Trump Executive Order to attract

TODAY’S BIG STORY…

**This one is for anonymous who can not comprehend--Trump revealed plans for an immigration "Gold Card." It’s a $5 million purchasable green card providing work authorization and a path to citizenship, replacing the EB-5 program. The initiative aims to reduce the deficit by attracting wealthy investors, job creators, and global talent, eliminating green card lotteries in favor of direct investment. Gold Card holders would be vetted and pay full U.S. taxes on domestic income but none on foreign earnings.

Created by Congress in 1992, the EB-5 program can grant green cards to immigrants who make a minimum investment of least $1,050,000, or $800,000 in economically distressed zones called targeted employment areas, to create jobs for American workers, according to the United States Citizenship and Immigration Services website.

The program was last renewed in 2022 during the Biden administration, with the minimum investment requirements being raised to their current levels.

Commerce Secretary Howard Lutnick, standing alongside Trump, said the card will replace the government’s EB-5 immigrant investor visa program, which allows foreign investors to pump money into US projects that create jobs and then apply for visas to immigrate to the US.

“They’ll have to go through vetting, of course,” Lutnick said, “to make sure they’re wonderful world-class global citizens.”

Trump estimates selling 1 million cards could generate $5 trillion, while 10 million could eliminate the national debt with $50 trillion. He asserts the plan is legal without congressional approval, as it pertains to green cards, not automatic citizenship, and notes similar programs exist in other countries.