The golden visa of US $ 5 million: Trump’s new proposal for those who want to be an American citizen

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There are those who say that money does not buy everything, but can guarantee the permanent residence of immigrants in USA even under the hardest laws of Donald Trump.

The problem is the price the Republican is charging for this: $ 5 million, the equivalent of $ 28.9 million in the current exchange rate.

In an interview with journalists at the White House Oval Hall on Tuesday (25), the US president said he intends to offer a kind of golden visa to rich immigrants.

According to him, this document would be a path to US citizenship.

“Rich people will come to our country by buying this card. They will be rich and successful and will spend a lot of money and will pay a lot of taxes and employ many people, ”said Trump.

The golden visas, or golden visathey are not a creation of the US President, of course.

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They already exist in various parts of the world, such as Europaand are usually directed to investors and their families – giving access to new markets, business, career and education.

  • See more: 3 actions categories to seek protection and return in the current economic scenario

The US, however, has not yet technically has a golden visa program, but the country offers the EB-5 Immigrant Investor Program which gives status of legal residence to investors, spouses and children under 21 years.

For this, the applicant in question must invest in a commercial business in the US and create or preserve ten full-time permanent jobs for US workers.

  • As a comparison, in 2022, Portugal Increased the costs of the golden visa program of 350 thousand euros (R $ 2.1 million) to 500 thousand euros (R $ 3 million). In addition, the option of investing in real estate was eliminated last October, and it is now necessary to invest in risk capital funds or job creation to qualify. The movement in Portugal follows pressure from European Union (EU) Due to concerns that the influx of immigrants contribute to real estate inflation.

A detail in Trump’s today’s proposal, however, cannot be beaten: he said it is possible that Russian oligarchs qualify for the golden visas.

Does Vladimir Putineven prevented from traveling by risk of being arrested for Crimes of guerrawould it be eligible to the visa? Apparently, if it depends on Trump’s desire to end the conflict in Ukraine, the chances are great.

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