Trump: We will sell “Gold Card” for American citizenship at $ 5 million

“We’re going to sell a gold card,” Trump said in the oval room. “There are Green Card, which is a gold ticket. It has been set for $ 5 million, and it will grant the same rights of Green Card, along with a citizenship route. This will come to the state affluent people to purchase the card.” Trump noted that more details on the program will be exposed in two weeks and estimates that millions of such tickets may be sold.

Trade Secretary, Howard Lutnik, said the card will replace the visa plan for foreign EB-5 investors, which allows foreign investors to invest in US businesses that produce jobs, and then apply for a visa to emigrate to the US.

“They will have to undergo a filtering process, of course,” Lutnik said, “to make sure they are a first -rate global citizens.”

When Trump was asked if he would consider selling the tickets to Russian oligarchs, he replied: “Yes, I might. I know some Russian oligarchs who are very nice people.”

The EB-5 program was created by Congress in 1990 with the aim of encouraging the American economy by creating jobs and capital investments from foreign investors. However, Lotnick has previously criticized the program: “The EB-5 was full of fraud and illusions. It was a way to get Green Card at a low price. So the president decided to cancel the program and replace it with the Trump’s gold card.”