The Donald Trump administration’s “Golden Card” initiative – on offer of permanent residence in the United States for $ 5 million per card – has already seen a big turning point, with 1,000 cards sold in one day, claims Trade Secretary Howard Lunno. This increase of $ 5 billion marks the first success of the program, aimed at raising $ 5 trillion by selling one million cards to wealthy investors.
The gold card, designed to replace the existing EB-5 investor visa, eliminates job creation requirements and offers a fast-paced stay. President Donald Trump believes the program will attract rich people who will strengthen the economy by spending, investing and taxation.
“There are 37 million people in the world who are capable of buying the card … The president thinks we can sell a million,” Lunnik told the “all-in podcast”, expressing confidence in the long-term success of the program. The initiative has already sparked a global interest, with Lunnik revealing: “I sold a thousand yesterday.” The program’s funds are intended to reduce the US national debt, which currently stands at $ 36.2 trillion.
To direct applications, Elon Musk is reportedly developing a dedicated software platform, which is expected to begin within two weeks. Meanwhile, Trump is considering rebranding the initiative as a “Trump Card” to improve her allure. “My people want to call Trump cards because Trump Card sells much better than the gold card,” he noted.
While the gold card program is already operational, it may still require the approval of the Congress for full implementation. However, with $ 5 billion raised for a day, Trump’s team sees him as a gearbox for US immigration and economic policy.
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