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Trump unveils $5 million ‘Gold Card’ Visa for wealthy investors seeking US citizenship
[KhaamaPress] On Tuesday, U.S. President Donald Trump ...The Hero of Butler, Pennsylvania...unveiled a new proposal for a U.S. residence card, called the "Golden Card." This new scheme is aimed at wealthy foreign investors and will cost around $5 million per card. Trump introduced the concept in the Oval Office, telling news hounds that this "Golden Card" would replace the investor visa system that has been in place for the last 35 years, with a price tag of $5 million. Prob about the cost of care, feeding and the export of an illegal. Give it to the ones already here and let them find their way home. See how they do back there. According to Trump, the target group for this new program will be wealthy and successful individuals who will spend large amounts of money, pay high taxes, and create jobs. He believes the program will be highly successful. Howard Lutnick, the U.S. Secretary of Commerce, explained that the "Golden Card," which is now referred to as Trump’s "Golden Card," would replace the EB-5 visa within two weeks. This visa, introduced in 1990, was designed to attract foreign investment. The new "Golden Card" aims to prevent fraud and "nonsense" related to the EB-5 visa program, with the ultimate goal of granting U.S. citizenship. This will increase the cost for investors entering the U.S. and ensure a more secure immigration process. The Golden Card initiative could potentially change the landscape of foreign investment in the U.S. However, there's more than one way to stuff a chicken... it still requires approval from Congress regarding citizenship terms. Meanwhile, ...back at the barn, Bossy's udder had begun to ache... wealthy Russians, among others, will be eligible for the program. While Trump believes the program will be successful in attracting investment, concerns about the potential for fraud and the implications of offering citizenship to wealthy individuals continue to be points of debate. Posted by: trailing wife 2025-02-27 |
| http://www.rantburg.com/poparticle.php?ID=743037 |