Trump says US will sell $5M ‘gold cards’ to foreigners: ‘Green card privileges-plus’

[essentialsaltes]

Amazing that they would spend so much just for the opportunity to mow my lawn. America is truly the greatest.

President Trump announced Tuesday that the US government will soon begin selling $5 million “gold cards” that convey both green-card residency status and a path to American citizenship to foreigners — predicting 1 million cards will be sold and saying the initiative could quickly pay down the national debt.

“They’ll be wealthy and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people.”

Trump said that he believed everyone from Russian oligarchs to Indian tech entrepreneurs would pay for the cards.

“Apple and all these companies that want to get people to be working for them will be able to buy a card, and for the people that are number one in their class at top schools, I see that as one of the things,” Trump said.

Maybe Vivek Ramanswamy still has a shot at a Cabinet post in a new Department of Mediocre "Native American" Affairs. Creating government schools to re-educate them out of their failed culture

 

[durangodawood]

Sounds like an open invitation to the worlds corrupt to come here and sow corruption. Oligarchs? Saudi "princes"?

I prefer regular people who have an actual hard work ethic and decent values.

 

[High Fidelity]

This seems wholly unnecessary.

I am almost certain a visa like this exists for people that intend to settle in the US to invest in existing businesses or start their own, with commitments of a specific amount of capital.

 

[DaisyDay]

I thought we already had something like that. If you invest a million dollars into a US business, you get to come here.

 

[essentialsaltes]

“Rather than having this sort of ridiculous EB-5 program, we’re going to end the EB-5 program. We’re going to replace it with the Trump Gold Card, which is really a green card,” Lutnick said.

As I understand it, the ridiculous EB-5 involved investing in a private business, so that money would go to creating at least 10 jobs for mediocre Americans; whereas this new replacement would be a payment to the Treasury.

 

[seeking.IAM]

This is so offensive to the myriad of immigrants waiting years for a mere chance of a green card. Buy your way in is the new American way - a country by the rich, for the rich, and of the rich. God help us all.

 

[essentialsaltes]

This is so offensive to the myriad of immigrants waiting years for a mere chance of a green card. Buy your way in is the new American way - a country by the rich, for the rich, and of the rich. God help us all.

Agreed. People on both sides want illegal aliens to go to the back of the line when applying for citizenship/residency. But if you're a member of the elite or literally a Russian oligarch, there's a new way to skip the line.

 

[jacks]

Many countries allow immigration based on income. This isn't some strange new idea.

 

[RDKirk]

One of the three principles of classical fascism is Irrationalism.
Irrationaism is the principle by which the nation of true citizens accept and rationalize every action or statement of the Inspired Leader.

 

[Richard T]

Amazing that they would spend so much just for the opportunity to mow my lawn. America is truly the greatest.

President Trump announced Tuesday that the US government will soon begin selling $5 million “gold cards” that convey both green-card residency status and a path to American citizenship to foreigners — predicting 1 million cards will be sold and saying the initiative could quickly pay down the national debt.

“They’ll be wealthy and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people.”

Trump said that he believed everyone from Russian oligarchs to Indian tech entrepreneurs would pay for the cards.

“Apple and all these companies that want to get people to be working for them will be able to buy a card, and for the people that are number one in their class at top schools, I see that as one of the things,” Trump said.

Maybe Vivek Ramanswamy still has a shot at a Cabinet post in a new Department of Mediocre "Native American" Affairs. Creating government schools to re-educate them out of their failed culture

View attachment 361721

There already is an immigration program E-B5. So why buy a 5 million dollar visa when you can just invest a million or more and keep the 5 million? Good for some billionaires I guess except if they become citizens they are sure to pay taxes on their foreign income. "Permanent residency through immigration based on business and investments can be obtained through the EB-5 visa. This visa allows foreign nationals to become permanent residents by investing at least $900,000 in a new commercial enterprise that creates or preserves 10 full-time jobs for qualifying U.S. workers. The investment must be made in a “targeted employment area” (an area of high unemployment or rural area) and must be maintained for at least two years before the applicant can obtain permanent residency." Immigration Options for Business Owners and Investors – USCIS Guide

 

[ozso]

Either they'll sell or they won't. It's not like it cost a lot to produce them. There's certainly no reason to get upset over them.

 

[ozso]

This is so offensive to the myriad of immigrants waiting years for a mere chance of a green card. Buy your way in is the new American way - a country by the rich, for the rich, and of the rich. God help us all.

Would the US being a country by the needy, for the needy, and of the needy be better?

 

[NxNW]

U.S. Offers PlatinumPlus Preferred Citizenship

 

[Landon Caeli]

One of the three principles of classical fascism is Irrationalism.
Irrationaism is the principle by which the nation of true citizens accept and rationalize every action or statement of the Inspired Leader.

He's a brother. We have the same mind is all.

The globalists and the left have never understood our kind - at least not in the past 80 years.

 

[SimplyMe]

I'm sure a million people who are billionaires, coming into the country, will have no affect on our skyrocketing housing prices. [/sarcasm]

 

[ozso]

One of the three principles of classical fascism is Irrationalism.
Irrationaism is the principle by which the nation of true citizens accept and rationalize every action or statement of the Inspired Leader.

Probably in most cases it's more a matter of simply not going along with hype and sensationalism.

 

[Pommer]

Who wouldn’t want to “invest” $5M into a country that doesn’t even bother itself with making sure that all people are covered by a healthcare system that is free at the point of service?

 

[Hans Blaster]

“Rather than having this sort of ridiculous EB-5 program, we’re going to end the EB-5 program. We’re going to replace it with the Trump Gold Card, which is really a green card,” Lutnick said.

As I understand it, the ridiculous EB-5 involved investing in a private business, so that money would go to creating at least 10 jobs for mediocre Americans; whereas this new replacement would be a payment to the Treasury.

Then the funds can be used to offset tax cuts for billionaires. Trump must have *finally* figured out (after 87 explanations) that tariff won't do the trick.

 

[Fantine]

Jared Kushner offered green cards to Chinese millionaires who invested in his interestingly named 666 Fifth Avenue years ago.
All I have to say is that terrorists can be wealthy, too, and more dangerous because of their means.
They must go through the same vetting a Syrian refugee does--perhaps more.

 

[rambot]

Many countries allow immigration based on income. This isn't some strange new idea.

apples to electron microscopes.