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Wealthy foreigners able to register for Trump’s $5 million ‘gold card’ visa within a week, said Lutnick

U.S. Commerce Secretary Howard Lutnick announced at a Washington, D.C. Event that wealthy foreigners will soon register for a $5 million 'gold card' visa to gain American residency.
The 'gold card' visa, introduced by President Trump in February, aims to replace the EB-5 investor visa and attract high-net-worth individuals who can help reduce the national debt.
The gold card offers benefits such as exemption from U.S. Taxes on overseas income and promises a quick residency process, with all applicants being thoroughly vetted.
Lutnick stated that nearly all non-American individuals he encounters with sufficient financial means will be interested in purchasing this card, and he mentioned that a website for registering interest is expected to launch in about a week.
If 200,000 cards sell at $5 million each, Lutnick estimates $1 trillion in revenue, which could contribute significantly to paying down the $36 trillion U.S. National debt.

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NationofChange

Left

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The Hindu

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Trump’s $5 million ‘gold card’ visa program set to launch: Here’s everything you need to know about it

Donald Trump’s newly announced ‘gold card’ visa, offering U.S. permanent residency in exchange for a $5 million investment, will officially open for applications within a week.

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