Gold Card: President Trump on Thursday showed reporters the design of his administration’s new $5 million Goldcard.

“You know what that is?” Trump asked as he held up the card. “It’s the goldcard, the Trump card.”

“For $5 million, this can be yours.”
President Trump presented reporters with a card that had his picture, signature, and the words “The Trump Card.” It was marked with the purchase price of $5 million.

What is the ‘Gold Card’ visa?

For a $5 million cost, foreign investors can get US residency under the “Gold Card” visa program. Also, it grants green card benefits.
Green Card(Permanent Resident Card): Having a green crad allows you to live and work in US permanently.

How to buy? From When?

There is no available information regarding the GoldCard purchase yet. However, trump declared that cards are likely to be available in “less than two weeks” from now.

How does it look like?

The “Gold Card” The US Visa is, just like the name suggests, golden in color and features an image of Donald Trump. It is also known as “The Trump Card,” and it makes it obvious that it is worth $5 million, or around ₹43 crore.

Why Trump introduced it?

A CLA investigation claims that the gold card was created to entice rich investors to the United States. Trump believed that the gold card would help the nation and the investors. The card is anticipated to attract wealthy people who would pay taxes, generate jobs, and boost the US economy once the $5 million fee is implemented.

It also sought to make money. The Trump administration estimated that selling 200,000 gold cards might bring in $1 trillion, which would help pay down the national debt, according to a Forbes story.

Also Read: Trump’s First Visit to Islamic Countries: A Hidden Agenda?

Share

• 
• 
• 
• 
• 
•