Trump’s “Golden Visa”: Millionare Technocrat Elon Musk confirmed that the “Gold Card” Visa program Donald Trump is “quietly tested” to ensure whether the system is working properly.
In response to users on the X -Social Media platform (formerly known as Twitter), Elon Musk wrote: “We are doing a quiet attempt to make sure the system is working correctly. Once it is fully tested, the public announcement will be announced to the public.
Donald Trump’s “Gold Card” Visa – what we know
In February, President Donald Trump said he was launching a program that offers investors to pay $ 5 million “stay and a journey to American citizenship”, called “Gold Card” or Gold Card Visa, according to Bloomberg report.
Donald Trump then said the program would start in two weeks without the consent of the US Congress, but immigration lawyers were skeptical. Now, months later, Elon Musk said the program is under the “silent attempt”.
The US President did not give any details of the plan and how it would be implemented. He simply said: “We will sell a gold card. We will give this card a price of about $ 5 million and it will give you the privileges of the green card.”
How would a gold visa suggested to us?
According to US Secretary of Trade Howard Lutnice, this “Golden Card” could replace the current EB-5 program, which allows foreign investors and their immediate families to acquire a certain amount in the US business and creating or maintaining at least 10 US jobs.
In an interview with reporters, Donald Trump said that proven parameters to qualify for gold cards were discussed, but the proposal is for individuals to pay the US government for citizenship and can be used to repay debt.
Regarding whether the limitation would apply to any nationality, the real estate tycoon said that the limits need not be focused on nationality, but there would still be rules on which individuals could participate in. “We want to make sure we have people who love our country and are able to love Earth,” Donald Trump added.
Trump’s Gold Visa: Good news for job applicants?
Donald Trump, who advocated the initiative, offered her as a way to keep the American Buisess students Ivy League and other top artists in the country after graduation.
“As an example, I get a call that they want to hire a student 1 at school, a person comes from India, China, Japan, a lot of different places and goes to Harvard to Wharton School of Finance, they go to Yale,” Donald Trump told reporters in February. He added that companies trying to keep talent for uncertainty about the immigration state of some students can buy their selections of a “gold card”.
“These companies can go and buy a gold card and can use it as a matter of recruiting.
What is criticism?
While Donald Trump believes the US can sell 1 million gold cards and get $ 5 trillion from this route, immigration experts have told Bloomberg that the number of people who could afford to participate in the program is much smaller.
Others expressed concern that giving super rich rapid citizenship in the US could lead to compromises in the process of review and influence security.
Bloomberg’s opinion noted that when he asked if Russian oligarchs or such could take advantage of his gold card, Donald Trump admitted, “Maybe,” he added, “Hey, I know some of the Russian oligarchs who are nice people.”
(With Bloomberg inputs)
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