Mortgages for Foreigners or Non-Residents
Non-Resident Mortgages
The Right Financing Even If You Live Outside Spain
What Does It Mean to Be a Non-Resident in Spain?
For banking and tax purposes, a person is considered a resident in Spain if they live in the country for more than 183 days a year or if their main center of interests is in Spain.
If you do not meet these criteria, you are considered a non-resident, and therefore, your mortgage is managed under specific conditions.
At AvalTeca, we explain these differences and design the most effective strategy to achieve your goals.
If you do not meet these criteria, you are considered a non-resident, and therefore, your mortgage is managed under specific conditions.
At AvalTeca, we explain these differences and design the most effective strategy to achieve your goals.
Required Documentation to Buy a House in Spain as a Foreigner
The Foreigner Identification Number (NIE) is essential to purchase a property in Spain and apply for financing.
Without an NIE, no bank will be able to process your mortgage.
Spanish banks require documentation that must be valid and, if applicable, translated into Spanish by a sworn translator.
The most common documents include:
Without an NIE, no bank will be able to process your mortgage.
Spanish banks require documentation that must be valid and, if applicable, translated into Spanish by a sworn translator.
The most common documents include:
Valid NIE and PassportTax Residency Certificate from the country where you live (if applicable)Proof of Income and Tax Return from your country of originEmployment Contract or Proof of Professional ActivityRecent Bank StatementsDepending on your profile, more or less documentation may be required, but at a minimum, you must provide the documents listed in order for us to study your case.
At AvalTeca, we help you gather and organize all this material.
At AvalTeca, we help you gather and organize all this material.
How AvalTeca Helps You Get Your MortgageAt AvalTeca, we review every detail that may influence the approval of your mortgage:
Comprehensive Management of ProceduresDirect NegotiationAdvice on Documentation and TranslationsActive and Clear CommunicationExperience in the Spanish and Balearic MarketYour opinion is the most important thing
Customer Testimonials
We were fortunate to have Jordi as our mortgage broker, and we could not be more satisfied. From the first moment he offered us a close, clear and professional treatment. He accompanied us throughout the mortgage process, resolving every doubt quickly and efficiently, and today we have been able to complete the purchase of our home thanks to his excellent work. Totally recommended!
Francisco José Copete García
A very good experience with the personalized treatment Jordi gives his clients. You quickly build trust with him, as if he were your trusted friend. Many thanks to Finance Luxe Group for helping my wife and me get the house we wanted. Highly Recomended 100%
Marc Manrique
We went to ask for information because we wanted to build our house with a mortgage. They have guided me in both the mortgage and the appraisal. Totally recommended, especially a special thanks to Jordi.
RT Abogados y Asociados
I want to thank all the advice I received to acquire my first house. From the first communication, Jordi was fully aware of every detail, resolving all my doubts and accompanying me in the process. In less than 29 days he managed my mortgage with the best possible conditions. The most important thing is that he showed me great responsibility, commitment and professionalism. Do not hesitate to consult him. People like Jordi are much needed in our society.
Alicia Franco
Thanks to their services we were able to have the mortgage at 90% with an interest rate of 2.25. Great professionalism and very attentive at all stages.
Rafa Morales Alguacil
Frequently Asked Questions (FAQs)
If this FAQ section doesn’t answer your questions, don’t hesitate to contact us.
Can I Apply for a Mortgage in Spain Without an NIE?
No, having an NIE is essential to access mortgage financing in Spain.
What is the Difference Between a Resident and a Non-Resident?
A resident is someone who lives in Spain for more than 183 days a year; all others are considered non-residents.
What Documentation Do I Need to Provide?
It depends on the country of origin, but it must always be translated into Spanish and legalized if applicable.