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What to know about the visa trump wants to replace the gold card

trump china flag split trump china flag split

President Donald Trump He continues to press for the “Gold card” visa that would allow foreign citizens to buy their way to the United States, replacing a controversial visa scheme that has been concerned about potential abuse in China.

Trump broke out his gold card plan again, which would allow people to buy a journey for $ 5 million, on the “Sunday morning”.

“I believe that Apple and all these companies who can’t get people from college, and you can not make it more than one day, but they can take that gold card and do it is part of their job to get these top students,” Trump told Sunday.

“You will have a lot of companies to buy gold tickets. So, for $ 5 million, now it’s a lot of money when you sell it a lot,” he said, later describing the “green card in steroids.”

Trump charges a $ 5 million gold card “as a new path to citizenship

President-selection of Donald Trump in December 2024. Years
Then-president-selection of Donald Trump is smiling during the milestone Americafest at the Phoenix Congress center on 22. December 2024. In Phoenix. (Rebecca Noble / Getty Images)

Host Maria Bartiromo asked Trump’s concerns about the Chinese can use it.

“They can, and they 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 established in the 1990s and a million dollar investment is usually needed, but it could be as low as $ 500,000 in areas classified as high poverty, and create at least 10 jobs.

There were unsuccessful efforts for program reform and in Obama and Trump administrations due to concern that the program used Chinese Communist Party.

“Although the goal of stimulating the encouragement and opening of EB-5 in the United States has become clear that CCP can abuse the program for access to the permanent residence for its members”, Republicans on Committee for Justice He said 2020. years.

Trump declares “America returns” in speech before the congress

They stated statistics that show that between 2012. and 2018, almost 80% of almost 10,000 visas went to Chinese investors and that most investors were Chinese Chinese.

He also included the creation of “regional centers”, who joined the money for visa and fund great investment across the country. Although it is intended to promote the growth of bad or rural areas, drawing regional tickets around specific impoverished pockets was used to charge money in luxury projects in places like New York and San Francisco.

In this photograph was filmed on 1st. September 2012 and released by the Chinese news agency Xinhu, the Chinese Vice-President XI addressed the opening ceremony of the autumn semester of China's Party School in Beijing. Chinese micro-bloggers and overseas websites have come up with all sorts of creative speculation why the president - waiting for XI for more than a week. (AP photo / xinhua do you don't sell

Chinese President Xi Jinping addresses the opening ceremony of the autumn Semestra Party School Communist Party of China in Beijing. (AP Photo / Xinhua, LI Tao)

A whiper attempted program reform has been blocked in 2021. years, and the program for the program has enabled the expiration. It was later Upset 2022 With reforms introduced by SENS. Chuck Gisley, R-Iowa and Patrick Leahy, D-Vt.

The reforms had aimed to deal with deceit and included audits, background checks and sites for EB-5 projects, as well as stronger definitions such as “capital” to prevent abuse. He also increased the level of funding required for high poverty areas to $ 800,000. Out of 10 000 EB-5 which are available every year, 2,000 will be intended for areas of rural or high poverty.

The provisions include increased authority for the homeland (DHS) for vet foreign capital to ensure that foreign agents and third parties of the program are registered with DHS.

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However, the EB-5 continues to draw criticism, and some immigration falcones say that it does not solve fundamental issues with the program. The Secretary of the Howard Lutnick recently described the program as “weakly monitored, poorly performed.”

Lora Ries, director of the border security and the immigration center based on heritage, shared these concerns about the EB-5.

“With any immigration in America, if you offer it, and too often ask for or exploit equipment. Extremely secretary of the Beo Exception. Examples of frauds to create new jobs, false projects and pyramidal investment schemes,” she said.

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“Aliens are looking at immigration, high risk, a high reward, and let alone have been punished. This is one of the reasons to have over 9 million Dari for immigration use, and another immigration cases in the Doyle,” she said.

“It’s important to review current backlogs for Immigration scamThey deny these cases and deport the alien applicants, which helps achieve the priority of the administration – mass deportation, “she added.



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2025-03-13 12:00:00

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