Pic source: The Economic Times
BREAKING: Trump Unveils $5 MILLION “Gold Card” Visa – A Game‑Changer or Outrageous Scheme?
Donald J. Trump just lit the fuse on what may be the most explosive immigration plan in recent history ― the $5 million “Gold Card” Visa. He’s calling it an elite ticket to U.S. residency – and fast-tracking it to set off seismic waves from real estate to Wall Street. Here’s why this is dominating headlines worldwide:
What is the “Gold Card”?
A new immigration-for-investment initiative (dubbed the “Trump Card”) launched via trumpcard.gov.Foreign nationals can sign up now for the waitlist to purchase U.S. permanent residency by forking over $5 million to Uncle Sam.
Marketed as “green card privileges plus”—Trump promises an all-access pass to a fast-lane route to U.S. citizenship.
Why It’s Setting Off Alarm Bells
EVERYTHING’S BIGGER: Trump claims one million sales = $5 TRILLION, enough to wipe out the national debt.
Bye-bye EB-5: This would replace the existing $800,000–$1M EB-5 investor visa, scrapping its 10-job creation requirement.
No legislative backbone yet: Can the White House legally scrap EB-5 without Congress? Most analysts say no, sparking major legal backlash.
Trump’s Brand & Global Appeal
Picture-perfect branding: The official site features a shiny golden card with Trump’s face and signature, branded with $5M swagger.Elite-level demand: Global investment notables are already buzzing. Elon Musk even shared that a “quiet trial run” is already underway.
Tax & VIP perks?: Rumors swirl that Gold Card holders may dodge U.S. taxes on foreign income—plus exclusive culinary and customs benefits.
Concerns & Flashbacks
National security nightmares: Trump hinted possible inclusion of Russian oligarchs, sparking elevated concerns from xenophobia critics and lawmakers.Copy-paste caution: Similar “golden passport” programs crashed spectacularly in Malta, Spain, UK, Cyprus—raising fears of money laundering and unregulated wealth inflow.
Election spin vs. policy substance: Critics allege the whole thing is political theater to rake in cash while cracking down on low-income migrants.
What’s Next?
1. Registration opens now on trumpcard.gov—sign up alerts are live.2. Details TBD: Vetting process? Tax implications? Congressional battles? All await clarification.
3. If approved, launch could redefine the ultra‑wealthy pipeline into the U.S.—while sending shockwaves through global immigration models.