05 Mar 2010 10:44 AM:

We were told by the Police Authorities that it is for the passport stamps and the VISAs.

Forum thread: INFORMATION NEEDED FOR NIE

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04 Mar 2010 11:32 AM:

Hi BigAl,

The requirements could change from one Police Station to another. At the Police Station in Cartagena if the applicant is coming in person they need the passport to be stamped by the Custom authorities at the Passport Control in the airport bearing in mind that only a few days can pass since the arrival to Spain to the application day of the NIE (that is if they arrive on 1st March and they apply for the NIE number on 25th March the stamp will not be valid) . Then the passport has to be copied: all pages, even the blank ones.

But if the application of the NIE number is made by power of attorney the POA has to be signed in the applicant's country (a Spanish power of attorney will not be valid) and the passport has to be certified by a notary (not a Spanish Notary) and appostilled by the FCO.

I hope it helps.

Forum thread: INFORMATION NEEDED FOR NIE

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03 Mar 2010 11:19 AM:

Ecosum 9.30am - 9am I gess.

Mercadona 9.15am - 9.15pm

Eroski - Dos Mares 10am - 10pm - Bars and restaurants close later at night (11.30pm - midnight)

Iceland - San Javier 9am - 8pm

I think there is a store in San Javier that opens 24h.

Community thread: supermarkets

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02 Mar 2010 11:46 PM:

When we deal with the inscription process of a property the costs have to be estimated:

- Notary's fees: they depen basically on the price of the property and number of pages. Notary's fees are stablished by the Illustrious Colleges of Notaries, however they can change from one Notary from another. Can I assume that the property was completed at the Notary's office in Torre Pacheco? Being this the case this Notary is quite expensive because on their Title Deeds they include a description of each building of your phase and the rules of the community of owners. But for example others notaries like the one in Los Alcázares do not include that information. So for a similar completion fees can be from 450€ to 800€.

- Stamp Duty - Transfer tax: usually 1% or 7% respectively of the purchae price. Please bear in mind that this tax has to be paid according to the highest amount of these: price of the property or Market Price stablished by the Tax Authorities (precio medio de mercado). Since last year for example in Murcia Region we are detecting that prices stablished by tax authorites are higher than the purchase prices.

- Land Registry's fees: depend basically on the price of the property and number of owners, but usually 450€ - 500€.

The only value that can be calculated before completion day is the Stamp Duty/Transfer Tax because before completion it can be checked by the tax advisors with the Regional Tax Office. But Notary's and Registry's fees can only be stimated because the definitive invoice for Notary's fees is issued a few days after completion takes place and Land Registry's will be known once the property is inscribed (1 - 2 months after completion day).

Community thread: Completion costs..??

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02 Mar 2010 11:28 PM:

Hi everyone,

Yes, only their offices in Torrevieja are open: Monday - Friday from 9am to 2pm. Only one person is working there and all the files were transferred to the offices in Torrevieja. It is very advisable that you make an appointment first before going there so your file can be organized to be collected.

If you bought/completed your property last year we recommend you to authorize your new solicitor to do it on your behalf. We are detecting two problems:

- the worst and difficult cases: properties that were completed but taxes were not paid and properties have not been inscribed with the Land Registry yet. That means once the owners pay their taxes (stamp duty or transfer tax) they could be charged some delay interest by the Tax Authorities for not paying the taxes on schedule and the properties still appear on on the vendors' name with the corresponding Land Registry. These clients already paid  a provision of funds to Aldea that cannot be inmediately recovered because the accounts are blocked, so the clients have to pay again a provision of funds to the new lawyers for paying taxes and registering the properties.

- other cases: properties completed, taxes paid on schedule and properties inscribed with the Land Registry. But the Deeds were not collected from the Registries and Registries' fees were not paid. Our main concerned for these clients is that the Registry's fees can be paid but they will not be allowed to collect their Deeds, that is only the company that made the initial presentation is allowed to collect the Deeds.... Aldea Advisors.

Can the funds be recovered from Aldea Advisors? Yes, if you are registered as a creditor. But the funds will not be automatically recovered. It will take some time for the Insolvency Practitioners to finish all the insolvency process.

Community thread: ALDEA ADVISORS

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