Indian HNW Investors & NRIs · 2026

Greece Golden Visa.
Independent Legal Representation.
LRS-Compliant from Day One.

Hellenic Law Firm Athens provides independent legal advisory to Indian investors and NRIs on the Greece Golden Visa programme and property acquisition. We are lawyers registered with the Athens Bar Association — not property agents, not consultants.

ग्रीस में संपत्ति खरीदने से पहले एक स्वतंत्र यूनानी वकील से परामर्श लें।

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LRS Compliance — The Critical First Step

The Reserve Bank of India's Liberalised Remittance Scheme governs how Indian residents transfer funds abroad. The structure of your investment must be planned around it before any funds move.

What Indian Investors Must Know About LRS and Greece Golden Visa

Annual Limit per Person

USD 250,000 per financial year per individual. Greece's €400K–€800K Athens thresholds exceed this. Co-investment across family members and financial years is standard structuring — plan this before committing.

NRIs Are Exempt

Non-Resident Indians are not subject to LRS restrictions under FEMA. NRIs may remit from NRE or FCNR accounts without the USD 250K annual cap. Confirming your residency classification is the critical first step.

Permitted Purpose

Purchase of immovable property outside India is LRS-permitted. Funds must be routed through an authorised dealer bank in India with full documentation at that stage — not an afterthought.

Greek Law Alignment

Greek law requires the purchase price to be paid by direct bank-to-bank transfer — aligned with LRS routing requirements. Cash payments are prohibited under both Greek and Indian regulations and invalidate the Golden Visa application.

⚠️ Dual Citizenship — India Does Not Permit It India does not allow dual citizenship. Acquiring Greek citizenship would result in automatic loss of Indian citizenship. The Greece Golden Visa provides a renewable EU residence permit — not citizenship. This is the primary value for Indian investors. We advise all Indian clients on this distinction clearly before any citizenship-track planning.

Why Indian Investors Choose Greece

Four structural reasons beyond the permit itself.

Euro Asset Diversification

A Greek property in an EU member state provides genuine geographic and currency diversification. Legal stability under EU law and euro denomination make it a distinct asset class from Indian real estate markets.

EU Mobility for Business

Greek residence permits grant visa-free travel across 26 Schengen countries. For Indian business owners with European clients, partners or supply chains, this removes a significant and recurring operational friction.

Children's European Education

Permit holders' children access European universities at resident tuition rates. Children up to age 21 (24 for full-time students) are included as standard. A generational investment, not only a financial one.

Family Office Structuring

For HNW families investing above the individual LRS limit, co-investment structures across multiple family members and financial years can be legally structured. Independent legal and tax advice at the outset is essential.

The Core Distinction: Hundreds of firms market "Golden Visa approved" properties in Greece. All work for the seller and earn sales commissions. We are lawyers registered with the Athens Bar Association (No. ΔΣΑ 26644). We do not accept commissions from sellers.

In practice: we independently verify whether a property genuinely qualifies, whether the title is clean, and assess the risk of application rejection — before you transfer any funds. For Indian investors, we also review LRS structuring and documentation requirements at the outset, before any banking steps are taken in India.

Our Legal Services

Partner-level service. Every file is managed from start to finish by a partner directly — not delegated to trainees or assistants.

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Legal Risk Assessment

Property category (800K / 400K / 250K), title search, mortgages and encumbrances, planning certificate compliance. Written legal opinion before any commitment.

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Title & Cadastre Search

Historical title chain, inheritance dispute risk, building permit and compliance certificates. Full independent investigation.

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Power of Attorney

Manage the full purchase from India via a notarised power of attorney executed at the Greek Consulate in Mumbai or New Delhi. Apostille requirements included.

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Full Acquisition Management

Greek tax number, bank account opening, notary coordination, title transfer, cadastre registration and residence permit application — all handled.

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Golden Visa Application

Application file preparation, family member inclusion (spouse, children up to 21, parents), and renewal procedure management.

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LRS Structuring Guidance

Co-ordination with your Indian advisors on fund transfer structure, LRS documentation and multi-year / multi-person investment planning above the individual limit.

2026 Investment Thresholds

Current thresholds under Law 5038/2023 and the 5100/2024 reforms:

Investment Type	Location	Minimum	Key Conditions
Residential property	Attica, Thessaloniki, Mykonos, Santorini & islands 3,100+	€800,000	Single property, min 120 m²
Residential property	Rest of Greece	€400,000	Single property, min 120 m²
Commercial-to-residential conversion	All Greece	€250,000	Single property, strict special conditions
Listed historic building restoration	All Greece	€250,000	Single property, first sale only
Qualified investment fund	Greece	€350,000	Funds investing in Greek stock exchange
Fixed bank deposit	Greek bank	€500,000	Rolling 12-month deposit

Note for Indian investors — €800K Athens threshold and LRS: At current exchange rates, €800,000 is approximately USD 870,000 — more than three times the annual individual LRS limit. Co-investment planning across multiple family members over more than one financial year is the standard structuring route. We advise on this specifically as part of our initial assessment.

Short-Term Rental Prohibition: Properties purchased under the Golden Visa programme may not be rented via Airbnb or similar platforms (rentals under 60 days). Long-term rentals are unrestricted. Violation results in permit cancellation and administrative fines.

Why Choose Hellenic Law Firm Athens

Fully Independent

No commissions from sellers, agents or developers. Our fee is for legal advisory only. No conflict of interest at any stage.

Since 2005

Serving HNW private clients from the UK, US, Switzerland, UAE, India and Asia-Pacific. Every file supervised directly by a partner.

Partner-Level Service

Files are not delegated to trainees or assistants. An experienced lawyer follows your matter from instruction to permit card delivery.

Athens Bar Registered

Bar No. ΔΣΑ 26644. Operating under full legal accountability and Greek regulatory oversight — not an unregulated advisory firm.

Further Legal Guides

Detailed legal analysis specific to Indian investors and NRIs.

Legal Process Guide

Buying Property in Greece — Step by Step for Indian Investors

LRS fund structuring in India, power of attorney, bank account opening, notarial process and Golden Visa application — the full legal sequence explained.

Read Guide →

Legal Analysis

Greece Golden Visa at €250K — Is It Possible for Indian Investors?

The legal conditions, LRS implications of the lower threshold versus €800K Athens, and what to verify before committing.

Read Analysis →

Request an Independent Legal Assessment

Send us the property address or seller documents. We provide a written legal opinion — including initial LRS structuring guidance — before any funds are transferred. English communication throughout.

Send Email

[email protected]

Phone / WhatsApp

+30 210 363 6035

Address

Athanasiou Diakou 12, Athens 11742

Bar Registration

ΔΣΑ 26644 — Athens Bar Association

Greece Golden Visa.Independent Legal Representation.LRS-Compliant from Day One.