year-round
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Travel freely in the Schengen Zone
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Renewable every 2 years
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Includes spouse and dependent children
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Eligible to apply for permanent residency after 5 years
β οΈ Key Limitations
β No employment or freelance work in Greece
β Must stay in Greece more than 183 days per year
β Permit can be revoked if income drops below minimum
π Violating these terms can affect future renewals or citizenship eligibility.
π How Borderless Lawyers Can Help
Applying for a residence permit without legal help can result in:
β Document rejections
β Delays in approval
β Visa expiration risks
We handle every step for you:
π Application preparation
π Certified translations and apostilles
π Representation with Greek authorities
π Communication with immigration offices
π Verification of income source eligibility
π Ready to Start Your Life in Greece?
Live where others vacation β with complete peace of mind.
π¬ Schedule a legal consultation today and let Borderless Lawyers guide you through the FIP permit process from start to finish.
βοΈ Relax into the Mediterranean lifestyle β weβll handle the paperwork.