Donald Trump's Gold Card Visa Program
Donald Trump proposes selling gold card visas for $5 million to wealthy foreigners who want to move to America, create jobs, and become citizens. The program is aimed at attracting high-level individuals who contribute to job creation and tax revenue.
Key Points
- Replacing EB-5 Immigrant Investor Program with Trump gold card
- Aims to attract high-level individuals who contribute to job creation and tax revenue
- Potential to sell a million or more gold cards
- Intended to streamline immigration process for wealthy individuals
Pros
- Attracts wealthy individuals who can create jobs and contribute to the economy
- Potential to reduce deficit by attracting foreign investment
- Streamlines the immigration process for high-net-worth individuals
Cons
- May prioritize wealth over other factors in immigration
- Could lead to an influx of wealthy individuals without considering broader social impacts
- Unclear on additional qualifications beyond financial requirements