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Greece Financially Independent Person Visa

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Program Type:

Independent Means Visa

Processing Time:

2-3 months

Citizenship Timeline:

7 years

Permanent Residency Timeline:

5 years

Physical Presence Required:

183 days per year

Citizenship Visa-Free Access:

185 countries

Minimum Contribution:

None

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Greece Financially Independent Person (FIP) Visa IMI

Program Overview

Greece Financially Independent Person Visa

The Greek FIP visa grants third-country nationals who can demonstrate sufficient independent income a renewable residency visa.

After five years of temporary residency, the applicant is eligible for permanent residency in Greece and, after seven years (and subject to integration in Greece, which includes, among other elements, mastery of Greek), the applicant is eligible to apply for citizenship.

To retain their residency status, applicants must be physically present in Greece for at least half the year, thereby also becoming tax residents.

Greece Financially Independent Person Visa

How to Qualify

The main applicant must prove he has a guaranteed monthly income as demonstrated by bank account balances, dividends checks, retirement annuities, etc. The minimum incomes levels required are:

  • €2,000 per month for the main applicant.
  • €400 per month additional for a spouse.
  • €300 per month additional for any other dependent.

Applicant and visa processing fees of €2,500 apply.

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Greece Financially Independent Person Visa

Salient Benefits

  • Freedom of movement (but not settlement) within Schengen
  • No investment or donation requirement
  • Path to citizenship
  • Permits dual/multiple citizenship
  • Lower cost of living
  • Safety and security
  • Warm climate
  • Enhanced business access to large economies
  • Short processing time

Greece Financially Independent Person Visa

Citizenship Timeline and Requirements

Applicants first obtain a special visa from the competent Greek embassy/consulate in the country of origin. The applicants should appear in person and be interviewed briefly in relation to the purpose of their application. The initial visa issued for 2 years and may be renewed for a 3-year residency.

After 5 continuous years of residency, the applicant may apply for permanent residency. After 7 years of continuous residency, the applicant is eligible to apply for Greek citizenship.

The applicant needs sufficient knowledge of the Greek language, Greek history, and Greek culture in general.

Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.

Greece Financially Independent Person Visa

Program Authority and Legal Basis

Applications for this program may be directed to Ministry of Foreign Affairs.

Legislation upon which this program is based Article 20 of Greek Immigration law 4251/2014.

Greece Financially Independent Person Visa

IMI Pros Who Can Help You

Greece Financially Independent Person Visa

Qualifying Real Estate

As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:

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Greece Financially Independent Person Visa

Recent Stories About This Program

Greece Financially Independent Person Visa

Program Statistics

See more statistics on this program and others in the IMI Data Center.

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