You can skip this step if you are a spanish national or resident in Spain having already you NIF or NIE. Otherwise, If you are a foreigner non-resident in Spain and then you haven't got a NIE, you can always get a special NIE for investors following this procedure:

What is the NIE?

The NIE starts with a letter X, Y or Z, followed by 7 numbers and ending with a check digit. Furthermore, the NIE is a personal, unique and exclusive number that all foreigners, who want to invest in companies and acquire real state in Spain, must have for identification purposes. The personal number will be the foreigner’s fiscal identifier, but it does not imply any obligation with the Spanish Treasury.

How to process the NIE correctly?

To obtain the NIE, you must follow a series of steps. The first thing you need to do is prepare the following documentation:

1. Download the NIE application form Model EX-15 here.

2. Provide the original and scanned copy of your passport or identification document if you are a citizen of the European Union.

3. Provide a statement (download here) of the economic, professional, or social reasons that justify your request. In this document, you are declaring to the Spanish authorities that you have sufficient financial means to invest and the origin of these funds.

4. If someone else is submitting the application on your behalf, they must provide an attorney’s power that they have sufficient authority to make the request.

After having your documentation ready, you have three options to apply for your NIE: in person in Spain, through a representative in Spain, or in person in your country of residence.

• If the application is submitted in Spain, you must do so at one of the delegations of the Ministry of Labor, Migration, and Social Security, or at the General Directorate of Police and the Civil Guard where your address is registered.

• If you are not in Spain, you can submit the application at the Consulate or Embassy nearest to your place of residence.

Finally, once the process is completed and the NIE is requested, you will be given an identification number.

Tips to fill out the NIE Model EX-15 form

Remember that it is mandatory to fill in your personal information and the information regarding your residential address. In case someone is going to represent you to submit the documentation, you must fill in the information in “apartado 2”.

Regarding the reasons for requesting the NIE, if you are not planning to reside in Spain, you should mark the checkbox for non-resident in “apartado 4”. Additionally, you must mark the checkbox for “for economic interests” and specify that the reason is to make investments in startups.

Point (4.3) refers to the place where you will submit this documentation, which must be at an immigration office, police station, or consulate office.

Tips for fulfill the "Comunicado de solicitud del NIE para invertir":

Nombre: Name

Apellido/s: Surname

Nacionalidad: Nationality

Número Pasaporte: Passport Number

Fecha de nacimiento: Bhirtday

Ciudad de nacimiento: City of Birth

País de nacimiento: Country of Birth

Nombre del padre: Name of the father

Nombre de la madre: Name of the Mother

Estado Civil: Civil status (single etc.)

Domicilio: Domicil

Población: Province/City

Código Postal: Postal Code

Teléfono: Phone number

Email:

In the second: part you have to enter your banks account and the amount of money you have.

In the third: if you already possess any Shares please mention them in the columns

In the fourth: if you have any properties please mention them in the colums

Entidad = name of the bank

Nº de cuenta/IBAN 

Importe equivalente en Euros = equivalent amount in euro.

If you have any doubt on how to proceed on the above procedure, don't hesitate to ask for help to the email finance@proceedit.com or by fulfilling this form:  Contact us! form