Trump to auction off citizenship via his 'gold cards' for $5m to foreigners who create jobs
Source: The Independent
President Donald Trump announced a new path to U.S. citizenship: a pricey gold card.
The U.S. is going to sell gold cards for $5 million, Trump announced in the Oval Office Tuesday.
We're going to be putting a price on that card of about $5 million and that's going to give you [permanent resident] Green Card privileges, plus it's going to be a route to citizenship, the president said. He branded it as somewhat like a Green Card, but at a higher level of sophistication.
Wealthy people will be coming into our country by buying this card, he continued. They'll be wealthy and they'll be successful and they'll be spending a lot of money and paying a lot of taxes and employing a lot of people. And we think it's going to be extremely successful and never been done before.
Secretary of Commerce Howard Lutnick clarified the Trump administration plans to terminate a somewhat similar EB-5 Immigrant Investor Program and replace it with the Trump gold card.
Read more: https://www.independent.co.uk/news/world/americas/us-politics/trump-gold-card-immigration-buy-citizenship-green-b2704646.html
Fucking what??? This is evil AF!!! Like James Bond supervillain level evil.
KarenS
(5,050 posts)Initech
(108,783 posts)Every time I think it can't get worse, it does.
riversedge
(80,810 posts)Timeflyer
(3,757 posts)Eugene
(67,101 posts)Hey MF47, if you really want to root out golden visa fraud,
you might want to start with your son-in-law Jared.
DENVERPOPS
(13,003 posts)It's a whole new grift possibility. His spawn and Jared can print up a bunch of perfect counterfeits and well them on the side.
They can run it in their spare time. set up an offshore account, tell everyone to deposit the millions, and by Fed Ex overnight they will receive the card and travel to the U.S. immediately and just show the border patrol or customs your gold card...
Ocelot II
(130,537 posts)For enough money you can buy your way into the heaven of citizenship. Fuck that "give me your tired, your poor" bullshit.
ananda
(35,145 posts)Trump is the Pardoner ( who sold indulgences).
Jimmy Carter was the Plowman.
Biden was the Knight.
The Wife of Bath was represented by strong
women -- Let the woman be the boss.
And so on.
FakeNoose
(41,634 posts)Come on Grim Reaper ... do your job quickly. He's gotta go NOW!

Lokee11
(407 posts)
Aristus
(72,187 posts)Anybody?...
LeftInTX
(34,295 posts)EB-5 Visa
Immigrant Investor Visa Program
Purpose Investment in a new commercial enterprise
Eligibility Investment of $1,050,000 or $800,000 in a Targeted Employment Area (TEA)
Expiration Conditional permanent residence valid for two years
Cost $1,050,000 or $800,000 investment
The United States EB-5 visa, employment-based fifth preference category[1] or EB-5 Immigrant Investor Visa Program was created in 1990 by the Immigration Act of 1990. It provides a method for eligible immigrant investors to become lawful permanent residentsinformally known as "green card" holdersby investing substantial capital to finance a U.S. business (known as a "new commercial enterprise"
as long as it creates at least 10 new, full-time jobs for Americans and work-authorized immigrants.[2] The EB-5 program is intended to encourage both "foreign investments and economic growth."[3] The EB-5 Immigrant Investor Visa Program is one of five employment-based (EB) preference programs in the United States.[4]: 4
https://en.wikipedia.org/wiki/EB-5_visa
Keep in mind, Trump says it is a "Trump Gold Visa", but it will not be called that. Also it likely very similar benefits as the EB-5 Visa. Essentially they become green card holders and are then eligible for US citizenship.
Aristus
(72,187 posts)I know oversight is Congress's job, but, well, here we are.
HighFired49
(494 posts)and so is writing laws. Dump has once again overstepped his authority.
RazorbackExpat
(938 posts)Preference given to rich white South Africans and Russian oligarchs
LeftInTX
(34,295 posts)Trump said on Tuesday he planned to replace an existing EB-5 immigrant investor visa program, which requires a minimum $800,000 investment, with the gold card plan that would allow U.S. citizenship to foreigners promising to invest in U.S. businesses.
