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Trump to Launch ‘Gold Card’ Visa Program for Wealthy Investors (www.bloomberg.com)

submitted 2 days ago by [email protected] to c/[email protected]

13 comments fedilink hide all child comments

cross-posted from: https://lemmy.ca/post/39729942

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.

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[–] [email protected] 14 points 2 days ago (3 children)

No offense but, who is wealthy and shopping for US citizenship at the moment? Are there other wealthy english-speaking nazis out there?

[–] [email protected] 27 points 2 days ago

It's a way for russians oligarchs to get back to their frozen assets.

[–] [email protected] 3 points 2 days ago

He's definitely showing his old man in this. He really just thinks this is a clever deal and will make people flock to buy their way in and get more wealthy people therefore more wealth.

Honestly New Zealand could do this and put the price at $500 million and they would absolutely get takers.

He really does think America is the greatest asset to sell and that's so worrying for anyone living in it.

[–] [email protected] 6 points 2 days ago

People who could throw down 5 million like it's pocket change? Yeah probably all of them are nazis. Most of them speak english.