250,000 People Await $5M Trump Gold Card as New Investor Visa Option
Commerce Secretary Howard Lutnick emphasized on Wednesday that 250,000 people are in line for President Trump’s gold cards, pitched as a substitute for the EB5 investor visa. Speaking on Fox News Channel’s “Special Report” with Bret Baier, Lutnick showcased the program as a means to generate potentially over $1.25 trillion. “If they're willing to pay the $5 million, that's a significant influx,” he noted, suggesting it could aid in reducing national debt.
Trump’s administration announced that they were revamping the U.S. investor visa, increasing the required investment for the new “gold card” option. Lutnick assured that all applicants would be thoroughly vetted, calling them potential “great global citizens” who could contribute to the economy through entrepreneurship.
Trump promoted the initiative as a major economic boost, drawing parallels between the gold card and the green card. “This gold card will open doors for wealthy individuals, ultimately benefiting America through increased taxes and job creation,” he stated.
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