#PressPlay—
#TSRPolitics: Today, President
#DonaldTrump debuted a $5 million “gold card” to reporters on the Air Force One.
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According to Trump, the gold card which was introduced in February, is intended to permit wealthy immigrants to reside and work in the U.S. replacing the EB-5 immigrant investor visa program. According to Forbes, EB-5s originally created in 1990, were for immigrants to obtain green cards if they invested at least $800,000 in a company that employs at least 10 people.
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#HowardLutnick, the U.S. Commerce Secretary, recently announced the sale of 1,000 Gold Cards with a goal of raising $5 billion in a single day. Unlike American citizens, gold card holders are not required to pay taxes to the U.S. government on overseas income. (🎥:foxnews) ✍🏾:
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