Trump Proposes $5 Million ‘Gold Card’ for U.S. Citizenship! 💳✨
Hey everyone! Have you heard about President Trump’s new idea? He’s thinking about a special “Gold Card” that could let people become U.S. citizens! 🗽
Here’s how it works:
- What is the ‘Gold Card’? 📜
Instead of the old EB-5 visa program, which let people from other countries invest money to live in the U.S., President Trump wants to create a “Gold Card.” If someone pays $5 million, they could get this card, which gives them the right to live and work in the United States, and even become a citizen one day! - Why a ‘Gold Card’? 💰
President Trump believes the old program was not good enough. He said it was “full of nonsense and fraud.” So, he thinks the new Gold Card will be better and bring more wealthy people to the U.S. - Who Can Get It? 🌎
People from all over the world could buy this Gold Card. When asked if rich people from Russia could get it, Trump said, “Yeah, possibly. Hey, I know some Russian oligarchs that are very nice people.” So, anyone with $5 million might be able to apply! - What’s Next? ⏭️
The details are still being worked out. President Trump said more information will come in about two weeks. Stay tuned! 📺
What Was the EB-5 Program? 🤔
In case you’re wondering, the EB-5 Immigrant Investor Program was created in 1990. It allowed people from other countries to invest money in U.S. businesses that create jobs. In return, they could get a “green card,” which lets them live and work in the U.S.
But now, the President wants to replace it with the Gold Card. Commerce Secretary Howard Lutnick said the EB-5 program was “ridiculous” and that the new Gold Card would be much better.
What Do You Think? 🧐
Do you think the Gold Card is a good idea? Should people be able to buy their way into citizenship? Share your thoughts!
Reference(s):
Trump floats $5 million 'gold card' as a route to U.S. citizenship
cgtn.com
