POWER OF ATTORNEY – APOSTILLE
IT CAN SAVE YOU CONSIDERABLE TIME AND MONEY
How to apostille a power of attorney?
What is a power of attorney?
How to get an apostille, also known as power of attorney?
What is a power of attorney?
A POA is a legal document that allows you to appoint another person to act on your behalf. This is commonly used by people that need someone to represent them in legal matters abroad.
For example, if you are buying or selling a house, property, boat or car in another country, you can appoint a lawyer, notary or trusted person, to represent you. This means they can act according to your wishes, without you having to visit the country to sign needed documents or attend meetings.
Listed below are the advantages of the power of attorney with apostille.
1- Saves a lot of travel time and organization,
2- You can spend your time gained on your business or work,
3- You save your extra Fridays to spend later during the move,
4- Saves thousands of euros in travel costs,
5- Saves a lot of accommodation costs,
6- For those who do not speak Italian, save between € 1,200 and € 3,000 in sworn translation costs when signing title deed. Due to the trusted person speaking fluent Italian.
How to legalise a power of attorney – step by step:
One of the essential points of a power of attorney is the signing of the document. It must be signed by the person issuing power to someone else, and the signing of the document must be ‘witnessed’ by a legal person like a notary or lawyer.
1- The notary in Italy will draft a power of attorney on behalf of the buyer in the name of the attorney. The costs for compiling the power of attorney document differ per contract, but on average € 150.00 plus VAT.
2- The trustee must be a person residing in Italy who is fluent in the Italian Language. This person may be nominated by the buyer. If not, a trustworthy person will be appointed by the notary or broker to act on behalf of the buyer. Of course, the process will take place in consultation and according to the wishes of the client. Keep in mind that sometimes the buyer also has to pay for the trustee. The costs are different, between € 150 and € 250 plus VAT.
3- The power of attorney will be sent to the client by email or registered post.
4- Visit the notary or solicitor and get them to witness you signing the document. You sign the document and then they sign adding the statement ‘witnessed by’ or ‘signed in my presence’. They must date the document, sign in their own name and, if applicable, add their notary stamp. The costs of the notary vary per country, between the € 25 – € 75.
5- If your country also requires a translation into your own language, you will need to hire a certified translator to translate the document. The costs of the translator vary per country, between the € 75 – € 150.
6- Then, with the power of attorney document, after authorization at the notary, the client must take this to a court to have the document provided with an apostille at the court. This is a stamp or sticker on the document. Your document can now be used overseas.
Costs of an apostille: To apply for an apostille, you pay between the € 20 – € 50 in registry fees. Payment options differ per court. You will receive the apostille after you have paid the court fee.
7- Then make a clear colour-scan of the documents and send them to us by email.
8- Send the original documents as soon as possible by registered mail to the notary in Italy. The transfer contract cannot be signed without the original documents.
9- The notary in Italy will take care of the translation of the documents by a recognized translator into the Italian language. The costs of the translation vary according to the number of words and language.
On average, the costs for the European languages are between € 100 and € 150 plus VAT.
10- After this, the transfer contract will be signed at the civil-law notary by the authorized representative (s).
11- The last step is, the notary will register the transfer contract with the registry office in Italy and after about 2-3 weeks the buyer or their estate agent can collect a title deed.
The information on this page is compiled with the greatest care; nevertheless, no rights may be derived from this information and optional attachments. We recommend that you check with the embassy in your country for the specifications and available information regarding your plans.