Can I get residency in Spain if I buy a house?|The Spanish Golden Visa grants automatic residency in Spain when you purchase property for 500,000€ or more. This can be any type of property: home, commercial, land, or a combination of properties. The golden visa does not require you to be in Spain 183 days of the year.
Could you please clarify the requirements for obtaining residency in Spain through property purchase? I've heard about the Spanish Golden Visa, but I'm not entirely sure how it works. Does purchasing a property worth 500,000€ or more automatically grant residency? And does this apply to any type of property, whether it's a home, commercial space, land, or a combination? Also, does the Golden Visa have any residency requirements, like needing to be in Spain for a certain number of days per year?