Source: The Patriot Light | AWK Network | VIEW ORIGINAL POST ==>
The new visa will grant green card privileges and a path to citizenship. ‘Wealthy people will be coming into our country,’ the president said.
President Donald Trump announced his administration would start selling so-called gold-card visas for $5 million each, in the next two weeks.
“That’s going to give you green card privileges, plus it’s going to be a route to citizenship, and wealthy people will be coming into our country by buying this card,” Trump said on Feb. 25.
“They’ll be wealthy, and they‘ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it’s going to be extremely successful, and never been done before anything like this.”
The president was joined by Secretary of Commerce Howard Lutnick, who explained that the gold card would be replacing the EB-5 investor visa. According to U.S. citizens and immigration services, EB-5 allows a foreign national to obtain a green card by making a high enough investment into a commercial enterprise in the United States and providing a plan to create or preserve at least 10 full-time jobs for qualified U.S. workers.
Lutnick described the…
