Published on July 3rd, 2007
Which formalities have to be settled in order to buy a property, a real estate in Spain? Do not worry, it is rather simple. You must have four elements:
For all the remainder, the INSERT correspondent will accompany you or do the work for you, but if you do not have the “N.I.E.”…
The “N.I.E.” is absolutely essential today: no more property transaction can be achieved in Spain without this document, whose complete name is Número de identidad del extranjero (“Allien's identity number”). The “N.I.E.” is delivered either by the Policía Nacional, or by the nearest Spanish Consulate according to your place of residence out of Spain. This document is delivered for purposes of the tax identification of its holder, and your number will never change again, except if you one day acquire the Spanish nationality.
The problem is that the delivery delay of this famous “N.I.E.” turns between five and eight weeks, or even three months and more if you choose to settle this formality through the Spanish Consulate. Now, applying for a “N.I.E.” obliges you to nothing, neither to buy a property, nor to one day become a taxpayer in Spain. The formality moreover is very cheap, a few tens euros.
Thus, even if you only hypothetically might cherish the shade of the perspective to perhaps some day plan the possibility to consider the purchase of a property in Spain, do not hesitate: apply for a “N.I.E.” already. And not necessarily during your next holidays: in some places, the aliens' section of the Policía nacional is closed in August.
Should you find your dream property in Spain at a dream price, holding a “N.I.E.” will allow you a quick purchase.
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