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Forums Living In Crete Pensions and #Retirement Living Residency Permit – EU citizen to stay beyond 3 months

Pensions and #Retirement Living
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  • #30770
    LolDucky
        • Topics: 1
        • Replies: 1
        • Total: 2
        • BIC 2.0 Newbie
        Member since: 8th May 2011

        Hello all!
        Thank you for looking at my question and any answers or insights you may have would be greatly appreciated thank you!
        I understand that a residency permit may or may not be asked for but one of the considerations in getting it is the question ‘Must have sufficient funds to support oneself’ and my question is regarding this statement please.
        What in real terms is meant by this and is there a figure in money used to measure this? I cannot find this information anywhere.
        Any and all answers to this is appreciated thanks!
        Lorraine

        #31140
        latsida
        Participant
            • Topics: 165
            • Replies: 2407
            • Total: 2572
            • Practcally Cretan
            • ★★★★★★
            Member since: 17th October 2006

            I renewed my Permit last year but was not asked for my bank statements, though some people in other areas of Crete may have been asked for them however you will need to provide evidence of Health Insurance if you do not qualify for IKA.
            However there are new Tax laws where you have an Imputed Income assessed by the Taxman (you need to be able to show where your money to live here comes from if you have no Greek income or do not work here)

            #31410
            LolDucky
                • Topics: 1
                • Replies: 1
                • Total: 2
                • BIC 2.0 Newbie
                Member since: 8th May 2011

                Thank you!

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