The $ 5 million Trump Card faces legal problems in the limited market


US President Donald Trump, Trump Card with Trump Card, Miami, Florida, on April 3, 2025, Miami is holding Trump Card as Journalists talking to the United States.

Kent Nishimura | Reuters

A version of this article first appeared in the Wealth Bulletin, which is a week-long guide for a high network valuable investor and consumer in CNBC. Register To get future publications directly to your inbox.

President Donald Trump$ 5 million Mug He attracts a strong interest in the rich abroad, but according to immigration lawyers, it faces legal problems and questions related to the potential market size.

Trump, for the first immigration plan in June, called the website, called the “gold card” and then called the “Trump Card”. He asked if a short questionnaire, names, e-mail, area and trump card “self” family “or” other “or” other “or” other “or” other “or” other “or” other “or” other “or” other “or” other “or” other “or” other “or” other “or” other “.

Trading Secretary Howard Lutnick said the financial time was already signed by 70,000 people and the card would be made of true gold. In March, the potential market for cards said that 37 million. According to him, the sale of 200,000 cards decreased to $ 1 trillion and the federal debt for the treasury.

Trump card, investment or “gold” wealth market, wealthy or citizenship energizes “gold” visas another country in exchange for six digits or a seven-digit investment. According to Henley and partners, this year’s record will be managed by a record, Henley and partners, by increasing political confusion and riots. According to Henley in the UK, the tax program is expected to lose 16,500 million due to change. The UAE is expected to earn 7,500 paults in the United States.

The Trump will come to many countries, including Spain, Portuguese and Italy, including Spain, Portuguese and Italy.

Interviews with immigration lawyers, the advisers of the wealthy and political workers in the program, the Trump card is facing fundamental legal and tax barriers, he said. In addition, although it is approved, the number of buyers is expected to offer a white house and will be fired after the initial explosion of the buyer.

President Trump's $ 5 million gold card tax gap: What do you need to know here

“Every week ends there is something you put steps to perform steps.” “But in terms of the success of the day, there is still a very question mark.”

Most recent question centers. Although Lutnick is writing 70,000 access to potential sales as proof, everyone can register on the website that requires more information regardless of the net value. Immigration lawyers, family departments, bankers, wealth managers and all kinds of consultants of global wealth, they have signed the Trump Card for potential customers, he said.

“I was able to learn more if there were two registered,” said Withers Bergman LLP, who recommended Varvullu clients.

A reasonable cut, which is a reasonable cutting of $ 5 million worth $ 5 million – $ 5 million outside the United States is about 276,000 for those who want to spend $ 5 million worth $ 5 million.

Immigration lawyers said the biggest demand could come from China and the Middle East. China has been around 46,000 Ultra high-level people (of $ 30 million), Altrata, and around 19,000 in the Middle East. The Chinese government’s capital, the Chinese government, the Chinese government, said that the rims of restrictions and restrictions, Trump cards can limit the number of Chinese.

The program applauded in the concept of the concept, the demand for Trump card will be about 2,000 years.

“I think that several thousand people are possible a year,” he said.

In the country, the demand, probably the current EB-5 program, for a long time, the applicant is about $ 1 million in US visa regime, which is a way for residency and citizenship. According to 2023, China, according to 2023, Mainland prefers the EB-5 program of the EB-5 program by accounting up to two-thirds of the 3,544 EB-5 visa of the 3544 EB-5 visa. The total EB-5 applicant includes Vietnamese, India, Taiwan and South Africa to other countries in the pool.

Other gold visa consultants said they saw their interest from Mexico, Russia, Russia and Brazil. The White House covers a family or just a family of $ 5 million card and simply surrounded an individual.

Companies may appear as the main buyers of the Trump Card because they are looking for technological talents from all over the world. Trump, for example, said Apple, for example, “Many”, for example, “very” will receive. (Apple comment rejected).

As a result, the demand will all depend on the specific conditions of the Trump card causing disputes. Trump and Lutnick said the Trump card will replace EB-5 supporting the heavy lobbying and bipartisan in Congress. The EB-5 program invested in the workplace in the workplace was re-evaluated by 2027, so the need to approve any change or termination congress.

“The EB-5 program was created by Congress and only Congress can cancel it,” he said.

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The screen and vetting remains another open question. After using the US unpopular program (similar to the cousinial card), which is sanctioned after Ukrainian occupation (similar to the cousin card), has severe. It is unknown whether there is an obstacle to Chinese citizens who are not applied to the Trump management fighting on China trade. He did not explain how he planned to screen for management, terrorism, organized crime, money laundering or links for external intelligence agencies.

The biggest obstacle to the Trump Card, but includes taxes. In the world’s world-class tax tax and the income of several countries, which are one of several countries, which are one of the few countries, which are purchased by taxi taxes outside the United States, Trump card holders are given to us for tax owners, mass tax benefits for our citizens.

Trump for rich immigrants means a $ 5 million 'gold card' visa

Trump confirms Trump cardholders to be exempt from foreign income, “By buying this card” and “with a large number of taxes,” they will pay a large number of taxes because of the United States. “

Changing the tax code for Trump cardholders, according to tax experts, the congress will also require approval from the IRS. There are no legislation in other documents that apply to the great good law or change so far.

Unprecedented tax freedom can also cause gaps. For example, in another country, the rich Americans of dual citizenship refusal to the United States and restore the Trump card to the United States to exempt global income taxes.

The administration should still provide information on whether Trump cardholders are exempt from property and gift taxes – this is usually more important and more expensive than income taxes for the ultra.

“We have many questions, including various tax positions, including various tax positions, global income, property tax effects, and who has a duration of incoming a donation. This program is not applied to many high-net valuable individuals unless you really make sense in terms of long-term taxes and property. “



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