Do you not have the opportunity to be present at the time of signing the contract with a notary? Will there be special training for the person who will sign the document instead of you? This case can be assigned to a lawyer. In such a situation, you will need to issue a power of attorney. In Spain, a power of attorney is called a Poder.
A power of attorney is an extremely important document that gives permission to another person for certain actions. In financial terms, the role of powers of attorney is also very large. During the registration of a power of attorney for the purchase of real estate in Spain, you need to make sure that all the people who will purchase property for you will be included in the power of attorney. Our lawyers work all over Spain. Barcelona, Valencia, Alicante, Torrevieja, Madrid and Marbella. Just call us and we will organize the whole process correctly.
For the most part, banks insist on the implementation of life insurance. It is better to do this in advance, because insurance registration may well increase the duration of signing all documents. In this case, our lawyers can go through all the necessary procedures in the bank for you.
Most likely, bank employees will insist that you open an account with their bank. According to legislative directives, it is impossible to open an account in Spanish banks if you cannot actually be present there. Although, such directives are often ignored, provided that the account holder can actually visit the bank in the future and sign all the necessary papers. In order for your proxy to be able to withdraw funds from your account, you will need to issue a power of attorney for him. In addition, thanks to a power of attorney, a lawyer you trust will be able to open a bank account in your name.
If the validity period of the executed power of attorney has expired, all actions with documents must be suspended until the power of attorney is renewed. Of course, it's not too convenient, but it's safer.
A power of attorney is a document that must be notarized with a wet seal. A power of attorney can also be issued abroad. Separately, it should be noted that only those powers of attorney that are translated into Spanish are valid in Spain. In addition, the power of attorney must be executed in full compliance with the Hague Convention signed on October 5, 1961. That is why it would be better if you issue a power of attorney on the territory of this country (in order to avoid any problems and misunderstandings that may well arise if the power of attorney is issued incorrectly). In addition, it would be nice if a lawyer took part in the registration of the power of attorney.