The “Gold Card” immigration visa plan by US President Donald Trump, designed to offer a permanent residence at a cost of $ 5 million, is tested, according to billionaire Tech Elon Musk.
Unveiled on the Air Force One, the path supported in money to citizenship already arouses global buzz and elite wallets. The card, marked the “Trump Card”, does not only promise you from the residence, it also offers tax loss, an elite status and a promise: no quotas, no waiting lists and certainly no “awake” bureaucracy.
Musk has let the cat come out of the bag, announcing on X: “Once it is completely tested, it will be deployed to the public with an announcement by the president.” The answer was a nod to a discussion thread by the blockchain entrepreneur, Mario Nawfal, who had already unearthed a federal website and a digital backend built by none other than the Ministry of Effectiveness of the Government – the fact.
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The program modifies the trajectory – proving that the fastest route to American soil is no longer done through asylum, talents or difficulties – it is by transfer of wire.
“More than 1,000 gold cards have already been sold,” said trade secretary Howard Lutnick in April.
This represents $ 5 billion in one day – enough to shed light on Washington’s accounting books. With around 37 million people around the world who can afford the price, the Trump administration estimates that this program could help move away from the imposing debt of 36.5 billions of dollars in the country.
Although the details are always summary, the plan is so far simple: no requirement for job creation, no context of innovation or necessary success. Only five million dollars and a taste for exclusivity.
EB-5, meet your replacement
For years, the EB-5 investors’ visa has served as a must-have road for people with high birth content in order to guarantee American green cards, in particular the Indians mixing with bottles of H-1B strangulation and the purgatory of green cards. This program required a lower investment, $ 800,000 in targeted areas and came with attached channels: job creation, bureaucratic examination and costs approaching $ 200,000.
On the other hand, the Trump Card abandons administrative formalities for a red carpet.
Nawfal calls him what he is: “A quick residence in Haute roller for us.” He praises it as “no woken quotas, no endless arrears – just money, skills titles and country checks.” Critics could call it ratherocate by another name.
Tax free paradise for ultra-rich
One of the most surprising advantages of the card is a possible exemption from American world taxation, allowing holders to win abroad without the gaze of Uncle Sam. For many billionaires, it is not only an advantage – it is a job.
“If Trump gives golden visa holders an exemption from their world revenues outside the United States, this will look like the price of $ 5 million in Chaar Anna for the wealthy,” said Russell A. Stames de Circle of Counsels, comparing the price for the change of pocket in the former currency of India.
He also underlined another dimension of the appeal: the relaxation of anti-corruption and anti-corruption surveillance under Trump’s second term.
“The golden visa can be very attractive for a certain set of wealthy worldwide,” he noted.
The shortcut of India has just closed
For many Indian investors, the EB-5 visa was the rescue canoe for the American labyrinthine immigration process. This canoe could now disappear.
Varun Singh, managing director of Xiphias Immigration, warns that this could have serious consequences.
“The abolition of the Visa EB-5 program would be a blow for Indian investors, the American economy and bilateral links,” he said. “It was an economic engine, Indian investors contributing to billions of dollars in real estate, infrastructure and technology sectors in the United States”
The risk is not only economical – it is reputation. The United States has long designed its immigration system as a merit. Now, many think that it is uncomfortably leaning near the sale of citizenship to the most offender.
“Change signals a philosophical break,” added Singh. “Indian investors can now turn to other world residence programs such as Greece’s golden visa, Portugal’s gold visa and water and Canada plans. These offer faster routes, with a less political theater. ”
The American dream – repressed
For many in the world, the American dream has always been ambitious. But with the Trump Card, the dream is now transactional.
Time will tell us if the program succeeds in helping to reduce American debt, or simply becomes a collection element for oligarchs. However, for an increasing class of citizens of the ultra-rich world, the border is no longer a barrier. It’s a velvet rope, and Trump has just given them the VIP pass.
