The full optical control of light using sustainable green technologies is one of the incipient challenges of the Photonics community. There are, however, few optical materials able to provide a significant nonlinear refractive index change under small enough intensities (< 1 GW cm−2), and, more importantly, allowing the external control of the magnitude and sign of their nonlinear response. This manuscript demonstrates that Cs2SnI6 lead‐free nanocrystals (NCs) present an extraordinary self‐defocusing response not yet observed up to now in any material. Despite its complex structural form, these NCs are fully characterized here, both experimentally and theoretically, revealing a giant negative refractive change Δn = −0.05 under proper illumination conditions. The nonlinear response is tuned with the intensity, concentration of NCs in the solvent, and propagation distance leading to a crossover where the media transforms to self‐focusing with Δn = +0.002. These results can provide fascinating opportunities in sensing and light–matter interactions for a future ecofriendly photonic technology.