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How Indian Expats in Greece Can Apply for Long-Term Residency

How Indian Expats in Greece Can Apply for Long-Term Residency

13 May 2025


For many Indian expats, students, and professionals living in Greece, building a stable life abroad comes with the dual responsibility of securing residency and staying financially connected to family back home. Greece offers a long-term residency permit that opens doors to legal stability, better job opportunities, and even access to the wider Schengen region. While navigating the application process, one important aspect that shouldn't be overlooked is managing a reliable and cost-effective money transfer from Greece to India.

Whether you're supporting your parents, paying for education, or investing back home, finding a trustworthy remittance service is just as important as securing your legal status. Fortunately, platforms like ACE Money Transfer offer fast, secure, and affordable solutions to send money to India from Greece, helping you maintain strong ties with your loved ones. This guide will walk you through the residency process in Greece and how to seamlessly manage your finances between the two countries.

Understanding Long-Term Residency in Greece

Greece has become an attractive destination for Indian expats due to its rich culture, favourable climate, and growing economic opportunities. Securing long-term residency is essential for those looking to establish a stable life in the country. This status not only legalizes your stay but also provides access to various benefits, including employment rights, healthcare, and the ability to travel within the Schengen zone.

What is Greece's Long-Term Residency, and Who Can Apply?

The long-term residency permit in Greece is designed for non-EU nationals who have legally resided in the country for at least five years. This permit grants rights similar to those of EU citizens, such as access to the labor market and social services. Applicants must demonstrate integration into Greek society and meet specific financial and legal criteria.

Eligibility Criteria and Required Documents

To apply for long-term residency in Greece, you need to fulfil the following requirements:

  • Proof of continuous legal residence in Greece for a minimum of five years.
     
  • Evidence of stable and regular income sufficient to support yourself and any dependents.
     
  • Comprehensive health insurance coverage is valid in Greece.
     
  • Basic knowledge of the Greek language and understanding of Greek culture.
     
  • Clean criminal record from both Greece and your country of origin.
     
  • Completed application form along with all necessary supporting documents.
     

How Long Does It Take and What Are the Costs?

The processing time for a long-term residency application in Greece typically ranges from two to four months, depending on the region and the completeness of your application. The application fee varies between €150 and €300. Additional costs may include fees for document translation, legal consultations, and other administrative expenses.

Why Residency Matters for Financial Security?

Achieving long-term residency in Greece provides more than just legal stability; it significantly enhances your financial security and planning capabilities. With this status, you can access better employment opportunities, invest in property, and plan for long-term financial goals. Moreover, it simplifies the process to send money online to India from Greece, ensuring your family receives support without unnecessary delays or fees.

Legal Stability Helps You Plan Your Finances Better

With long-term residency, you gain the legal right to work and reside in Greece indefinitely. This stability allows you to enter into long-term employment contracts, secure housing, and make informed financial decisions. It also provides the confidence to invest in local opportunities, knowing that your residency status supports your long-term plans.

According to the World Migration Report 2022, India had the largest diaspora globally in 2020, with nearly 17.9 million Indians living abroad. 

Access to Greek Banking & Benefits

Long-term residents in Greece have access to the national banking system, enabling them to open bank accounts, apply for loans, and utilise other financial services. This access facilitates efficient management of your finances, including the ability to send money to India online from Greece through reliable banking channels. Additionally, residents can benefit from public healthcare and social security systems, further enhancing financial stability. 

Moreover, you can read about Legal Pathways for Pakistanis to Settle and Work in Greece.

Ways to Remit Money to India as a Long-Term Resident

As a long-term resident in Greece, you have several options to transfer funds to India:

Digital Transfer Services

Utilize online platforms that offer quick and secure money transfers.

SEPA-enabled International Bank Transfers 

Use your Greek bank account to initiate transfers to Indian banks.

Forex Service Providers

Engage with foreign exchange services that cater to expatriates for competitive rates.

How ACE Money Transfer Supports Indian Expats in Greece?

When it comes to transferring money internationally, choosing a reliable and efficient service is crucial. ACE Money Transfer stands out among competitors by offering fast, secure, and affordable services tailored to the needs of Indian expats in Greece. With a commitment to excellence, ACE Money Transfer has earned 4.8+ ratings on Trustpilot, reflecting customer satisfaction and trust.

Fast & Low-Fee Transfers to India

ACE Money Transfer provides competitive exchange rates and minimal fees, ensuring that more of your hard-earned money reaches your family in India. The platform is designed for speed, with many transactions completed within minutes, allowing you to send money from Greece to India promptly.

Trusted, Regulated & Expats-Friendly

Operating under strict regulatory frameworks, ACE Money Transfer ensures that your transactions are secure and compliant with international standards. The service is tailored to meet the unique needs of expatriates, offering multilingual support and user-friendly interfaces to facilitate seamless money transfers.

Achieve Long-Term Residency in Greece with Confidence!

Securing long-term residency in Greece is a significant step toward establishing a stable and prosperous life as an Indian expat. It not only provides legal security but also opens up avenues for financial growth and planning. Maintaining strong financial connections with your family in India remains a priority, and choosing the right money transfer service is essential. 

With its commitment to speed, security, and customer satisfaction, ACE Money Transfer stands out as a reliable partner to send money online to India from Greece. Begin your journey toward long-term residency with confidence, knowing that your financial obligations back home are in trustworthy hands.

FAQs

Can I apply for long-term residency in Greece while on a student visa?

To be eligible for long-term residency, you must have legally resided in Greece for at least five years. Time spent on a student visa may count toward this period, provided you meet all other criteria, including stable income and integration into Greek society.

What is the fastest way to send money from Greece to India?

Utilizing digital transfer services like ACE Money Transfer is among the fastest methods. Transactions are often completed within minutes, ensuring your family receives funds promptly.

Is there a limit on how much money I can send from Greece to India?

Transfer limits may vary depending on the service provider and regulatory requirements. It's advisable to check with your chosen platform for specific limits and ensure compliance with both Greek and Indian financial regulations.

Is ACE Money Transfer safe for Indian expats in Greece?

Yes, ACE Money Transfer operates under stringent regulatory standards, ensuring secure and compliant transactions. Its high customer satisfaction is reflected in a 4.8+ ratings on Trustpilot.

Do I need a Greek bank account to send money online to India from Greece?

While having a Greek bank account can facilitate transfers, services like ACE Money Transfer allow you to send money using various payment methods, providing flexibility and convenience.


 


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