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I.8 — Residence permit with sufficient means

GreeceLiving from your own income

Explore the five recorded questions, answers and sources for this pathway.

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Is this aimed at retirees, pensioners, financially independent people, passive-income holders or another profile?

The Greek FIP visa is aimed at third-country nationals who can demonstrate sufficient independent income.

See recorded sources
Limits of the record
  • Whether the route is limited to retirees, pensioners, or financially independent persons is not explicitly stated in the supplied record.
  • program_overview
    The Greek FIP visa grants third-country nationals who can demonstrate sufficient independent income a renewable residency visa.

Which types of income/assets are accepted according to the official source?

The main applicant must prove a guaranteed monthly income as demonstrated by bank account balances, dividend cheques, retirement annuities, etc.

See recorded sources
Limits of the record
  • The record does not specify whether other asset types are accepted beyond the examples given.
  • 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.

What income, savings or financial-resources threshold applies and how does family affect it where officially specified?

The minimum income levels required are €3,500 per month for the main applicant, an additional 20% (€700) per month for a spouse, and an additional 15% (€525) per month for each dependent child.

See recorded sources
Limits of the record
  • The record does not state whether savings or other financial resources can substitute for income.
  • how_to_qualify
    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

Can the holder work locally, run a business or perform other economic activity? What is the family position?

No. The permit gives no right to dependent work or to independent economic activity of any kind in Greece. This applies to the sponsor, the spouse or partner and the family members.

See recorded sources
Limits of the record
  • Cited text is the Migration Code (Law 5038/2023) as published in FEK A 81/01.04.2023; no official consolidated text was used; Law 5275/2026 amends art. 163 only in par. 6 and adds par. 9, not par. 8; other amendments were not excluded.

How long is the status granted, what is required for renewal, what physical-presence obligations matter, and what longer-term residence direction exists?

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. To retain their residency status, applicants must be physically present in Greece for at least half the year. After 5 continuous years of residency, the applicant may apply for permanent residency.

See recorded sources
Limits of the record
  • The record does not specify the renewal procedure or any additional renewal conditions beyond financial requirements.
  • citizenship_timeline_and_requirements
    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.
  • program_overview
    To retain their residency status, applicants must be physically present in Greece for at least half the year
  • citizenship_timeline_and_requirements
    After 5 continuous years of residency, the applicant may apply for permanent residency.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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