Financially Independent Persons (FIP) Greece Residency

What is the Greece FIP Visa Program?

The Financially Independent Persons (FIP) program is a residency permit specifically designed for non-EU/EEA nationals who can financially sustain themselves without relying on employment in Greece. It’s an ideal option for retirees, freelancers, remote workers, or individuals with stable income sources seeking to enjoy the unparalleled beauty and lifestyle of Greece.

FIP Visa Greece Requirements

Seeking residency in Greece through stable income earned outside the country. A clear understanding of the Greece FIP visa requirements is crucial, as the process involves specific documentation and compliance with Greek immigration regulations. Given the importance of accuracy and the potential complexities, many applicants entrust these procedures to experienced service providers with proven expertise in this field.

Key requirements include:

• Completed visa application form
• Valid passport with a minimum 12-month validity
• Proof of stable monthly income (minimum €2,000 for the applicant)
• Criminal record clearance from the country of residence
• Proof of accommodation in Greece

Considering the delicate nature of this process, iland Group offers specialized, comprehensive services to support applicants throughout every step of their FIP visa application, ensuring a smoother and more reliable experience.

Key Benefits of the Financially Independent Persons Visa Greece

• Residency in Greece: Live in one of Europe’s most picturesque and historic countries.
• Family Inclusion: Extend the residency benefits to your spouse and dependent children.
• Travel Freedom: Enjoy visa-free travel within the Schengen Zone.
• Lifestyle Upgrade: Experience a relaxed Mediterranean lifestyle, delicious cuisine, and rich cultural heritage.
• No Employment Restrictions: Focus on your personal projects, retirement, or remote work without the need to secure local employment.

Cost of Greek FIP Visa

The cost of obtaining and maintaining a Financially Independent Visa Greece varies depending on the applicant’s personal circumstances and the number of accompanying family members. To qualify for this visa, the applicant must demonstrate a stable, sufficient income from sources outside Greece, enabling them to cover living expenses without engaging in employment within the country.

The minimum required monthly income is typically around €2,000 for the primary applicant, with an additional €400 for each dependent. In addition to financial requirements, applicants should consider the costs for residence permit issuance and renewal, health insurance, and other administrative fees. The Financially Independent Visa Greece is generally issued for one or two years and can be renewed if financial and residency conditions continue to be met.

Greek FIP Visa in 2025: Latest Update

As of 2025, the FIP Greece program continues to be a popular choice for financially independent individuals worldwide. Recent updates include:

• Streamlined Application Process: The Greek authorities have introduced digital submission options to expedite the application process, reducing waiting times significantly.
• Increased Income Thresholds: The monthly income requirement has been updated to reflect economic changes, ensuring applicants can comfortably sustain their residency in Greece. The new minimum income is set at €3,500 for the main applicant, with proportional increases for dependents.
• Enhanced Family Benefits: Dependents now include children up to 18 years old, provided they are financially dependent on the main applicant.
• Renewal Improvements: The renewal process has been simplified, allowing for online submissions and quicker approvals for existing residents.

These updates make the FIP program more accessible and efficient, ensuring a smooth transition for individuals and families seeking to make Greece their permanent or long-term home.

Eligibility Criteria for the FIP Program 2025

To qualify for the FIP Greece residency permit, applicants must meet the following requirements:

• Proof of Financial Independence: Demonstrate a stable monthly income of at least €3,500 for the main applicant. This amount increases by 20% for a spouse and 15% for each dependent child.
• Accommodation: Provide evidence of a rental agreement or property ownership in Greece.
• Health Insurance: Obtain private health insurance coverage valid in Greece.

Why Choose Greece for Residency?

Greece offers a unique blend of modern living and timeless traditions. From its idyllic islands and vibrant cities to its warm climate and welcoming communities, Greece provides a high quality of life for residents. The cost of living is also relatively affordable compared to other European countries, making it an attractive choice for financially independent individuals.

Start Your Journey to Greece Today

The Financially Independent Persons (FIP) program is your gateway to a fulfilling life in Greece. Whether you’re planning to retire, work remotely, or simply enjoy the Mediterranean lifestyle, this program offers a straightforward path to residency in one of Europe’s most enchanting destinations.

Contact us today to learn more about the FIP program and how we can assist you in making Greece your new home.

Frequently Asked Questions

What is the Greece FIP Visa?

The Financially Independent Persons (FIP) Visa is a residence permit for non-EU/EEA nationals who can financially support themselves without employment in Greece.

FIP or Golden Visa: Which is Better for You?

While the Financially Independent Persons (FIP) visa is a great choice for individuals who already have a stable income from abroad, it does have certain limitations:

• Higher income requirements (at least €3,500/month + extra for family)

• No direct investment benefit – your funds stay outside Greece.

• Shorter initial validity (1–2 years) with the need for renewals

By contrast, the Greece Golden Visa Program often proves to be a more strategic option:

• Permanent residency through investment in real estate (from €250,000)

• Lower long-term financial burden compared to providing a high monthly income

• 7-year residence permit with easier renewals

• Path to citizenship after meeting residency requirements

• Flexibility — no obligation to permanently reside in Greece to maintain the permit

If your goal is long-term stability, easier renewals, and a clear route to citizenship, the Golden Visa is usually the better choice.

At iLand, we provide full support for both FIP and Golden Visa applicants. However, in most cases, we recommend evaluating the Golden Visa route first, as it offers stronger long-term benefits for you and your family.

Contact us today to discuss whether the FIP or Golden Visa is right for you — and let our experts guide you to the best residency solution in Greece.

What are the main Greece FIP visa requirements?

• Stable monthly income of at least €3,500 for the main applicant (2025 update)
• An additional 20% for a spouse and 15% for each dependent child
• Proof of accommodation in Greece (rental agreement or property ownership)
• Valid private health insurance in Greece
• Clean criminal record certificate

How long is the Greek FIP visa valid?

The visa is typically issued for one or two years and can be renewed if requirements continue to be met.

Do I need to invest to get the Greek Residency for Financially Independent Persons?

No. Unlike Golden Visa programs, the FIP visa only requires proof of sufficient and stable income from outside Greece.

What are the costs involved in the Residence Permit for Financially Independent Persons?

Applicants should budget for residence permit fees, private health insurance, and administrative charges, in addition to meeting the required income threshold.

What are the key benefits of the Greece Financially Independent Visa?

• Legal residency in Greece
• Visa-free travel within the Schengen Zone
• Inclusion of family members
• A high quality of life with affordable living costs
• No employment or investment obligations