US President Donald Trump has announced the start of the Golden Sale Program for permanent residence that will cost $ 5 million each. He reported this on February 25 during a meeting with journalists in the White House. The event was broadcast by Fox News.
According to Trump, the program provides for a residence permit (analogue of "Green Card") to wealthy investors who will invest significant funds in the US economy.
“We will sell 'the gold card'. There is a 'green card' and this is 'gold card'. The price of this card will be set at about $ 5 million, ” the American leader explained.
Trump believes that this initiative will promote capital inflow into the country and allow you to attract wealthy foreigners who are interested in life and business in the United States.
The President confirmed that the owners of such certificates will be able to obtain American citizenship. However, he did not specify how the process of naturalization will look like for participants in the new program.
Similar investor visa schemes are operating in many countries, including the United Kingdom, Canada, Portugal and Greece. However, some of them were subsequently abolished due to fears of money laundering and corruption.
The Golden Card Program can be an additional source of funding for the United States, especially against the background of economic challenges faced by the country. At the same time, it can cause public resonance: critics already compare it with "buying American citizenship".
Discussions on the new initiative can strengthen political confrontation in the United States, as Democrats traditionally oppose such schemes that give priority to rich foreigners instead of ordinary immigrants.