President Donald Trump She is still advocating for a “gold ticket” visa that would allow foreign nationals to buy their way to the United States, replacing a controversial visa scheme that has been concerned for years of potential abuse by China.
Trump has again published his plan for a gold ticket, which would allow people to buy their way to citizenship for $ 5 million, in “Sunday Morning Futures”.
“I believe that Apple and all these companies that can’t make people get out of college and come because they throw them out, I think of it, you graduated in the first place at the Wharton School of Finance or Harvard or Stanford, and you will be kicked out of the country. You can’t stay more than a day. And they can deal with these people, but they can’t, they can.
“You will have a lot of companies buying gold cards. So, for $ 5 million, it’s now a lot of money when you add it, if we sell them a lot,” he said, later describing it as a “green ticket on steroids.”
Trump denotes $ 5 million ‘Golden Card’ as a new path to citizenship
Then the elected President Donald Trump smiled during the Torkyer Poind USA in American at the Phoenix Congress Center on December 2, 2024 in Phoenix. (Rebecca Noble/Getty Images)
Host Maria Bartiromo asked Trump about the concern that the Chinese might use it.
“They can, and I can, but they don’t have to do it. I can do it in other ways,” Trump said.
The visa would replace the VISA EB-5 investor program. This program was founded in the 1990s and usually demanded a million dollar investment, but that could be a low $ 500,000 in areas in areas that were classified as high poverty and creating at least 10 jobs.
There were unsuccessful efforts to reform the program I Obami and Trump’s administration due to concern that the program used Chinese Communist Party.
“Although the aim of the EB-5 program on the encouragement of capital investments and job creation in the United States Commendable, in recent years it has become clear that the CCP may be abused by the program to get access to the US members’ permanent residence,” Republicans, ” Court judiciary he said in 2020.
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They quoted statistics showing that between 2012 and 2018. Nearly 80% of almost 10,000 visas went to investors born in China and that most investors were in behind the Chinese.
He also included the creation of “regional centers” that had combined the money for a visa and funded large investments throughout the country. Although it is intended to promote growth in bad or rural areas, drawing regional tickets around specific impoverished pockets was used to pump money into luxury projects in places such as New York and San Francisco.
Chinese President XI Jinping addresses the opening ceremony of the autumn semester of the Party of the Communist Party of China in Beijing. (AP Photo/Xinhua, Li Tao)
The double -sided attempt to reform the program was blocked in 2021 and the funds for the program were allowed to expire. It was later resurrected in 2022 with the reforms introduced by Sens. Chuck Grassley, R-iowa and Patrick Leahy, D-VT.
The reforms were aimed at resolving fraud and including audits, background checks and visits to the EB-5 web site, as well as firmer definitions of terms such as “capital” to prevent abuse. It also increased the level of financing needed for high poverty areas to $ 800,000. Of the 10,000 EB-5, which is available each year, 2,000 will be intended for rural or high poverty areas.
The provisions also include increased powers of the Ministry of Homeland Security (DHS) for veterinary capital to ensure that it has been legally procured and require that foreign agents and third promoters of the program be registered in DHS.
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However, the EB-5 continues to attract criticism, with some immigration hawks saying that it does not solve the basic questions with the program. The Howard Lutnick Store Secretary recently described the program as “poorly monitored, poorly performed.”
Lora Ries, Director of the Border Security and Immigration Center at the Heritage Foundation, shared those worries about the EB-5.
“With any immigration benefit in America, if you offer it, they will come too often to seek or use a fraudulent fee. The VISA investor program EB-5 is no exception, as mentioned by the Lutnick Store Secretary. Examples of fraud who sees the program includes false claims of job creation, god and investment projects,” she said. “
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“The aliens are considered to be deceived by immigration fees as a low risk, a high prize because it is rarely explored, and let alone fined. This is one of the reasons we have over 9 million applications for immigration waiting for DHS for nearly 4 million immigration cases waiting for an impression,” she said.
“It is important to review the current backlogs for fraud in an immigration feeDemand these cases and deport the alien applicants, which helps to achieve administration priority – mass deportations, “she added.
