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SPANISH POWER OF ATTORNEY

The Cost

The cost of drafting a Spanish power of attorney for one individual person or two people is £150.00 with no VAT needing to be added on top because Anglo-Spanish Law is not VAT registered.

In addition to drafting a power of attorney it will need to be notarised. The cost is £150.00 per person, or per married / cohabiting couple, provided the couple attend at the same signing session. It is the running of multiple signing sessions that takes the time and is to be avoided. Again, no VAT is charged because Anglo-Spanish Law is not VAT registered.

For a Spanish power of attorney to be valid for use in Spain it needs to be legalised or apostilled by the Foreign & Commonwealth Office. The Foreign & Commonwealth Office are currently charging £30.00 per document, plus £5.00 postage. In effect, the total cost for getting a Spanish power of attorney done as a stand-alone service is £335.00. For now, and until further notice, this option is currently not available. Only the £450.00 option is available at present. This is currently the only option because the normal signed for / tracked mail to Spain is subject to customs checks / delays, and, sometimes, is subject to the document being returned to the UK. In short, only sending the package to Spain by courier is currently working well.

Provided Royal Mail and others do their job competently the job can be done in something approaching one week. The actual time it takes to get the duly signed, sealed, and apostilled / legalised document to its destination in Spain is around one week, although, of course, Mr E R Wagner / Anglo-Spanish Law cannot absolutely guarantee that it will take just a week for the package to reach its destination in Spain. The cost is an additional £150.00 in fees for Anglo-Spanish Law / Mr E R Wagner and disbursements, ie the fees paid to the firm using the counter service of the Foreign & Commonwealth Office and the fees of DHL or FedEx and the fees paid to Mr E R Wagner / Anglo-Spanish Law comes to a total of £450.00 for individuals. For companies the total cost is more than just £450.00 because Spanish powers of attorney for limited companies require a lot more work than is the case for individuals.

Spanish powers of attorney for limited companies on a sale of a property in Spain is costing a total of £600.00 in fees and disbursements. On a purchase of a property in Spain a certificate of good standing needs obtaining, translating, and two apostilles affixing, plus, almost always, NIEs obtaining for the signatories, which bumps up the total cost somewhat.

Sometimes people granting a Spanish power of attorney, (donors), are housebound or otherwise unable to travel to the office of the notary public, Mr E R Wagner. Two possibilities exist: (i) Mr Wagner can travel to the donor or donors of the Spanish power of attorney. The cost is a very competitive £75.00 an hour with no VAT on top for the first hour of travel and £37.50 an hour thereafter, with no VAT on top. Alternatively, (ii) the job can be done remotely by having Mr E R Wagner liaise with another notary public based closer to where the donors of the Spanish power of attorney are. The cost is £150.00 for Mr Wagner to liaise with the local notary public and / or provide detailed instructions to the donor and / or the other notary on what needs to be done, plus the fee the local notary public will charge. What different notaries charge varies from notary public to notary public. This second procedure is only really available when the signing has to take place abroad, eg the United States of America or in some remote corner of the United Kingdom / British Isles. For the vast majority of cases the preferred procedure is for Mr Wagner to get in the car and travel to see the donor, even if in theory there might be a saving in cost / money in having another notary public do the signing. Firstly, the saving in cost is often not all that much, secondly, documents are sent back and forth by post with the risk and costs in time and money that go with that, and, thirdly, the notary doing the signing is also a source of mistakes. The more people and organisations involved, the greater the cost in time and money, and the greater the risk of mistakes creeping in.

The job of doing Spanish powers of attorney when the attesting of the donor's signature is done by Mr Wagner is done in Mr Wagner's capacity as an English notary regulated by the Faculty Office of the Archbishop of Canterbury. For more details click Home page.

Phone Mr Wagner on 01433-631508, preferably between 9.30 am and 2.00 pm Monday to Friday for written terms and conditions of business to be sent to you.

 

 

 

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