Greece Financially Independent Person Visa offers a peaceful life in the heart of the Mediterranean for individuals and their families who sustain themselves with regular passive income. This visa provides long-term residence in Greece without a work permit and the privilege of free movement within the Schengen Area.
Ideal For
Retirees and individuals with regular passive income sources such as rental income, investment returns, royalties, or interest.
Income Requirement
Minimum monthly passive income of €3,500 (plus 20% for spouse, plus 15% for each child).
Alternative: Bank balance sufficient to cover three years of living expenses (€126,000+).
Basic Documents
Proof of residence in Greece (rental contract or property deed), valid private health insurance, and clean criminal record certificate.
Work Status
No right to salaried employment; however, freelance or online work is allowed.
Family Inclusion
Spouse/partner and children under 21 can be included in the application.
Path to Citizenship
Citizenship application possible after 7 years of continuous residence, subject to passing Greek language and culture exams.
Advantages
Free movement within the Schengen Area, access to local services such as healthcare and education, and a secure second living option.
Residency Requirement
Minimum of 183 days (6+ months) residency in Greece each year.
Residence Permit
Initially granted for 3 years, renewable thereafter.