Trump administration sells 1,000 'Gold Card' visas in one day: Commerce Secretary
- Commerce Secretary Howard Lutnick stated that Trump's 'Gold Card' initiative brought in $5 billion in a single day, as discussed on the podcast 'All-In'.
- The program aims to attract wealthy individuals to obtain U.S. Residency, replacing the EB-5 program, which required foreign investments that create U.S. Jobs.
- Trump mentioned that if recipients are deemed unsatisfactory, their investments can be refunded, allowing for fast deportation.
- Lutnick believes this approach could attract up to 37 million affluent individuals, potentially contributing significantly to the U.S. Economy and addressing national debt concerns.
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US Gold Card Scheme A Hit? Trump's Top Official Says "1,000 Sold In A Day"
Donald Trump's 'Gold Card' or 'Golden Visa' scheme, which offers permanent residency and optional citizenship of the United States for $5 million, per card, seems to have become a hit, if US Commerce Secretary Howard Lutnick's claim is indeed true.
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