“Golden Trump Cards”. The call has begun

Not green anymore, but also... gold. Donald Trump announced the launch of the website, through which you can apply for the alleged "gold card" – a fresh kind of right of residence in the US, awarded in exchange for a minimum $1 million investment.

The U.S. president argued on social media that “golden cards” are a “direct way to citizenship” for verified and highly skilled people. In his entry on the TruthSocial platform, he argued that the “golden card” program would let American companies to hold valuable talent, and the proceeds from contributions – directed straight to the budget – could scope immense amounts.

The process by which you can get a gold card and enjoy the privileges associated with it is costly: $15,000 non-refundable fee is payable for the application itself. After a affirmative verification, the candidate must pay at least $1 million to get a "recorded time" stay, as the program page states. Companies can besides apply for “corporate gold cards” for employees, paying an additional $2 million per person.

The programme is intended to replace the existing EB-5 investment visa, based on akin principles.