The “Trump Card” is a $5 million visa that would grant foreign nationals the right to live and work permanently in the U.S.
Such a program would be similar to the existing EB-5 visa program, which the U.S. began in 1990 to encourage job creation by foreign investors. That program requires a $1.8 million investment from foreign nationals, and that they plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers.
Lutnick has said the “gold card” system would replace the EB-5 visa program. Lutnick emphasized that all applicants would receive thorough vetting, and suggested the proceeds of the program could go toward reducing the national debt.
This explains him going after white Canadians occasionally. Who gets the money? I bet it’s not the American people.
They’re not paying the government $5 million.
In order to be eligible for this (and the EB-5) you have to make an investment in the US.
The EB-5 program requires you create jobs, so typically you’ll see a wealthy foreign family buy and operate a small established business with a staff. However, this requires that the visa holder is capable of actually operating a business.
The “Trump Card” raises the investment amount to $5 million but drops the employee requirement. That way, if you’re really rich, you can just deposit $5 million into some Wall Street fund and get a US Visa. This isn’t about Trump trying to earn money, it’s him “fixing” a program that bothers his class of people around the world.
The EB-5 program was created to stimulate local jobs and create jobs around the country. Trump’s program doesn’t care about creating jobs or investments in local communities, its just a Fast Pass for the US theme park.
What do you wanna bet that trump coins are a valid “investment” to get the visa. There is no way that he doesn’t think those visas are his to give and his to get money from.
