President Donald Trump said he is starting a program which would offer residency and a path to citizenship for investors who commit at least $5 million to projects in the US.
Trump said the program, dubbed the “gold card,” would launch in two weeks, adding that he did not believe his administration needed to secure approval from Congress.
“We’re going to be selling a gold card,” Trump said Tuesday in the Oval Office as he signed executive orders alongside Commerce Secretary Howard Lutnick.
“We’re going to be putting a price on that card of about $5 million, and that’s going to give you green card privileges,” he added, referencing the permits currently issued to US permanent residents.
Nobody should be able to just buy their way, but I’ll give you some food for thought. When I was a graduate student, I knew someone who had the option to buy citizenship for about 40k via marriage visa. That’s it, 40k, though a Chinese broker. Granted this was close to 10 years ago, but if you know the right people, it’s been an option, tricky though it may be.
The system is fucked, but it was fucked before Trump. That’s the whole reason we need a legit pathway to citizenship. But no, fucking gold card. Ugh.