The Trump administration proposed a $5 million visa for wealthy foreigners, promising an immediate rollout. President Trump showcased a prototype and launched a website for a waiting list. However, experts believe that creating a new visa category requires an act of Congress, and the administration has not taken steps to introduce relevant legislation. The proposal contrasts with the administration's restrictive immigration policies and has drawn criticism for commodifying access to the U.S. and exhibiting a transactional nature that undermines American values.
Since February, the Trump administration has been touting a $5 million visa to wealthy foreigners to get into the United States with lofty promises of an immediate rollout.
Critics have argued that the proposal would turn access to the U.S. into a commodity for sale and reflects a transactional approach to immigration out of step with American values.
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