Trump says US will sell $5 million ‘gold card’ to wealthy foreigners
Posted by ringopendragon
Trump says US will sell $5 million ‘gold card’ to wealthy foreigners
Posted by ringopendragon
3 Comments
SS: President Donald Trump said on Tuesday the US would sell a “gold card” to wealthy foreigners, giving them the right to live and work in the US and offering a path to citizenship in exchange for a $5 million fee.
“We’re going to be selling a gold card,” Trump said from the Oval Office. “You have a green card. This is a gold card. 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, plus it’s going to be a route to citizenship. And wealthy people will be coming into our country by buying this card.”
Trump said the sale of the cards will begin in about two weeks and suggested millions of such cards could be sold.
Asked whether he would consider selling the cards to Russian oligarchs, Trump responded: **“Yeah, possibly. I know some Russian oligarchs that are very nice people.”**
Trump said on Tuesday he planned to replace an existing EB-5 immigrant investor visa program, which requires a minimum $800,000 investment in the U.S. job creation with the gold card plan that would allow U.S. citizenship to foreigners.
I’m from the future this, believe it or not; turns out to be a *bad* decision.
He says it’ll bring in tax revenue for the US. People with this much money don’t pay tax.