Details of the new plan would be released in two weeks, he said.
"I do not believe that the current POTUS offer will have a big impact, as getting a green card in the U.S. if you meet certain criteria, is not difficult," said Bassim Haidar, a former UK non-domiciled multimillionaire told Reuters.
"Paying $5 million for a golden visa and getting taxed on your global income defeats the purpose."
Trump's plan comes at a time when the European Union is putting pressure on member states to withdraw or tighten residency-by-investment programs, which can trigger house price bubbles and bring marginal benefits to GDP, as well as increase the risks of tax evasion and corruption.
"It also requires congressional approval so Trump alone cannot decide to eliminate the current EB-5 program. EB-5 is also about investing money so eliminating it wouldn't make sense."
https://www.reuters.com/world/us/trumps-5-million-gold-card-visa-unlikely-attract-wealthy-investors-advisers-say-2025-02-26/
https://archive.ph/FPJWJ
EU has "Gold Visas", however they're like our E1-5 visas.
If Trump tries to eliminate the E1-5 visa in an EO, the courts will strike it down.
If he tries to create a "new class", once again regulations would need to be involved.
tulipsandroses
(8,251 posts)Wealthy foreigners don't usually need green cards either. So what exactly would they be purchasing?
DENVERPOPS
(13,003 posts)just look at Melania's and Musk's start here.......
Sorry, I meant Melanoma....
stillcool
(34,407 posts)or white?
IthinkThereforeIAM
(3,307 posts)... the poor white Afrikaner farmers, I guess a few got killed lately.
"Elon Musk has appeared to endorse a message about race-based emigration from his native South Africa, after President Donald Trump threatened the country over new land expropriation laws.
The string of events that led to Musks one-word endorsement of immigration by his white fellow countrymen started when South African President Cyril Ramaphosa in January signed into law a bill that could flip the script on the minority ownership of the majority of the countrys farmland. In post-apartheid South Africa, where Trumps first buddy was born in 1971, Black people remain the overwhelming land-owning minority, despite being the ethnic majority. Ramaphosas bill would allow the government to seize farmland without compensation to landowners."
https://www.yahoo.com/news/elon-musk-backs-race-based-125757533.html
sinkingfeeling
(57,835 posts)by Congress in 1990 and is in line with many other countries' investment residency programs.
P.S. I foresee a hundred Russian oligarchs coming soon.
spooky3
(38,634 posts)Hes not going to get all those nice (white) Norwegians that he said he wanted.
Ocelot II
(130,537 posts)in a country that's a lot richer than this one and doesn't have a stupid government.

HighFired49
(494 posts)I think that Dump believes that he can just write law about anything he pleases, or just say it, and our government will pay for the results. There's nothing legal or binding in his foolishness. The Congress just needs to tell him to piss off, which I think they probably will, soon.
sinkingfeeling
(57,835 posts)atreides1
(16,799 posts)Some of them are probably in on the grift!
bluescribbler
(2,521 posts)TSF is the champion grifter.
Initech
(108,783 posts)While signing more of his evil AF executive orders.
Bayard
(29,693 posts)somsai
(237 posts)Irish_Dem
(81,271 posts)Trump is selling us out piece by piece.
MLWR
(1,027 posts)Bernardo de La Paz
(60,320 posts)SunSeeker
(58,283 posts)turbinetree
(27,551 posts)JFC...................welcome to Victor Orban................ 2.0 no its 3.0..............
Aussie105
(7,920 posts)Just bring lots of money, maybe create a few jobs.
Don't care if you are a Mexican drug lord or Russian oligarch wanting to flee your country, your money buys you entry, no questions asked.
The rest of you - well, go away!
What is that country that welcomed cashed up Nazis at the end of WW2?
Initech
(108,783 posts)Figarosmom
(11,991 posts)Who would have to sue to bring it to court?
Talk about foreign criminals coming here, thats what this will attract. Countries will start sending them here. Cartels can come here for 5 mil and creating a few jobs. After all they ARE good at job creation.
