Greece continues to welcome financially independent non-EU citizens seeking long-term residence in a peaceful and culturally rich country. Under Article 163, paragraph 8 of Law 5038/2023, Greece offers a specific residence permit for Financially Independent Persons (FIPs), which is an ideal solution for retirees, remote income earners, and others with stable financial means who wish…

The imminent entry into force of Law 5038/2023 on April 1, 2024, has caused concern among people interested in living their dream in Greece, as many changes are occurring in Greek immigration law. In this context, it is stated by several that the residence permit for Financially Independent Persons is being abolished under the new…