The “golden card”, presented by Donald Trump, will be put up for sale in two weeks. It will allow permanent resident status to the United States before claiming American nationality for a large sum of money.
There is the green card and there will soon be the golden card to obtain permanent resident status in the United States. The difference between the two devices? The price. Tuesday February 25, Donald Trump Presented this project supposed to attract major fortunes in the United States and to strengthen the American economy. The golden card, or “Gold Card” in English, is described as “a kind of green card at a higher level of sophistication” which will be sold “about five million dollars”, said the American president. It will be available within two weeks, around mid-March.
This golden card will allow, like his little sister, to settle, to work and to invest legally in the United States without the need for visa. Except that unlike the green card, only the richest can claim it. “Rich people will arrive in this country by buying this card. They will be rich, and they will be successful and they will spend a lot of money and will pay a lot of taxes and will employ a lot of people,” said Donald Trump. But not only to benefit from the privileges of the green card, the holders of golden cards will be able to “access American citizenship,” added the White House tenant. He clarified in the process that it was not an automatic attribution of American nationality, but rather a “path to citizenship” in the long term.
The objective is displayed and it is purely economic. Donald Trump also estimated that the golden card will contribute to the professional attractiveness of the United States: “I think companies will pay to bring people”, especially people “in IT who create jobs, very high level people “. “Apple and all these companies who want people to come to work for them will be able to buy a card,” he said by encouraging large groups to resort to his future device. The President argues that the United States could benefit from the revenues of “the sale of one million of these cards, perhaps more than that”. Five of five million per card, the revenues in question could reach $ 5,000 billion, provided that the sales objectives set are held.
Russian oligarchs eligible for the golden map
If it is intended for industries, the golden card can also and above all be requested individually by people who are interested and who would have the means to afford it. Among them, several Russian oligarchs seem to obtain it even though they were sanctioned by the previous American administration due to the war in Ukraine caused by the country’s invasion by Russia. “I know some Russian oligarchs who are very good people,” said the American president before indicating that it “is possible” that the latter are eligible for the program.
Declarations which confirm the initiated rapprochement between the United States and Russia in recent weeks against the backdrop of negotiations to end the war in Ukraine. They also strengthen the change in American positioning vis-à-vis Russia between Joe Biden’s mandate and Donald Trump’s second term.
The concept of eligibility mentioned by the tenant of the White House, including for the Russian oligarchs, implies that a simple request will not be enough to obtain the golden card, but the criteria of accessibility to the latter have not specified. Will they be purely financial or other restrictions will they be taken into account? As a reminder, Donald Trump campaigned on strengthening the fight against immigration. In addition, the golden card system must “replace” the EB-5 procedure which currently allows foreign nationals to obtain a green card after making investments of a certain amount in the United States. A “means of obtaining a low -cost green card” according to Howard Lutnick, US trade minister, who will be replaced by a direct purchase of the card at a significantly higher price.