Hope22
(4,746 posts)So much for the melting pot!!!
Volaris
(11,704 posts)Rich people that want to come here already have papers. .they're called PASSPORTS. and when it's time for you to leave, you can afford to go home for a week and then FLY BACK.
Christ he's a dumb numpty.
ancianita
(43,307 posts)BadgerMom
(3,417 posts)Theyre not showing off with chain saws, but the mess were in now is, at least in part, the result of decades of their money at work.
ancianita
(43,307 posts)Now that Amy Gleason (on vacation in Mexico!) was named the head administrator of DOGE doesn't change that fact. She didn't even know she'd been named! She's there to show up in court so Musk doesn't have to.
Proj 2025 has hurt a lot of Americans, but most Americans who hate the felon can be sure the federal employees and courts are beating the F out of the felon's execution of that project and its DOGE front. The felon's cabinet heads look like Koch's oligarch henchmen, and Bernie's tour is successfully getting public opinion against the whole lot of them.
BadgerMom
(3,417 posts)Charles Koch probably feels he can die happy having fulfilled his fathers hope magnificently. Old man Koch and old man Trump raised sick daddys boys.
Deuxcents
(26,917 posts)jmowreader
(53,194 posts)The program this replaces is called EB-5. Anyone who wants to use it has to pay $22,225 to the State Department in various fees and invest about $1.8 million in creating a business that'll employ at least 10 Americans. So, under $2 million to get to the point where Americans are working.
A Trump Gold Card will sell for $5 million before you get around to investing any money into creating your business. If he keeps the $1.8 million investment requirement, it'll be around $7 million to get to the point where you can hire anyone.
In short, this will DISCOURAGE investment in the United States. Doesn't this idiot think anything through?
Miami Blue
(374 posts)the nelm
(270 posts)AverageOldGuy
(3,835 posts)Wealthy people such as drug cartel chiefs, crypto scam artists, . . . ?
NotHardly
(2,705 posts)Hekate
(100,133 posts)Solly Mack
(96,943 posts)LMAO
How low can you go America?
airplaneman
(1,386 posts)Solly Mack
(96,943 posts)The whole thing is beyond preposterous .
And I fear things can go lower.
moonshinegnomie
(4,022 posts)same with musk.
if they can just make shit up to jusify it why cant everyone else.....
. (only barely)
travelingthrulife
(5,179 posts)greatauntoftriplets
(179,005 posts)Probably won't matter to drumpf. Actually, this is a stupid thing. The undocumented immigrants crossing the border don't have $5 million to give to drumpf.
Tanuki
(16,448 posts)last time around but pulled back after being accused of soliciting bribes.
https://www.nbcnews.com/news/us-news/spicer-kushner-not-involved-family-s-chinese-eb-5-visa-n756406
"A former White House ethics adviser says that a sales pitch by Jared Kushner's sister to potential Chinese investors that was centered on a controversial visa program came "very, very close to solicitation of a bribe."
"This is corruption, pure and simple," said Richard Painter, who was an attorney for President George W. Bush and is now a University of Minnesota law professor.
....
Addressing the crowds in Beijing and Shanghai at an event hosted by a Chinese immigration firm was Nicole Meyer, sister of Kushner, who is one of Trump's most trusted confidants and his son-in-law.
She name-checked Kushner, according to reporters from the Washington Post and the New York Times who attended. Trump's photo also was included in a slideshow that described him as a key decision-maker on the fate of the EB-5 program, but Kushner Companies said that was the work of the Chinese organizer.
The so-called "golden visa" program gives foreigners who invest at least $500,000 in U.S. development projects a faster track to pursue green cards for themselves and their families."...(more)
4catsmom
(667 posts)Trump's pocket, no doubt
chouchou
(3,144 posts)I went and bought myself a ticket
And I sat down in the very first row, whoa-whoa
They pulled the curtain but then when
They turned the spotlight way down low, whoa-whoa
Little Egypt came out strutting
Wearing nothing but a button and a bow, whoa-whoa
Attilatheblond
(8,878 posts)You really had me laughing at that one
FakeNoose
(41,634 posts)Why would any truly wealthy foreigners want to emigrate here, when all the cheap labor is being kicked out of the country? Wealthy people didn't get wealthy by working for themselves ... they hired cheaper labor to work for them. They want servants, maids, gardeners, maintenance people - are Americans going to do those jobs? Hell no!
