Greece is one of the top travel destinations in the world and it is not hard to imagine why visitors would wish to retire to Greece upon experiencing the culturally rich and picturesque top places to visit in the country.
Foreign nationals can choose to apply for a Greece retirement visa based on a number of conditions that have to do with acquiring a residence permit and maintaining the eligibility conditions for this purpose.
Our Greece immigration experts describe the main requirements in this article and outline the principal conditions regarding temporary residence, followed by permanent residence, effectively retiring in the country.
Moving to Greece for retirement purposes can be a suitable option for many foreign nationals who meet the minimum income requirements. Having a pension and/or income from rental activities, is suitable for most relocation purposes. Our team can give you more information about the relocation conditions and can help you apply, as well as assist in communications with the authorities.
Our team offers tailored assistance to foreign nationals from the UK, the US and other countries. If you have particular questions, please do not hesitate to contact us, especially if you are interested in retiring to Greece after Brexit.
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Greece entry conditions
One of the first steps when deciding to retire to Greece is to determine the entry requirements.
Foreign nationals from the EU, Switzerland, Iceland, Norway and Lichtenstein do not need a visa to enter the country and remain for a certain period of time.
Non-EU citizens, depending on their country of origin, may need to apply for a visa for short-term purposes as part of the Greece retirement visa requirements.
For the purpose of remaining the Greece long-term, foreign nationals will need to do so based on a residence permit. This can be issued for various purposes, including business activities or employment, however, for the purpose of retirement, the applicant will need to show that the income is derived from pension received from another country (along with other sources of income, such as income from rental activities, if applicable).
The following Greece retirement visa requirements apply:
- sufficient resources (stable annual income) – in most cases, this can be EUR 2,000 per month;
- when the holder is accompanied by family and/or minor children, this amount can be 15% higher
- the permit for a financially independent person is valid for 2 years;
- this permit can be renewed;
- it cannot be used for employment purposes.
The terms above apply in the case of financially independent persons who wish to live in Greece. For foreign nationals who meet these financial conditions, it can be the equivalent of a visa that allows them to retire to Greece.
Please keep in mind that the holder of a visa needs to continue to meet the conditions in place.
A Greece retirement visa can be the first step for those who wish to immigrate to the country. Obtaining citizenship by naturalization is possible:
- after at least 7 years in most cases;
- at least 3 years in case of those who are married to a Greek citizen or have a child with a Greek citizen.
Reasons to retire to Greece
Some of the most compelling reasons are the:
- Climate: perhaps one of the top reasons why many apply for the Greece retirement visa, combined with the geography of the country (namely, its islands)
- Cuisine: Greek (and Mediterranean cuisine in general) is healthy and delicious at the same time;
- Lifestyle: the laid-back living, and the quality of life are two of the most important reasons why people choose to retire here;
- Culture: whether you choose to retire to Greece on an island or in a large city, Greece is culturally rich and offers a unique incursion into ancient times.
Whether you choose to relocate to Greece for one, more or all of the reasons above, our immigration specialists are ready to assist you.
You can contact us if you want to retire to Greece and need more details on how to proceed based on your nationality.
We assist foreign nationals from any country, however, if you are particularly interested in relocating from the UK, hence, retiring to Greece after Brexit, we can answer your specific questions.