President Donald Trump Plan to offer a visa “Golden Maps” to rich immigrants similar to policies used in more than three dozen countries, although the US proposal would arrive with the highest price, the expert tells Fox News Digital.
“What you do is bring richer individuals, obviously a job creative, consumers,” for Fox News Digital Anthony Esposito, founder and CEO of Island Capital Investments.
Esposito -these comments come after Trump said on Tuesday that he planned to offer a “gold card” visa that gives recipients a path to US citizenship For $ 5 million, saying to reporters, such a program would be “extremely successful”.
“It will be rich and will be successful, and they will spend a lot of money and pay a lot of taxes and hire a lot of people, and we think it will be extremely successful,” Trump said on Tuesday from the oval office, according to the Associated Press report.
President Donald Trump’s plan to offer a “Golden Map” visa to rich immigrants is similar to policies used in more than three dozen countries (Al Drago/Bloomberg via Getty Images)
The Hward Lutnick Store Secretary said the new gold card will replace electricity Viza EB-5 Immigrant Investor Within two weeks, a program created by Congress in 1990 and offers residence to people who spent about $ 1 million on work while employing at least 10 people, the report said.
Trump has also published a program as a way of pruning a state debt.
“This is exactly the opposite of Biden’s policy.[.]”
“Companies can go to buy a gold card, and I can also use it as a matter of employment,” Trump told reporters on Wednesday. “At the same time, the company uses that money to pay debt. We will pay a lot of debt to that.”
Esposito shares Trump’s opinion on the way of using money, noting that 1 million gold card recipients would result in $ 5 trillion for the US Treasury.
“The million individuals who have entered would amount to $ 5 trillion payments to the Government, outside the bats, which does not involve the growth of the derivatives of those people who are here,” Esposito said.
“Companies can go and buy a gold card, and I can also use it as a matter of employment,” Trump told reporters. (Sean Rayford/Getty Images)
Almost 40 other countries have similar so -called “investment citizenship” programs, according to Henley & Partners, a law firm representing clients who want to use such arrangements. However, the US investment in the amount of $ 5 million, which Trump suggested, would make the United States the most expensive in the group.
Esposito believes that allowing such investments would use American economy.
“It’s the biggest nation in the world. It’s the largest economy in the world. This is simply a way to check people and the arrival of people who will create a mutually useful relationship …”
“Growth of growth, opening up new jobs, tax payments, consumer consumption, 10 million tickets would be $ 50 trillion. Numbers are real entry, and numbers are real from the benefits of these individuals,” Essposito said.
Although some critics expressed the fear that the program could be abused or lead to threats to national security, Esposito claimed that Trump’s administration should be believed to set up the right check procedures.
“This is a completely contrary to the politics of Biden’s administration. On the one hand, we had mass migrations of unprecedented, unfathomable immigrants who came to the southern border who basically lived on the taxpayer,” Espoato said, adding that Trump’s policy would invite the “program completely on the basis of individuals”.
Former President Joe Biden spoke with US Customs and Border Customs Officers as he visits the US-Mexico border at El Pas in Texas, January 8, 2023. (Jim Watson/AFP via Getty Images)
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Ultimately, Esposito says, Trump’s program will provoke a “mutually useful” partnership between US owners -ai gold card.
“It’s the biggest nation in the world. It’s the largest economy in the world,” Esposito said. “This is simply a way of checking people and the arrival of people who will create a mutually useful relationship between the United States and the Economics of the United States and those gold card owners.”
The White House did not immediately respond to the Digital Request Fox News for comment.