Wealthy company owners want to hire cheap labor to work in their factories, and BE GRATEFUL for their menial jobs. Who's going to do that? Nobody you or I know! It's the underpaid immigrants - the ones who are leaving the US in record numbers.
Ultra-wealthy foreigners are staying out of the US because they know what's going on here. They know how bad of a leader Chump is, and they have no reason to come here and throw their lot in with the likes of him.
YoshidaYui
(45,415 posts)ASSHOLE IN THE WORLD?? I know you know who it is... wouldn't it be great to tell it to his face?
BadgerMom
(3,417 posts)One person can change the name of a body of water known for hundreds of years by another? One man can erase 80 years of diplomacy? Our Constitution was written to forbid this kind of power. The cowardly weasels in Congress have the authority to claim their own power and to stop this in the name of the people, their constituents. Cowards! Damn cowards!
waterwatcher123
(513 posts)Hekate
(100,133 posts)IbogaProject
(5,913 posts)This will be a grift his grift.
LymphocyteLover
(9,847 posts)Linda ladeewolf
(1,138 posts)More like, come on in all you rich parasites! For the princely sum of $5 million dollars you can suck even more money out of the American people. Its open season on us, folks.
oasis
(53,694 posts)of America?
Get real. Anyone with adequate finances would run like hell from the upcoming perpetual shitshow.
cstanleytech
(28,473 posts)LeftInTX
(34,295 posts)New Zealand welcomes experienced, skilled investors to contribute to the growth of New Zealand economy, via the Active Investor Plus visa.
From 1 April 2025, the updated visa requires investor applicants to:
Choose between two investment categories: Growth or Balanced, offering a broad range of investment options
Meet minimum investment amounts of: $5 million for Growth and $10 million for Balanced categories
Most EU countries have around 500,000 investment. The US already has an 800,000 investment. I don't think Trump can eliminate the current investment requirements without congress. Could he possibly create a "new class" via an EO? Regs would need to be written etc....
cstanleytech
(28,473 posts)ToxMarz
(2,930 posts)campaign contributions as qualifying investments for creating (their) jobs.
Skittles
(171,716 posts)HE'S A FUCKING CARNIVAL BARKER
Aussie105
(7,920 posts)Failed stockbroker, failed businessman.
Fled Australia rather than face the music.
Took a lot of money with him to Majorca, bought a nice villa, probably helped the local employment figures with house staff.
Australian government tried to get him back, but no luck.
I guess Trump wants to attract such people.
IthinkThereforeIAM
(3,307 posts)... came across a report of Eloon pushing for more immigration from South Africa. Well, there you have it.
https://www.yahoo.com/news/elon-musk-backs-race-based-125757533.html
Response to Initech (Original post)
Post removed
Montauk6
(9,339 posts)Passages
(4,161 posts)It is shameful that we lost twice to a con man.
mathematic
(1,610 posts)Holy shit, just because Trump says a thing doesn't mean you have to opposed to it. Trump routinely takes existing programs and ideas, slaps his dumb branding on it and declares that he solved some problem.
The actual reason to oppose this is because it raises the wealth amount of the existing EB-5 visa, which is too bad because inflation had made that number a lot less onerous.
Give us your tired, your poor, your huddled masses, and, yes, your rich chinese businessmen yearning to be free. Sometimes I get the sense here that people like immigrants for the same reason the Catholic Church likes big families: more souls to save.
wendyb-NC
(4,691 posts)Omnipresent
(7,450 posts)With slovanian escorts that look like teenagers! 👀
underpants
(196,495 posts) 

kacekwl
(9,147 posts)Wealthy don't create jobs as shown by the latest lay offs and certainly don't pay taxes.