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Hello dakkadakka forums!
As you can see I am new to this forum (I am also new in miniatures painting) and this is my first topic!

First of all, a few things about me: I am 25 years old, I live in a small Greek island with no local access to art shops and specific paints and I just entered into miniatures painting section, in order to accomplish the goal/dream I have since I was a young boy => To build the world of Lord of the Rings from terrains to all miniatures (for both gaming and watching) straight to my house.
I know it's going to be a very hard project but I have the time, the energy and of course the money needed, otherwise I would not post at all about it.

Now let's move on to the purpose of this topic...After a 2 week practice on miniatures painting (on cheap/fail minis), I am ready to start my first Lord of the Rings project which is a game I have called War of Ring.

Here is the thing, even if these minis are small and not so much detailed I want to make them as good as possible in terms of colors matching and tha's why I have gathered information around internet for all Lord of The Rings Games Workshop miniatures since I am planning to move on to them, after finishing the War of Ring, and start building them (I have already won a few of them from ebay auctions so that's realistic).
However, I am not experienced with Citadel colors so I would not like paying money to colors I will never use. (If you ask why Citadel, remember that I live in a Greek island so I have to purchase my colors from online greek stores to save shipping costs, and most of them have mostly Citadel or Warpaints)

Below is a table of the citadel colors I currently have (I have all Citadel Washes too):

Blacks: Abbadon Black
Whites: Ceramite White
Yellows: Averland Sunset / Yriel Yellow / Flash Gitz Yellow
Reds: Mephiston Red / Evil Sunz Scarlet
Blues: Macragge Blue / Altdorf Guard Blue / Calgar Blue
Grays: Eshin Grey / Dawnstone
Greens: Waaagh! Flesh / Warboss Green / Skarsnik Green
Browns: Mournfang Brown / Skrag Brown / Deathclaw Brown
Fleshes: Cadian Fleshtone
Silvers: Leadbreaker / Runefang Steel
Golds: Balthasar Gold / Gehenna's Gold / Auric Armour Gold
Extras: Bugman's Glow / Zandri Dust / Ushabti Bone

Now here is a list of the colors I gathered from online tutorials or GW guides on how to paint Lord of the Rings minis:
NOTE: Some color names were posted with their old Citadel name but I changed them to their new name according to GW color conversion chart.

Administratum Grey
Alaitoc Blue
Baneblade Brown
Balor Brown
Bestial Brown
Bestigor Flesh
Caliban Green
Castellan Green
Deathworld Forest
Doombull Brown
Elysian Green
Fenrisian Grey
Gorthor Brown
Hashut Copper
IronBreaker
Kantor Blue
Karak Stone
Khorne Red
Kislev Flesh
Loren Forest
Mechanicus Standard Grey
Nurgling Green
Pallid Wych Flesh
Ratskin Flesh
Retributor Armour
Rhinox Hide
Russ Grey
Screaming Skull
Steel Legion Drab
Stirland Mud
Stormvermin Fur
Tallarn Sand
Tau Light Ochre
The Fang
Ulthuan Grey
Warplock Bronze
Wazdakka Red
Zamesi Desert

So here is my question: Which colors do you think I should purchase and why?
I don't mind buying them all since money is not a problem as I said, but I don't like paying for things that I will barely use or I can create from my current paints and moreover I could invest that "wasted" money to buy minis or terrains so I prefer paying to exactly what I am going to use often.

Thank you very much your time and can't wait to see your replies guys!

Hi and welcome! Sounds like a fun project.

As for what paints to buy, it's very much up to you. Only you will know how detailed a paint job you are aiming for and exactly what colour schemes you have planned.

I would recommend buying complementary sets of paints so that you have a base colour, a layer colour and a highlight colour that match each other. The GW Paint app for smart phones / tablets is very good for this, have a look at it.

Personally I don't like mixing paints, I'd rather just have the colour I need in a bottle and then I know it's exactly the same each time I use it.