Can I settle in Spain directly after I settle in Spain?

20/kloc-in September, 2003, Spain promulgated the Investment Immigration Act, and houses with 500,000 euros in Spain can apply for Spanish immigration status. From 2065438 to July 2005, the Spanish immigration law was updated and many preferential policies were added. According to the current immigration policy, the applicant buys a property of not less than 500,000 euros in Spain and proves that he does not work in Spain and has financial resources, thus obtaining a residence permit. You can apply for permanent residence in Spain after five years and enjoy national treatment. You can apply for Spanish citizenship after ten years.