Return to Conveyancing Guidelines

Print friendly version

 

OTHER LEGAL MATTERS

 

NIE - Identification number

 

By law all foreigners who have assets in Spain must have an NIE. This is your reference number with the Spanish Inland Revenue and you need it to complete your annual Income Tax and Capital Gains Tax returns.

It is also essential when you open a bank account, buy or sell property, apply for a loan or mortgage, or even take out an insurance policy.

Notaries are now insisting that non-resident purchasers produce an NIE certificate before they will allow them to sign the Title Dedds. If you do not have an NIE this can cause unexpected delays to completion at the last minute.

You can apply for an NIE certificate yourself, or with a power of attorney, but to apply for NIE Number with a power of attorney you would need to have a purchasing contract in place before.

 

 

 

PREV.     NEXT

 

    
The Purchasing Process

1. Finding a Property.
2. Real Estate Agents.
3. Choosing a Lawyer.
4. Negotiating the purchase.
5. The Reservation Contract and Deposit.
6. Exchange of Private Purchase Contracts.
7. Completion.
8. Registry.
9. Special Considerations when buying Off-Plan.
10. Fees when buying.
11. Taxes when buying.
12. Other Expenses.
13. Differences between the contract price & the amount actually paid.

Selling

1. Real Estate Agent & Lawyer.
2. Fees when selling.
3. Taxes when selling.

Charges Taxes & Expenses for Property

1. Service Charges in Communities.
2. Annual Real Estate Tax. ( IBI )
3. Rubbish Collection Tax.
4. Capital Assets Tax.
5. Property Owners’ Imputed Income Tax.
6. The Tax Returns.
7. Insurance.
8. Mortgages.

Other Legal Matters

1. NIE – Identification number.
2. Open Spanish Bank Account.
3. Making a will in Spain.
4. Inheritance Tax.
5. Investment Opportunities on Spain.

 

C/Alfonso XIII, Edif. Terminal I, 2 nº5, 29640 Fuengirola, Malaga.

Tel: +34 952 58 57 21 Fax: +34 952 19 71 47

Web.: www.lawyerscostadelsol.com  E-mail.: info@navarrete.dk