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Greece FIP Visa

Independent Means Visa

Key facts

Minimum investment
None required

Greece FIP Visa

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.

How to Qualify

Greece Financially Independent Person Visa

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:

  • €3,500 per month for the main applicant
  • An additional 20% (€700) per month for a spouse
  • An additional 15% (€525) per month for each dependent child

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

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

Citizenship Timeline and Requirements

Greece Financially Independent Person Visa

Citizenship Timeline and Requirements

Applicants first obtain a national Type D visa from the competent Greek embassy/consulate in the country of origin. The applicant should appear in person and be interviewed briefly in relation to the purpose of their application. Upon arrival in Greece, the applicant applies for a residence permit, which is issued for 3 years and may be renewed as long as financial requirements continue to be met.

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.

Program Authority and Legal Basis

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: Law 5038/2023 (New Immigration Code), which replaced the previous framework under Law 4251/2014.

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