
NIE Numbers
The NIE (Número de Identificación de Extranjero) is your essential identification number for all legal, financial, and administrative activities in Spain.
What You Need an NIE For:
- Opening a Spanish bank account
- Buying or renting property
- Purchasing a vehicle
- Starting a business
- Signing employment contracts
- Paying taxes in Spain
- Connecting utilities (electricity, water, internet)
- Getting a Spanish phone contract
The Process:
Gather Documents
Passport, completed EX-15 form, proof of reason (property contract, job offer, etc.)
Book Appointment
Schedule via the Spanish police website or through our assistance
Pay Fee
€12 government fee (Modelo 790)
Attend Appointment
Submit documents at the police station
Receive NIE
Usually issued same day or within 2-4 weeks
Beckham Law
Named after footballer David Beckham, this special tax regime allows qualifying expats to pay a flat 24% income tax rate instead of progressive rates up to 47%.
24%
Flat Tax Rate
6
Years Duration
€600k
Income Threshold
Eligibility Requirements:
- Not been a Spanish tax resident in the last 5 years
- Moving to Spain for employment or as a company director
- Work performed mainly in Spain (at least 85%)
- Income from Spanish source or Spanish company
- Apply within 6 months of becoming tax resident
2026 Updates:
- Extended to digital nomads and remote workers
- Now includes entrepreneurs and startup founders
- Wealth tax exemption on foreign assets
- No requirement to report foreign assets (Modelo 720)
- Simplified application process
Buying Property
A step-by-step guide to purchasing your dream property in Mallorca, from initial search to key handover.
- 1
Get Your NIE
Required before any property transaction. We can assist with the application.
- 2
Open Spanish Bank Account
Needed for mortgage applications and payment transfers.
- 3
Find Your Property
Work with our Balearic Blue real estate team to find the perfect property.
- 4
Make an Offer
Negotiate price and terms. We'll help you understand market values.
- 5
Sign Reservation Contract
Secure the property with a deposit (typically €3,000-10,000).
- 6
Due Diligence
Lawyer checks property registry, debts, planning permissions, community rules.
- 7
Sign Private Contract
Pay 10% deposit. Property is now reserved exclusively for you.
- 8
Complete at Notary
Sign the escritura (deed), pay remaining balance, receive keys.
8-11%
Transfer Tax (ITP)
1-2%
Notary & Registry
1-2%
Legal Fees
10-15%
Total Additional

