WASHINGTON – President Trump announced Tuesday that the US government will soon begin selling a $5 million “gold card” that will tell foreigners about their green card residency status and the path to American citizenship. Repay national debt.
“It's like a green card, but it's a higher level of refinement. It's the path to citizenship for people, essentially people of wealth and people of great talent,” Trump said. said in the oval office.
“We're going to put a price on that card that costs around $5 million. It gives you the privilege of a green card,” the president added when he deployed the plan to a group of journalists.
“They are wealthy, they will be successful, they will spend a lot of money, pay a lot of taxes and hire a lot of people.”
Trump argued that the initiative will be approved by administrative lawyers and will begin in about two weeks.
Commerce Secretary Howard Lutnick, who will be appearing with Trump, said the program could be a more successful version of the EB-5 visa initiative established by law in 1990, if it meets certain criteria. , granted green cards to certain investors.
“Instead of using this kind of ridiculous EB-5 program, we're going to end the EB-5 program. We're going to replace it with a Trump Gold card. This is really a green card,” says Lutnick.
“They could pay the US government $5 million. Of course they need to go through vetting to make sure they are great world-class, global citizens.”
Trump said he believes everyone, from Russian oligarchs to Indian tech entrepreneurs, will pay for their cards.
“All these companies that want Apple and people to work for them can buy cards. And for the number one people in the top school class, I consider it to be one of the things. ” Trump said.
“But generally speaking, it's people who create money and jobs, and they don't have to pay taxes on non-US incomes that they don't currently pay. They're not citizens, but the US, If you create jobs in it, you will have to pay full tax just like everyone else.”
“You could sell a million of these cards, one million, and if you add up the numbers, they're pretty good.”
“As an example, a million cards are worth $5 trillion,” he continued. “And if you're selling 10 million cards, you're going to have $35 trillion in debt, because it's a well worth a total of $50 trillion. That's fine, so we'll see.”
The president argued that his administration “all work from a legal standpoint, and it's completely legal.”
“It's a path to citizenship and a very strong path to citizenship, but we [granting] That's the citizenship, I need to get Congress. ”
Specifically, he was asked if Russian oligarchs who have achieved wealth in general through corruption are eligible, Trump said: “Yeah, probably. I know Russian oligarchs who are very nice people. It's there.
“That's possible. They're not as wealthy as they used to be. I think they can afford $5 million.”
