President Trump announced the Trump Gold Card. The Trump Gold Card is a program that allows people to purchase legal immigration status in the United States. Unlike the EB-5 program, which required that the applicant invest one million dollars into a business in that would create a specific number of jobs over a specific period of years and that incentivizes investment in low income areas that need jobs, this is just a one-time payment.
How does this new program target individuals who will substantially benefit the United States? Well, individuals who pay $1,000,000.00 USD will have proven their value to the country by the very act of making that payment.
It’s not at all clear how this new policy can be reconciled with Trump’s “America First” policy promise. The Trump Gold Card is putting foreigners with money to spend ahead of US citizens who are seeking to bring family to the US. There is also nothing mentioned about how they intend to vet the money to ensure that people are not purchasing permanent residency using income gained from criminal activity . The EB-5 program has an entire com