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In reply to the discussion: Trump to auction off citizenship via his 'gold cards' for $5m to foreigners who create jobs [View all]LeftInTX
(34,859 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.