The Kingdom of Spain is a country located in Southwestern Europe, with parts of its territory in the Atlantic Ocean, the Mediterranean Sea and Africa. It is the largest country in Southern Europe and the fourth-most populous European Union member state. Spanning across the majority of the Iberian Peninsula, its territory also includes the Canary Islands in the Atlantic Ocean, the Balearic Islands in the Mediterranean Sea, and the autonomous cities of Ceuta and Melilla in Africa.
Spain golden visa program launched in the year of 2013 to encourage foreigners to invest local real estate and others. Golden visa applicants can choose six investment options. They can purchase property, government bonds, shares of local Spanish companies bank deposit investment funds etc. The minimum investment amount is 500,000 Euros.
The minimum stay will be 5 years and the golden visa holders can return the investment after living in Spain for five years and obtaining permanent residence.
You can get permanent residency in Spain by investing in the property worth 500,000 euros