FIP Visa in Greece

Our lawyers can help with the Financially Independent Person Visa process in Greece.

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What is the Greek FIP Visa?

The FIP Residency Program addresses citizens of non-EU countries who want to reside in Greece, and have the financial means, in the form of a stable annual income (2,000€ monthly passive income, or have at least €48,000 savings in the bank account) to cover their living expenses during their stay.

The FIP residency permit is issued for a period of 2 years. It can be extended, on the condition that the holder of the residency permit maintains his/ her income.

The candidate becomes eligible for permanent residency in Greece after five years of temporary residency, and after seven years (and subject to integration in Greece, which involves, among other things, proficiency in Greek), the applicant becomes qualified to apply for citizenship.

Applicants must be physically present in Greece for at least half the year (183 days) to maintain their residency status, at which point they also become tax residents.

The main applicant is required to provide evidence of a guaranteed monthly passive income, such as the balance of his bank accounts, dividend checks, retirement annuities, etc. The main applicant must have a minimum monthly passive income of €2,000, or at least €48,000 in bank account savings. 

Salary income does not apply for this Visa, however, Greece also has the Digital Nomad Visa for those remote workers or freelancers that want to live in Greece working remotely. 

Also, if you apply with your family, you will also need:

  • An additional €400 per month for a spouse.
  • An additional €300 per month for each new dependent.

Although this program has very rigorous requirements, the advantages of having a Greek residence are quite extraordinary. Having a Golden Visa for Greece means:

  • It grants you entry into the EU (Schengen area).
  • You can apply for the same permit for your spouse or partner, minor children or of legal age, whom -financially depend on you, including also dependants in the ascending line.
  • No Investment or donation required, just a monthly income.
  • Lower costs of living, Safety and Security, Warm climate.
  • Citizenship is available after 7 years.
  • Right to stay in Greece without having to work
1. Collect the documents

You will need to collect the paperwork to support the application. This includes marriage and birth certificates if your family is joining you, as well as proof that you can support your lifestyle. These documents may need to be certified and officially translated.

2. Apply at the Greek Embassy or Consulate

The applicant must apply for Visa D by appearing in person at their Greek Consulate in their home country or where they legally reside. Visa D is a long-term visa and is the first permit needed to get a retirement visa. You will be interviewed by the immigration officials during this step.

3. Move to Greece

Once the application is approved, you will be granted a visa that allows you to travel to Greece. It usually takes 10 days to get a Greek visa. The entry visa is valid for one year.

4. Apply for Residence Permit Card

Once you have the entry visa and have entered Greece, you must apply for a Residence Permit with the Ministry of Migration and Asylum. To get the Residence Permit, you will need to provide some biometric data. Your submission will be confirmed with a “blue certificate”, which allows you to travel to and from Greece. The residence permit is usually approved within two months.

Some clients struggle with the language barrier, so Lexidy’s immigration attorneys can accompany you to the appointment.

The process to renew the visa is relatively simple. The main requirements are:

  • continuing to be able to support your lifestyle
  • maintaining private healthcare insurance
  • and residing in Greece for at least six months annually

The permit is renewed for two-year periods and you can work with our immigration attorneys to maintain your status.

We offer a wide range of services for investors at Lexidy. Our skilled and committed team has years of experience in legal counsel, management, real estate, conveyancing, new visas, immigration challenges, residence, and investment opportunities for investors with a global perspective. 

If you are thinking to apply for the FIP Visa in Greece, contact us for a free consultation of your case and our expert lawyers will help you with anything you need!

How can a lawyer help me with the FIP Visa?

A lawyer can help you by providing legal advice and guidance throughout the application process. Some ways a lawyer can assist you include:

Ensuring eligibility: A lawyer will review your financial situation to confirm you meet the minimum income requirements, ensuring you can support yourself without employment in Greece.

Document preparation: They will assist in gathering and preparing required documents, such as proof of income, accommodation, health insurance, and a clean criminal record.

Application submission: A lawyer ensures your FIP visa application is accurately completed and submitted to Greek authorities, avoiding errors that could cause delays or rejection.

Appealing rejections: If your application is denied, a lawyer can assist in appealing the decision and correcting any issues that may have caused the rejection.

Ongoing legal support: They help with renewing your visa and maintaining your residency status, offering advice on long-term residency options if you plan to stay in Greece for an extended period.

If you’d like, we can discuss your specific situation in more detail to help you through the process.

Our team of experienced lawyers is ready to assist you and guide you through the entire application process. Let us help you make your dream of living and working in Greece a reality.

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Why Greece?

Obtaining an FIP visa in Greece offers numerous advantages. Firstly, it opens an opportunity to live in one of Europe’s most captivating countries, with its vibrant cities, stunning coastline, and rich cultural heritage. Secondly, the visa enables access to Greece’s thriving digital and tech ecosystem, fostering networking opportunities and professional growth. Lastly, you will immerse in the warmth of Greek hospitality, savour its delectable cuisine, and explore its diverse regions while maintaining a flexible work-life balance.

Cultural immersion

Experience the rich Greek culture.

Location

Explore Europe without visa restrictions.

Stable economy

Greece has a stable and growing economy

Delicious cuisine

Taste world-renowned Greece food and wine.

Affordable living

Cost of living is lower compared to other European countries.

Healthcare access

Access to high-quality healthcare facilities and services.

Skilled workforce

Greece has a highly skilled and multilingual workforce.

Travel Opportunities

Explore diverse regions within Greece.

Frequently Asked Questions

As in order to get the FIP Visa you will have to reside in Greece for at least 183 days, you will become tax resident in Greece, which means you will have to pay taxes here. Contact us now and our lawyers can help you with the exact taxes you will have to pay depending on your case.

No, this visa grants you the right to reside in Greece without having to work, as you will be able to mantain yourself with the passive income. Actually, it is the opposite, you will not be able to work with this Visa.

Your partner or children can apply with you. You must show that you can financially support them. You will need to provide extra paperwork such as marriage or birth certificates.

Unmarried partners who can prove a long-term relationship can also apply as dependants.

Yes, however, you will have to prove economic dependence and single status. Your children must also be enrolled at a university or academy.

As everything, it has the pros but also some inconvenients, like: 

  • The money used is not invested. Therefore, it produces no return. Bank interest rates are practically zero or close to zero. Unlike the Golden Visa investment where the property generates income and a potential reselling profit (current annual price increase in the real estate market is ~12%)
  • The two-year funds for the whole family must be deposited in advance in the Greek banking system
  • The residents should physically reside in Greece in order to hold the residency permit.

It’s not required, but it’s always recommended to consult a professional. At Lexidy we can help you will all the process of getting the FIP Visa in Greece.

Our Team

For us, Lexidy is a way of life and what excites us the most is to be able to deliver the happiness and satisfaction of a successful immigration process. We want to help you achieve your goals and dreams, whether it’s residence in Greece or simply an investment.

We are a LegalTech Boutique

Visit us: Patriarchou Ioakeim 25 Street, Kolonaki, Athens, 10675
Write us: info@lexidy.com – Call us: +30 21 1199 5654

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