Residence permit for third-country nationals with sufficient resources of subsistence (financially independent persons, type I.8)
Residency route facts
Identity
| Official name (local) | Άδεια διαμονής πολιτών τρίτων χωρών με επαρκείς πόρους διαβίωσης (άδεια διαμονής τύπου «Ι.8») as of 2023-04-01[2] |
|---|---|
| Official name (English) | Residence permit for third-country nationals with sufficient resources of subsistence (financially independent persons, type I.8) as of 2025-08-05[2][5] Translation; widely known as the FIP (Financially Independent Persons) permit |
| Legal basis | Migration Code (L.5038/2023) Art. 163(8); resources amount set by JMD 225679/2024 (Gazette B' 5223) as of 2024-09-17[2][3] |
Who can apply
| Nationals not served by this route | EU, EEA as of 2025-08-05[2][5] Third-country nationals only |
|---|---|
| Criminal-record condition | Yes as of 2025-08-05[2][5] Screened at the national (type D) visa stage, which this permit presupposes; general public-order grounds of the Code apply |
Permit terms
| Initial duration | 3 years as of 2025-08-05[2][5] Art. 163(8)(a) |
|---|---|
| Renewable | Yes as of 2025-08-05[2][5] |
| Renewal duration | 3 years as of 2025-08-05[2][5] |
| Work rights | none as of 2025-08-05[2][5] Art. 163(8)(c): no dependent employment or independent economic activity of any form, for the sponsor and family members alike |
Permanent residence and citizenship
Requirements
| Minimum income | 1 × Sufficient resources base amount for the financially-independent-persons permit (type I.8) per month as of 2025-08-05[3][4][5] |
|---|---|
| Qualifying income types | pension, rental, dividends, interest, savings drawdown as of 2025-08-05[3][5] Law imposes no closed list: any stable resources from lawful sources qualify; JMD accepts proof via foreign pensions, bank deposits/accounts and other documented lawful means. Listed enum values are all acceptable in practice; 'annuity' not separately evidenced. |
| Savings alternative | Not established from a qualifying source Bank balances are accepted as proof of resources (JMD 225679/2024), but no official flat lump-sum equivalent is published |
| Work prohibited | Yes as of 2025-08-05[2][5] Art. 163(8)(c) |
Process
| Where to apply from | from abroad only as of 2024-09-17[2][3] Art. 163 intro: the permit is granted to those who entered on the corresponding national entry visa (FIP D visa); resources are also verified at visa issuance (JMD 225679/2024) |
|---|---|
| Fees |
|
| Quota |
Physical presence
| maximum total absence | 6 months · to keep the permit as of 2025-08-05[2][5] General rule of Art. 18(6): permit validity unaffected only by temporary absences not exceeding 6 months per year (with listed exceptions); practitioners describe this as an effective 183-day-per-year presence expectation for renewal |
|---|
Family inclusion
| Family members may be included | Yes as of 2024-09-17[2][3] Art. 163(8)(b): family members receive individual permits expiring with the sponsor's |
|---|---|
| Eligible relations | spouse, minor child as of 2025-08-05[3][5] JMD 225679/2024 prices the add-ons for spouse (+20%) and children (+15% each); ascendants are not included in this route's family scope |
| Family may apply at the same time | Yes as of 2025-08-05[2][5] Family may accompany the sponsor; each files for an individual permit |
| Family members' work rights | none as of 2025-08-05[2][5] Art. 163(8)(c) extends the work prohibition to spouse/partner and family members |
| Additional means per family member |
Your next step
Read the requirements above considering your own situation: the income multiple, the absence limits, who you can bring. Check the country record for the reference figure those amounts are calculated from, and for anything that has changed recently.
The next step is your own case. That assessment is legal work. Create profile for our assistance in this.
Profile benefits
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Verification
| Sources cited | 5 |
|---|---|
| of which official (tier 1) | 3 |
| Oldest as-of date | 2023-04-01 |
| Newest as-of date | 2025-08-05 |
| Reviewed on | 2026-08-11 |
| Schema version | 1.1 |
Sources
- [1] Council Directive 2003/109/EC concerning the status of third-country nationals who are long-term residents
EUR-Lex (Publications Office of the EU) · statute · Tier 1 · Accessed 2026-08-04 - [2] Law 5038/2023 – Migration Code (Government Gazette A' 81/01.04.2023)
National Printing House (et.gr) · statute · Tier 1 · Published 2023-04-01 · Accessed 2026-08-04 · Archived copy - [3] JMD 225679/2024 – sufficient resources amounts under L.5038/2023 (Government Gazette B' 5223/17.09.2024)
National Printing House (et.gr) · gazette · Tier 1 · Published 2024-09-17 · Accessed 2026-08-04 - [4] KYA 225679/2024: determination of sufficient resources under L.5038/2023 (reproduction of the decision text)
Forin.gr · press · Tier 2 · Published 2024-09-17 · Accessed 2026-08-04 - [5] Residence permit in Greece – Financially Independent Person (FIP) – 2025 updates
Stathaki & Tsopela Law Office · law firm · Tier 2 · Published 2025-08-05 · Accessed 2026-08-04