By Kelly Rissman | Independent
President Donald Trump announced a new path to U.S. citizenship: a pricey gold card.
The U.S. is going to “sell” gold cards for $5 million, Trump announced in the Oval Office Tuesday.
“We’re going to be putting a price on that card of about $5 million and that’s going to give you [permanent resident] Green Card privileges, plus it’s going to be a route to citizenship,” the president said. He branded it as “somewhat like a Green Card, but at a higher level of sophistication.”
“Wealthy people will be coming into our country by buying this card,” he continued. “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. And we think it’s going to be extremely successful and never been done before.”
“President Donald Trump, alongside U.S. Secretary of Commerce Howard Lutnick, announced a ‘Gold Card’ initiative where foreign nationals could obtain lawful permanent residency status, and ultimately a pathway to citizenship, by investing 5 million dollars in the U.S. The closest thing to the Trump ‘Gold Card’ would be the EB-5 Program, where foreign nationals who invest a minimum of $1,050, 000 in a U.S. business that creates 10 permanent U.S. based jobs can earn a lawful permanent residency for themselves, spouses, and children under 21 years of age.” -Darius Amiri, Rose Law Group Immigration Department Chairman
