On the 1st of January this year, the new regulations on the new reference value for urban real estate came into force. On 22nd December last year, the Official State Gazette (BOE) published an announcement from the General Directorate of Cadastre on the elements required to determine the reference values of …
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All foreigners who buy a house in Spain or want to open a bank account must first obtain their NIE, which is composed of a letter, 7 numbers and a verification code. This number must appear, for example, in the deed of sale of properties that foreigners acquire in Spain.