Greece retirement visa for foreigners

What Is the Greece Retirement Visa?

Greece offers a dedicated retirement residency visa for non-EU citizens who want to live in the country long-term. This visa allows you to establish a residence in Greece without needing employment or owning a business. It's designed for people who have steady income sources and want to enjoy Greece's lifestyle, healthcare, and climate during retirement.

Who Can Apply?

You're generally eligible if you:

• Are a non-EU/EEA citizen (EU citizens have different rules)
• Are retired or have a stable income from pensions, investments, or rental income
• Can prove you have sufficient funds to support yourself
• Have no criminal record
• Have health insurance valid in Greece

Age requirements vary—some programs favor retirees over 55 or 60, but confirm current rules on Greece's official immigration website since these details change.

Income and Financial Requirements

Greece requires proof of regular, stable income. This typically comes from:

• Pensions (government or private)
• Investment income or dividends
• Rental property income
• Savings and assets

You must demonstrate you have enough monthly income to live independently without working. The exact amount fluctuates based on currency and policy updates, so check the official Greek immigration authority website for current thresholds.

How to Apply

The basic process involves:

1. Gather documents: Passport, birth certificate, financial statements, income proof, health insurance, police clearance certificate

2. Prepare evidence of funds: Bank statements, pension letters, property ownership documents

3. Submit your application: Usually done at a Greek embassy or consulate in your home country, or at immigration offices within Greece

4. Provide biometric data: Fingerprints and photos for your visa

5. Wait for approval: Processing times vary by location and completeness of your application

Living Requirements and Benefits

Once approved, you can:

• Reside in Greece without needing to work
• Travel freely within the Schengen Area (for visa-free travel)
• Sponsor family members in some cases
• Access healthcare and public services

You must renew your visa periodically, typically every 1–5 years depending on the program type.

Important Considerations

• Learn basic Greek to help with daily life and bureaucracy
• Register with local authorities and get a tax identification number
• Understand Greek healthcare access for your situation
• Plan for currency fluctuations if your income is in another currency
• Confirm your visa type doesn't restrict you from working if you later want to

This is general self-help information, not legal advice. Always verify current rules on the official government website.