Question 1

What is a NIE and do I need one?

Accepted Answer

The NIE (Número de Identificación de Extranjero) is the Spanish tax identification number for foreigners. You need it for almost everything in Spain: buying property, opening a bank account, signing a rental contract, registering a vehicle, or starting a business. It is not the same as residency.

Question 2

How long does it take to get a NIE in Spain?

Accepted Answer

The appointment for a NIE can take anywhere from 1 day to several weeks depending on the province and current demand. With our service we obtain appointments quickly and ensure your paperwork is correct to avoid rejections and delays.

Question 3

Can I buy property in Spain as a non-resident?

Accepted Answer

Yes. Non-residents can buy property in Spain with a NIE. You will also need a Spanish bank account and, in some cases, power of attorney if you cannot be present in person. We coordinate the full purchase process from due diligence to signing at the notary.

Question 4

Do I need to pay tax in Spain if I own property but don't live there?

Accepted Answer

Yes. Non-resident property owners in Spain must file the IRNR (Impuesto sobre la Renta de No Residentes) annually. The amount is calculated based on the cadastral value of the property even if it is not rented out. Failure to file can result in penalties.

Question 5

What is the difference between an EU and non-EU trademark?

Accepted Answer

An OEPM trademark protects your brand in Spain only. An EUIPO trademark (EU trademark) protects it across all 27 EU member states with a single application. If you plan to operate in multiple EU countries, the EUIPO route is more cost-effective.

Question 6

Do I need to be physically present for all procedures?

Accepted Answer

Not necessarily. Many procedures can be handled remotely through power of attorney (poder notarial), which allows us or a designated professional to act on your behalf in Spain. We advise you on the best approach for each specific case.

Question 7

Are you lawyers? What acts can you perform?

Accepted Answer

Costa Expat provides document preparation, coordination and legal support services. We collaborate with registered lawyers and gestors for reserved legal acts. Acts reserved to lawyers or gestors are performed by or under the supervision of qualified professionals.

Question 8

What costs should I expect when buying property in Spain as a foreigner?

Accepted Answer

On top of the purchase price, expect: transfer tax (ITP) of 7–10% depending on the region, notary fees (0.1–0.5%), property registry fees (0.1–0.25%), and our coordination/legal review fee. New builds have VAT (10%) instead of ITP. We provide a full cost estimate before you commit.

Question 9

What is due diligence for a Spanish property purchase?

Accepted Answer

Due diligence means verifying that the property is free of debts, encumbrances, undisclosed charges, or legal issues before you sign anything. We check the Nota Simple, planning certificates, community fees, and utility status to protect your investment.

Question 10

What happens to my property if I die as a non-resident in Spain?

Accepted Answer

Spanish inheritance law applies to property located in Spain regardless of your nationality. Non-residents can be subject to inheritance tax (ISD) even from abroad. Proper planning and knowing the applicable double-taxation treaties can significantly reduce the tax burden for your heirs.

Question 11

Can a foreigner set up a company in Spain?

Accepted Answer

Yes. EU and non-EU citizens can form a Spanish company (SL or SA). The minimum share capital for an SL is €1 (reformed in 2023 from €3,000). You will need a NIE, a Spanish bank account, and a notary appointment for the deed of incorporation.

Question 12

What is an autónomo in Spain?

Accepted Answer

An autónomo is a self-employed person registered with the Spanish social security system. It is the most common structure for freelancers, consultants and small business owners. Monthly social security contributions start at around €200 (flat-rate for the first two years under the current system).

Preguntas frecuentes

General

Inmobiliario

Empresa y autónomos