Greece Financially Independent Person (FIP) Visa vs Switzerland Lump Sum Taxation Residence
Greece passive income route: $1,100 fee, 24 months. Switzerland passive income route: 12 months.
Built for: Passive investors.
- Fee
- $1,100
- Duration
- 24 months
- Duration
- 12 months
- Processing
- 2-4 weeks
Next steps
Greece FIP
Switzerland Lump Sum
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Side by side
Greece Financially Independent Person (FIP) Visa
Switzerland Lump Sum Taxation Residence
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Where to apply
Interview required
Medical exam required
Minimum savings, one time
Minimum investment, one time
Investment types
Application fee, one time
Renewal cost, one time
Extra income per adult dependent
Extra income per child dependent
Income sources accepted
Social Security counts as income
Pension income recognized
Local work permitted
Maximum income from local work, %
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Required documents
Leads to permanent residency
Years to permanent residency
Years to citizenship, PR plus naturalization
Days in country, per year
Maximum consecutive days abroad
Tax regime
US tax treaty
| Field | Greece Financially Independent Person (FIP) Visa | Switzerland Lump Sum Taxation Residence |
|---|---|---|
| Visa type | Passive income | Passive income |
| Status | Active | Active |
| Initial duration, months | 24 (Longest initial stay) | 12 |
| Renewable | Yes | Yes |
| Built for | Retirees, Passive investors | Passive investors |
| Minimum age, years | Not specified | 18 |
| Practical minimum age, years | 18 | 18 |
| Nationality restrictions | Non-EU nationals only | Non-EU nationals only |
| Field | Greece Financially Independent Person (FIP) Visa | Switzerland Lump Sum Taxation Residence |
|---|---|---|
| Minimum savings, one time | Not specified | $308,558 |
| Minimum investment, one time | Not applicable | $308,558 |
| Investment types | Not applicable | Not applicable |
| Application fee, one time | $1,100 | Not specified |
| Renewal cost, one time | $1,100 | Not specified |
| Extra income per adult dependent | 20% | Not specified |
| Extra income per child dependent | 15% | Not specified |
| Field | Greece Financially Independent Person (FIP) Visa | Switzerland Lump Sum Taxation Residence |
|---|---|---|
| Income sources accepted | Pension or Social Security, Passive income | Not specified |
| Social Security counts as income | Yes | Not specified |
| Pension income recognized | Yes | Yes |
| Local work permitted | No | No |
| Maximum income from local work, % | 0% | 0% |
| Field | Greece Financially Independent Person (FIP) Visa | Switzerland Lump Sum Taxation Residence |
|---|---|---|
| Processing time, minimum (weeks) | Not specified | 2 weeks |
| Processing time, maximum (weeks) | Not specified | 4 weeks |
| Where to apply | 2 items listedSee where to apply on the visa page | 2 items listedSee where to apply on the visa page |
| Interview required | Not specified | No |
| Medical exam required | No | No |
| Field | Greece Financially Independent Person (FIP) Visa | Switzerland Lump Sum Taxation Residence |
|---|---|---|
| Leads to permanent residency | No | Yes (Path to permanent residency) |
| Years to permanent residency | Not specified | 10 years |
| Years to citizenship, PR plus naturalization | Not applicable | 20 years |
| Days in country, per year | 183 days | 183 days |
| Maximum consecutive days abroad | 182 days | Not specified |
| Field | Greece Financially Independent Person (FIP) Visa | Switzerland Lump Sum Taxation Residence |
|---|---|---|
| Tax regime | Territorial | Other |
| US tax treaty | Not specified | Not specified |
| Tax registration deadline, months after arrival | Not specifiedTax notes | At registrationTax notes |
| Field | Greece Financially Independent Person (FIP) Visa | Switzerland Lump Sum Taxation Residence |
|---|---|---|
| Health insurance required | Yes | Yes |
| Local bank account required | Yes | Not specified |
| Apostille required | Yes | Not specified |
| US FBI background check required | No | No |
| Certificate of coverage required | No | No |
| Required documents | 5 items listedSee full list on the visa page | 11 items listedSee full list on the visa page |