Good. As someone who HATES Illegal Immigrants and FULLY SUPPORTS sending them to Guantanamo Bay I'm Happy allowing RICH WHITE PEOPLE into the Country to Steal American Jobs and Money!
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And that’s basically it!
There's no "/s", so I'm assuming that this is a serious comment.
It will likely be foreign housing speculators, who will further drive up the housing prices of the US.
No offense but, who is wealthy and shopping for US citizenship at the moment? Are there other wealthy english-speaking nazis out there?
It's a way for russians oligarchs to get back to their frozen assets.
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.
People who could throw down 5 million like it's pocket change? Yeah probably all of them are nazis. Most of them speak english.
You do realize that many countries have this disguised as a retirement visa?
The US already has this: https://en.m.wikipedia.org/wiki/EB-5_visa . Trump is just rebranding the same thing and making it sound like it's a new idea.
And he thinks by increasing the cost by 5x, it's going to be more attractive.
The EB-5 typically gets used 5-10k/year at $1m. He wants to sell 10 million. That's how the business stable genius thinks price elasticity works
There's a whole bunch of conditions for the old visa, (eg . You need to 'create' 10 jobs, invest in certain areas, etc) which presumably wouldn't apply to this one.
So just multiply the amount of fraud compared to the existing visa by 5x as well.
So only the wealthy matter... got it.
Always been the way