For Indian Investors & NRIs

The Greek Golden Visa for Indian Investors & NRIs

A Schengen residence permit and a European foothold for the family — built on a property that genuinely qualifies. We verify the property and the threshold on the Greek side, and work cleanly alongside your Indian bank and adviser on moving the funds.

Independent Greek counsel, in English. We act for you, not the seller — and we tell you plainly when a €250,000 listing does not meet the law.

Europe for the family — with the money moved the right way.

For many Indian families and NRIs, a home in Greece means Schengen mobility, an education and lifestyle base in Europe, and diversification into a stable euro-denominated asset. The Greek legal process is well-trodden. The part that needs the most planning, for Indian buyers specifically, is moving the funds out of India correctly — and that is decided by Indian regulation, not Greek law.

So we draw a clear division of labour. On the Greek side — which is our work — we verify the property's title, planning and the genuine Golden Visa threshold, document the source of funds and the bank transfer the law requires, prepare the deed and registration, and file the residence application. On the Indian side — the LRS for residents, or NRE/FCNR routing for NRIs — your own authorised dealer bank and Indian adviser plan and execute the remittance.

We advise on Greek law only. We do not give Indian regulatory, FEMA or tax advice — but we coordinate closely with those who do, so the two sides meet cleanly.

The fund-transfer dimension — plan this first

This is the question that most shapes an Indian investor's route. We set out the factual landscape so you can take it to your Indian adviser — it is Indian-side regulation, on which they, not we, advise.

Resident Indians — the LRS

Under the Liberalised Remittance Scheme, a resident individual may currently remit up to USD 250,000 per financial year. A €250,000 investment sits close to one person's annual capacity; the €400,000 and €800,000 thresholds typically require coordinated remittance across family members or financial years. Your authorised dealer bank and adviser plan this.

NRIs — outside the LRS

Non-Resident Indians are not subject to the LRS and may generally remit from NRE or FCNR accounts under FEMA. Confirming whether you are resident or NRI is the critical first step — and one for your Indian bank or adviser to settle before any funds move.

The two sides align

Greek law requires the price to be paid bank-to-bank into a Greek account in your name — which aligns naturally with LRS and NRE/FCNR routing. Cash payment is not permitted and can invalidate a Golden Visa application.

Where we fit

We handle the Greek-side requirements — the Greek bank account, the receipt and documentation of the transferred funds, and the source-of-funds file. We brief and coordinate with your Indian bank so the remittance and the Greek transaction fit together without surprises.

A note of caution: LRS limits, FEMA rules and NRI account treatment are matters of Indian law and change over time. The figures above are general context, not advice — confirm your own position with your authorised dealer bank or a qualified Indian adviser before committing.

The investment thresholds, precisely

The €250,000 figure is heavily marketed to Indian buyers and rarely qualifies. We confirm the genuine threshold for the specific property before you commit.

€800k

The specified areas

Attica, the Regional Unit of Thessaloniki, Mykonos, Santorini and islands with a population of more than 3,100 residents.

€400k

Other regions

All other regions of Greece. A single property, minimum 120 m² in the standard residential categories.

€250k

Qualifying cases only

Only change-of-use conversions and listed-building restorations, under strict statutory conditions, usable once per property — not a general low-cost route.

To date, we have filed Golden Visa and residence applications for hundreds of families, with no rejections. We protect that record the only way it can be protected — by carefully preparing the matters we accept, declining those we cannot stand behind, and telling clients the truth about a property before they commit.

The process, from India

Many steps may be managed through a notarised Power of Attorney, subject to acceptance by the competent notary, authority, bank or registry. The biometric appointment for the residence permit requires physical presence in Greece. The statutory processing period for the permit is 90 days.

01

Plan the remittance

With your Indian bank and adviser, confirm resident/NRI status and the LRS or NRE/FCNR route. We brief them on the Greek-side requirements.

02

Power of Attorney & AFM

A PoA signed at the Greek consulate in Mumbai or New Delhi, or before an Indian notary with Apostille; Greek tax number and bank account arranged.

03

Due diligence & deed

Title, planning, cadastre and threshold checks completed and reported; funds received bank-to-bank; the notarial deed signed and registered.

04

Permit & family

The Golden Visa application filed, family included where eligible, with one visit to Greece for biometrics.

Related guidance

For the mechanics of acting from India, see Power of Attorney in Greece. For a larger or company-held acquisition, see Greek property due diligence. And before any commitment, the independent Legal Risk Check of the specific property is the right first step.

Send a property for legal review

Tell us about the property you are considering. A supervising partner will review the details and respond personally, usually within one business day, to confirm the genuine threshold, the scope, and the fixed fee for a written legal note.

There is no obligation, and nothing here creates a lawyer–client relationship until terms are agreed in writing. We advise on the Greek side and coordinate with your Indian bank and adviser on the remittance.

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Or contact us directly

Phone: +30 210 363 6035

WhatsApp: +30 697 827 6455 (first contact and scheduling only)

Email: [email protected]

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Questions Indian investors ask

Can Indian citizens and NRIs buy property in Greece and obtain the Golden Visa?

Yes. Indian nationals and NRIs may buy and own property in Greece and, where the qualifying investment is met, obtain the Golden Visa residence permit. The Greek process is the same that applies to other non-EU investors: due diligence, the notarial deed, registration and the application. The price must be paid by bank transfer to a Greek account in the buyer's name, with the source of funds documented.

How does the LRS affect a Greek property purchase from India?

Under the Liberalised Remittance Scheme, a resident individual may currently remit up to USD 250,000 per financial year. A €250,000 investment is close to one person's annual capacity, while €400,000 and €800,000 typically require coordinated remittance across family members or financial years. This is Indian regulation, to be planned with your own authorised dealer bank and adviser; we advise on the Greek side only. The Greek-law bank-to-bank requirement aligns with LRS routing.

Are NRIs subject to the same LRS limits?

No. NRIs are not subject to the LRS and may generally remit from NRE or FCNR accounts for overseas property purchase, under FEMA. Confirming your status as resident or NRI is the critical first step, with your Indian bank or adviser. Either way, the funds must be transferred bank-to-bank to a Greek bank account in your name — a Greek-law requirement we handle.

What are the investment thresholds?

€800,000 for Attica, the Regional Unit of Thessaloniki, Mykonos, Santorini and islands with a population of more than 3,100 residents; €400,000 for other regions; and €250,000 only in specific qualifying cases such as change-of-use conversions and listed-building restorations, subject to statutory conditions and usable only once per property. The applicable threshold must be verified for each specific property.

Can the purchase be handled from India through a Power of Attorney?

Yes. Many steps may be managed through a notarised Power of Attorney, subject to acceptance by the competent notary, authority, bank or registry. It can be signed before the Greek consulate in Mumbai or New Delhi, or before an Indian notary with an Apostille. The biometric appointment for the residence permit requires physical presence in Greece.