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Rep. Bryan Steil, R-Wis.
President Donald Trump Offered a “Gold Card” visa application on Tuesday afternoon – a potential opportunity for foreign investors to take their way American Citizenship.
The United States is currently established in 1990 and offers a similar opportunity through the EB-5 immigrant investor program managed by US Citizenship and Immigration Services (USCIS). According to the USCIS, the visa is open to investors who are planned to invest in the United States, as well as “to create a permanent investment in the US trade in the United States.”
However, Trump’s latest proposal will replace the EB-5 program, and instead, the Republican president plans to offer a “gold card” visa of the $ 5 million.
“We will sell a gold card,” Trump told reporters. “We will priced this card with about $ 5 million.”
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President Donald Trump offered the application of the “Golden Card” visa. (Andrew Harnik / Getty Images / Getty Images)
“It will give you Green card privileges, Moreover, there will be a way to (American) citizenship, and the rich people will enter our country, buying this card, “he said.
When a reporter asked if a Russian oligarch’s card was possible, Trump replied.
“Yes, perhaps” the US head responded. “Hey, I know some Russian oligarchs that are very beautiful people.”
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Trump’s latest proposal will replace the EB-5 program with a “gold card” visa of the $ 5 million melody. (Jabin Botsford / Washington Post / Getty Images)
At least one member of another member, gave support for the event. Tuesday, Secretary of Trade Secretary Howard Lutnick’in Speaking to journalists, “nonsense, makeup and fraud” accused EB-5 program.
“It was a way to get a green card for a low price,” said Lutnick. “Thus, the President said that we will graduate from the EB-5 program than to be such a ridiculous EB-5 program. We will replace it with Trump Gold card.”
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When a reporter asked if a Russian oligarch’s card was possible, Trump replied. (Anna MoneyMaker / Getty Images)
More information about the Golden Card is expected to come in a few weeks. There are similar visas of other countries: The United Kingdom offers a step 1 (investor) visa, which allows foreigners to invest in 5 to 10 million pounds.
Reuters contributed to this report.
