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Greece - FIP Visa
The Greece FIP Visa program seeks to attract non-EU nationals of independent financial means to obtain Greek residency – without the need for a Golden Visa investment.
Program Overview:
The Greece FIP Visa program seeks to attract non-EU nationals of independent financial means to obtain Greek residency – without the need for a Golden Visa investment.
The Greek immigration authorities may also consider, at their sole discretion, applications from non-retirees who are able to meet the program’s financial eligibility requirements. In the main, applicants are expected to be able to support themselves and any eligible dependents without the need to get a job or invest in Greece. You are, however, allowed to work remotely for an overseas employer or service offshore clients from within Greece.
In terms of eligible sources of income, passive income sources such as rental income, fixed-rate interest earnings and pension payments above €2,000 can typically serve as the basis for a Greek FIP Visa application for a single applicant.
Program Benefits:
Residence Permit for Family
The right to obtain a residence permit is granted not only to the owner, but also to his/her spouse, children of both spouses under 21 and parents of both spouses.
No Obligation of Permanent
Residency Similarly to “golden” residence permit, you can permanently reside in Greece or not come at all.
Choice of Tax status
You decide whether to become a tax resident of the Hellenic Republic. In this case, it is your right, not a duty.
Eligibility for Citizenship
After 7 years of permanent residency it is possible to apply for Greek citizenship provided the resident has spent at least 183 days per each year in Greece.
Requirements & Eligibility:
- Minimum age of 18
- No criminal record
- Verified source of income
- Rental agreement for 1 year
In order to qualify for the Greece FIP Visa, you’ll need to demonstrate that you won’t become a burden onto the Greek state during your stay in the country.
There are two ways of qualifying for the Greece FIP residency visa:
- Apply on the basis of non-salaried, passively sourced income (i.e. not salary based).
- Apply on the basis of savings.
Applying on the basis of stable, recurring, non-salaried income
In order to qualify for this 2-year visa as a single applicant, you’ll be required to prove that you consistently earn a minimum of €2,000 per month. Salary and business income is not considered as eligible under the program.
Instead, you’ll have to prove that you earn stable, recurring income such as pension, long-term rental income, dividends, royalties or fixed-rate savings earnings of €2,000 or more per month.
In order to apply as a married couple, you’ll need to show eligible earnings of €2,000 for the primary applicant, plus an addition 20% (€400) per month for the spouse. For every additional dependent child, you’ll need to show an additional 15% (€300) in income per month.
To apply as a family of 4 (married couple and two dependent minor children), you’ll therefore need to show a stable recurring income of at least €3,000 per month – and ideally substantially more.
Family Inclusion:
The right to obtain a residence permit is granted not only to the owner, but also to his/her spouse, children of both spouses under 21 and parents of both spouses.
The benefits of Greece FIP Visa.
The Greece FIP Visa program seeks to attract non-EU nationals of independent financial means to obtain Greek residency – without the need for a Golden Visa investment.
The Greek immigration authorities may also consider, at their sole discretion, applications from non-retirees who are able to meet the program’s financial eligibility requirements.
Residency Permit for Family
The Greece FIP Visa allows you the right to obtain a residence permit is granted not only to the owner, but also to his/her spouse, children of both spouses under 21 and parents of both spouses.
No Investment Required
The Greece FIP Visa, unlike the Golden Visa – does not require any large investment to qualify. Meaning its an extremely affordable route for EU residency to unlock all the benefits.
Family
Reunification
The Greece FIP Visa extends its benefits to your family members, allowing for family reunification. Spouses, dependent children, and even dependent parents can obtain residency, providing a comprehensive solution for families seeking a new home in Europe.