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President Donald Trump said he is starting a program which would offer residency and a path to citizenship for investors who commit at least $5 million to projects in the US.
Trump said the program, dubbed the “gold card,” would launch in two weeks, adding that he did not believe his administration needed to secure approval from Congress.
“We’re going to be selling a gold card,” Trump said Tuesday in the Oval Office as he signed executive orders alongside Commerce Secretary Howard Lutnick.
“We’re going to be putting a price on that card of about $5 million, and that’s going to give you green card privileges,” he added, referencing the permits currently issued to US permanent residents.
Five million is hilariously cheap for a golden visa program to a country like America and Maga, if they took their heads out of their assess, should be insulted.
Someone needs to run ads on how Trump will let Kim Jong Il be your neighbor if he coughs up 5 million.
Already how the system works
That’s a lot to Un Pak.
I think I get it now, but for a while my mind was bouncing around like Pyongyang.
It replaces the current “create 10 jobs” visa. https://en.wikipedia.org/wiki/EB-5_visa
They decided to sunset the ‘job creators’ meme, the pretense is no longer needed and it’s less funny since they started creating the ‘pee in a bottle or get fired’ jobs.