President Donald Trump revealed a new “gold card” visa worth $ 5 million to manage it, adding that the VIP ticket to the United States will be available within two weeks.
In February, the Republican announced his plans to start selling visas to foreigners who want to move to America and create job opportunities, which he called “Green-Cardges-Plus”.
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I have been dealing with reporters Abord Air Force One: “For $ 5 million, this may be for you.
“This was the first of the cards. You know what is that card?
“It is the gold card – the Trump card.”
Trump claimed that he was the first bomb card buyer, but he was not sure who was the second buyer.
He added that the card will be “less than two weeks, perhaps.”
Trade Minister Howard Lootnick submitted the claim last month that more than 1,000 gold cards had been sold.
He also said that more than 37 million people worldwide have a way to buy one.
EB-5 gives investors the opportunity to apply for a permanent residence in the United States if they “invest the necessary investment in a commercial institution in the United States” and intends to create or maintain 10 full-time permanent jobs.
Lutnick described the EB-5 program as “full of innocence, fraud and fraud,” adding, “It was a way to get a green card that was low in price.”
He said that once it is examined, gold cards can “invest in America and we can use this money to reduce our deficit.”
The president expected that the gold card will attract “very high -level persons” who contribute to creating job opportunities.
With these cards, “You are getting the senior taxpayers and adult job producers, and we will be able to sell a million of these cards, perhaps more than that,” Trump said.
The United States is currently providing a set of visas for foreigners who want to live and work in the country, each with a set of requirements and restrictions.
For those looking for long -term accommodation, the process of ordering the green card can be strict and take a long time, and often take years.
However, it is not clear how long it will take a “gold card” to get additional measures – unlike the financial – you will be needed to qualify.
The EB -5 visa program was created by Congress in the 1990s – but with the requirements of the different threshold compared to today.
In reference to the National debt 36.5 trillion dollars, Lutnick explained previously: “There is a line for EB-5 from 250,000 now.
“200,000 of these golden green cards [at $5 million] It is $ 1 trillion to pay our debts. “
How does the US visa system work?
The United States is currently providing a set of visas for foreigners who want to live and work in the country, each with a set of requirements and restrictions.
Widely, visas are divided into two categories: non -migratory visas, which are temporary and are usually released for work, study, tourism and immigrant visas, which provide a path to permanent residence (green card).
For those looking for long -term accommodation, the process of ordering the green card can be strict and take a long time, and often take years.
Some applicants get green cards through family care, employer care, humanitarian programs such as refugees, or asylum.
Others may qualify through investment-based programs such as the EB-5 visa, which allows individuals to apply for permanent residence if they invest a large amount of money in an American company and create job opportunities.
On the other hand, non-migratory visas include work based on work, such as H-1B, for skilled workers, L-1 for corporate transport operations and O-1 for individuals with unusual capabilities.
Many of these visas have strict civil standards and annual caps, which makes them very competitive.
The complexity and length of the American immigration process means that many foreign citizens face long waiting times and important legal obstacles before securing the right to live and work in the country permanently.
Who will qualify for a gold visa?
Trump previously revealed that this path was for people “from wealth or people with great talents.”
He also announced that this program will be a way to bring investors who will build companies and provide jobs.
He did not submit specific requirements to create job opportunities, but he said that the applicants would take their examination to ensure that they are “wonderful world -class world citizens.”
Trump did not confirm whether there would be a maximum number of golden visas that were distributed, but he suggested that about a million people be sold to generate money to the government.
He added that more details will be revealed about the big money visa within two weeks.
How much will the visa cost and what people will get this money?
This new wealthy visa will put about $ 5 million per request.
The program will not grant buyers immediately.
It will be beneficiaries of the US population visa and will have the right to work towards citizenship.
Typical green cards must spend five years in the United States before they can apply for an American passport.
It is not clear whether this schedule is different for new Trump visa holders.
Did the United States previously have a similar visa?
EB-5 visas are open to foreign citizens who invest a million dollars in an American company that employ at least 10 people.
This path, which was presented in 1990, gave these Green International Rich Cards and the final road of citizenship.
The number of EB-5 visas is 10,000 consultations annually for people who “make the necessary investment in a commercial institution in the United States.”
Howard Lootnick, Minister of Commerce, explained that the Trump administration intends to end the EB-5 immigrant program and “replace it with the Trump Gold Card.”
He described the EB-5 program as “full of splendor, fraud and fraud,” adding, “It was a way to get a green card that was low in price.”
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