Greece's Financially Independent Person (FIP) Visa

The main Greece visa guide covers the Digital Nomad Visa, built around remote employment or freelance income. Greece separately offers a Financially Independent Person (FIP) visa, generally aimed at retirees and others living on passive income — pensions, investments, rental income — rather than active remote work.

Confirmed under Law 5038/2023: the minimum monthly passive income is €3,500 for the main applicant — up sharply from the older €2,000 figure some content still cites — plus 20% more (€700) for a spouse and 15% more (€525) per dependent child. Alternatively, a lump-sum bank deposit of roughly €126,000 can cover the visa's 3-year validity period instead of showing recurring monthly income. As of 2024, a Greek bank account is no longer required to meet this threshold, a real simplification from the program's earlier version. One specific, valuable detail worth knowing: FIP visa holders can elect a flat 7% tax rate on foreign pension income, a meaningfully lower rate than Greece's standard progressive income tax.

This route generally does not permit working in Greece, including remote work for a foreign employer — a meaningful distinction from the Digital Nomad Visa route, and worth confirming directly if you're planning any ongoing income-generating activity at all during your stay.

EU/EEA citizens generally don't need either of these routes at all — see the site's EU citizens guide for why freedom of movement already covers most of what both Greek programs are built to provide for non-EU applicants.