Spanish Power Of Attorney With Consideration
Description
How to fill out Illinois Declaracion Testamentaria En Vida?
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FAQ
A UK Lasting Power of Attorney is highly unlikely to be recognised in Spain on its own, without further process. However, there are steps that you can take to get the LPA validated by the Spanish authorities to enable the LPA to be recognised in Spain and therefore the attorney to deal with the donor's Spanish assets.
Tips. A POA executed abroad can be used in the United States as long as it's recognized as valid and abides with relevant state laws. The principal must sign the POA at a "notarization appointment" at a local United States embassy or consulate.
To arrange a power of attorney, you visit a notary's office, show your NIE (identification number in Spain) and pay an administrative fee (the Poder de pleitos or poder general). The cost is usually between 25 and 50 euros. You can cancel a power of attorney at any notary office in Spain.
In Spain: If you are able to travel to Spain, you can grant a POA before a Spanish Notary Public. The document will be written in Spanish so if you are not fluent yourself you will need someone to translate it for you. To grant a POA in Spain it is usually the fastest and cheapest option.
It is important to say that the Power of Attorney will not be valid in Spain without the Apostille from the Hague (Convention of 5 October 1961). More information about The Hague Apostille through this link. It is also possible to grant the Power of Attorney at the Spanish Embassy or Consulates.
