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Trump Announces $5 Million "Gold Card" To "World-Class" Foreigners To Pay Down Deficit

 President Trump has proposed a new immigration program involving a "gold card" for wealthy foreign nationals. This initiative aims to provide an alternative to the existing EB-5 program by requiring a $5 million investment.

• The gold card will offer residency, work rights, and a pathway to citizenship for those who purchase it.

• Trump emphasized that this program is designed to attract job creators and skilled individuals, contrasting it with the current administration's immigration policies, which he claims lead to the entry of unvetted illegal immigrants.

• The gold card program will replace the EB-5 immigrant investor visa program, which has been criticized for its susceptibility to fraud.

• Trump believes that selling millions of these cards will generate revenue that can help reduce the nation's deficit.

• The announcement suggests that the program might be ready in a few weeks, with recipients undergoing vetting.

Through the new gold card initiative, Trump aims to reshape U. S. immigration to attract wealthy and skilled individuals, highlighting a significant difference from the current administration's policies that he deems ineffective.

https://www.zerohedge.com/political/trump-announces-5-million-gold-card-world-class-foreigners-pay-down-deficit

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