Navigate your retirement journey in Greece with confidence.
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Last updated: January 20th, 2025
What is the Greece Financially Independent Person Visa ?
The Greece Retirement Visa, also known as the Financially Independent Person (FIP) permit, is designed for retirees who crave peace and adventure in equal measure. Whether it’s sipping wine by the Aegean or strolling through charming villages, Greece offers the perfect escape. This is a relatively simple and easy route to a residence permit in Greece. Say goodbye to the grind and hello to Greece’s sun-soaked coastlines.
Enjoy an Exceptional Quality of Life
Greece is a beautiful place to live with sun-kissed beaches, big cities, and rugged mountains located within the same country. An affordable place to live where a luxurious life costs significantly lower. Enjoy your retirement in this tourist hot spot that attracts happy vacationers
No Employment Requirements
This visa allows you to reside in Greece legally without the need to work or make complex investments. It’s an ideal solution for retirees, individuals with passive income, or those seeking a peaceful lifestyle without employment obligations.
Pathway to Permanent Residency & Citizenship
Once you’ve maintained your residency for five years, you’ll be eligible to apply for permanent residency. This provides long-term stability and the opportunity to remain in Greece indefinitely without needing to renew your visa every 2-years.
Family Inclusion
The non-lucrative visa also enables you to bring your family along. If you meet the financial and other eligibility criteria, your spouse and dependent children can be included in a joint application, allowing you all to enjoy the benefits of life in Spain together. Marriage/Birth are required.
Freedom of Movement
One of the major perks of the non-lucrative visa is the ability to travel freely within the Schengen area. This means you can explore 26 European countries without the need for additional visas, making it perfect for those who enjoy travel and discovering new places.
TerraTours Relocation
Our partner TerraTours offer relocation support, assisting you with registration, local documentation, and even renewals in the future. This long-term relationship ensures that you have peace of mind, knowing you’ll have professional assistance every step of the way.
Be Happy!
You are in the right place to start your adventure!
How can a lawyer help me with the Greek Retirement Visa ?
Get personalized legal care through every step, so you can enjoy your golden years in the ancient beauty of Greece. Our legal experts ensure you sail through the visa process, so you can focus on soaking up the beauty of your new home. Curious if you’re eligible?
You must demonstrate a monthly passive income from pensions, trusts, or other non-employment sources. This should not be a salary, as it suggests the need to work.
- Main Applicant: At least €3,500 monthly.
Spouse: An additional 20% of the main applicant’s requirement. - Each Child: An additional 15% of the main applicant’s requirement.
- Alternatively, showing €126,000 in savings satisfies this requirement.
- Comprehensive coverage from a private health insurance provider is required.
- Clean Police Record: To establish good character.
- Medical Certificate: To prove good health.
- Marriage and Birth Certificates: Necessary for accompanying family members.
Important Tax Considerations for the Greek Retirement Visa
Retirement should be about chasing sunsets, not paperwork. Our legal team ensures you never have to worry about the bureaucratic hurdles—because your golden years should be spent exploring Greece, not stuck in government offices.
If you reside in Spain for more than 183 days a year, you will be considered a tax resident and must comply with Spanish tax obligations.
For visa renewal, it is crucial that you can demonstrate that you have met the residency and financial means requirements during your stay in Spain.
Frequently Asked Questions
If you are interested in obtaining a Greek Retirement Visa and need professional advice to manage the entire process, do not hesitate to contact us. Our team of experts is here to help you make your dream of living in Greece come true without complications.
No, the Greek Retirement Visa does not permit employment in Greece. It is intended for those who have sufficient income from outside sources like pensions or investments.
The Greek Retirement Visa is a three-year residence permit and to maintain this, you must not be absent from the country for more than six consecutive months every year.
Yes, after legally residing in Greece for twelve years, you may apply for citizenship. This process will include language and cultural knowledge tests.
Residing in Greece for more than 183 days does not automatically make you a Greek tax resident. We recommend consulting with a tax lawyer in Greece to help determine your tax residency status.
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To request a free consultation case, please provide us with your contact details below and we will contact you via email or phone.
We've tailored our processes to be 100% online for your convenience!
1. Eligibility Assessment :
A lawyer will confirm your visa eligibility, provide you with a list of the needed documents, and evaluate the different options you may have. The analysis will delve deeply into your situation, including a thorough document check.
2. Applying: A lawyer will take full ownership of your application, from start to finish. We assist with acquiring and preparing documents, ensure they are properly written, submit your application on your behalf, and offer support in responding to the Government as needed.
3. Relocation: Our TerraTours Relocation team will contact you to organize your trip and relocation in Europe. Several group departures are planned each month in 2025. Join one of them for more fun!
4. Doctor on demand : We always offer to our clients a 30 minutes FREE TELE-MEDICINE session with one of our licensed Doctor of medicine, to ask any questions you might have. Get convenient, high-quality virtual care including 24/7 urgent and mental health care.
5. Notary Public on demand : Connect online with our Notary Public. Simply ask for an appointment, verify your identity and upload your documents. Whether it is to legalize your passport or the acquisition of a beachfront apartement in Europe, we have you covered!
Mortgage Help & Advice
The home abroad you've always dreamed of, now much closer !!
Non-resident Mortgages
As a non-resident, you can borrow up to 70%. Our staff members are specialsts with helping international buyers, offering a complete service!
The Best Mortgage For You
Every financial situation is different, our team will help you understand which mortgage suits you best and then get you the best deal!
Get Answers Fast!
We have our own risk team that can quickly evaluate your situation and determine which banks will lend you the most money at the best rates.
No upfront fees
There is no charge for submitting an application or receiving an offer. Only once you are happy will you need to pay for any service!