Donald Trump
America Gold Card Scheme: US President Donald Trump has announced a new ‘Gold Card’ scheme. Under this scheme, migrants can achieve this special card by paying US $ 5 million (more than 43 crore Indian rupees). This Gold Card is a premium version of the green card and will lead to the convenience of acquiring American citizenship.
What did Trump say about the gold card?
Signing executive orders with Commerce Secretary Howard Lutnik at the Oval Office, Trump said, ‘We are going to sell a gold card. You have a green card, this is a gold card. We will keep the price of this card around 5 million dollars and it will give you some more benefits along with the facilities of Green Card. He further explained that the scheme will start in two weeks.
EB-5 program will end
Lutnik has said that the new ‘Gold Card’ initiative may replace the existing EB-5 program, which allows immigrant investors to get a green card by investing in American businesses. He said that money for ‘gold card’ can go directly to the government. We are going to end the EB-5 program. We are going to replace it with a gold card.
How will the program apply?
Trump also said that rich people will buy this card and come to our country. They will be rich and successful, they will spend a lot of money and pay tax and will give employment to many people. The details regarding how the program will be implemented at the moment has not yet been fully revealed.
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