I.8 — Financially Independent Person Visa (Οικονομικά Ανεξάρτητο Πρόσωπο - FIP)

The Financially Independent Person (FIP) visa is a long-standing residency option for non-EU/EEA nationals who possess sufficient independent means to live in Greece without engaging in local employment. It fills the gap for retirees, passive income earners, and individuals with significant savings who want to relocate to Greece for lifestyle reasons. By requiring proof of stable, non-work-related income, the law ensures that these residents can support themselves and their families without burdening the Greek public welfare system.

This permit is for individuals who can demonstrate a steady monthly income of at least €3,500 (plus additional amounts for dependents) derived from sources such as pensions, dividends, rental income, or interest. Applicants must also have private health insurance and a permanent place of residence in Greece. It is distinctive because it prohibits local employment, making it ideal for retirees or those living off investments. It offers a three-year renewable permit and is a popular choice for those seeking a high quality of life in a secure, Mediterranean environment.