🔥🔥🔥Trump promotes the "golden card" for $5 million as a pathway to US citizenship!!!🔥🔥
US President Donald Trump on Tuesday proposed replacing the visa program for foreign investors with a so-called "golden card," which could be purchased for $5 million as a pathway to American citizenship.
According to "European Truth," Reuters reports this.
Trump told reporters he would replace the visa program for immigrant investors "EB-5," which allows foreign investors with large sums of money, who create or maintain jobs in the US, to become permanent residents, with the so-called "golden card."
The EB-5 program provides "green cards" to foreigners who promise to invest in American businesses.
"We are going to sell the golden card," Trump said. "We are going to set the price for this card at around $5 million," he added.
"It will give you the privileges of a green card, plus it will be a pathway to (American) citizenship, and wealthy people will come to our country by purchasing this card," Trump said, adding that details about this scheme will appear in two weeks.
In response to a reporter's question about whether Russian oligarchs would be eligible for golden cards, Trump added that perhaps these people would be entitled to them. "Yes, perhaps. I know some Russian oligarchs who are very good people," he said.
The EB-5 immigrant investor program, administered by the US Citizenship and Immigration Services, was created by Congress in 1990 to "stimulate the US economy by creating jobs and capital investment by foreign investors," according to the USCIS website.
"The EB-5 program ... was full of nonsense, fabrications, and fraud, and it was a way to get a green card at a low cost. Therefore, the president said that instead of having such a ridiculous EB-5 program, we are going to end the EB-5 program. We will replace it with Trump's golden card," said Commerce Secretary Howard Lutnik to reporters on Tuesday.
It is worth noting that in Europe, the European Commission has long called for the cessation of all programs similar to the "golden card," citing security risks.