"Nearly 70,000 people have signed up for President Donald Trump's "gold card" visa plan, which offers a path to legal U.S. residency to wealthy foreign investors willing to pay $5 million each."
"Commerce Secretary Howard Lutnick... launched TrumpCard.gov, the website where candidates for residency could get on a waitlist by providing their name, region where they live, and email address."
""If we sell a million [gold cards], that's $5 trillion," he mused. "If we sell 10 million, which is possible ... that's $50 trillion.""
President Donald Trump's 'gold card' visa program has garnered attention, as nearly 70,000 people expressed interest in obtaining U.S. residency by investing $5 million. Launched by Commerce Secretary Howard Lutnick, the program features a dedicated website, TrumpCard.gov, for potential applicants to join a waitlist. The initiative, which emerged from the ideas of billionaire John Paulson, aims to leverage investments to reduce the national debt. Trump believes selling a substantial number of cards could yield trillions for the government, showcasing his confidence in the program's potential appeal to affluent foreign investors.
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