Donald Trump presents the Trump Card
This Friday, Donald Trump has announced that the United States will sell residence permits to any migrant who can pay five million dollars.
Os USA will sell Residence Authorizations in the country for the amount five million dollars.
The announcement was made this Friday by the president Donald Trump.
“For five million, it could be yours”Trump said to the media during a trip on the presidential plane, Air Force One while showing the document, called “Trump Card”.
This card, which is golden, Trump’s face and signature has stamped.
“I’m the first buyer,” Trump explained, before ensuring that they will be on sale “in about two weeks”, without further details.
What is Trump Card?
The US President and his Trade Secretary, Howard Lutnickthey were promoting this initiative for some time, which began to take shape in February.
Lutnick even said that up to one million people could buy this card, which replace the EB-5 visareserved for investors.
In addition, he said that already managed to raise “five billion dollars” With 1,000 permissions sold – an amount that will be used to relieve the country’s public deficit.
The EB-5 were created by the US Congress in 1990 as a way for migrants to obtain permanent residence Investing at least one million dollars (about 905 thousand euros) in a business; or $ 800,000 (725 thousand euros) in a low yield area that employed at least ten people.
During the first fiscal quarter of 2025, from October 1 to December 31, 2024, 4,608 visas of this type were issued, according to data from the US State Department.
The ideaexplained Lutnick two weeks ago in the economic ‘podcast’ all-in, came from a Meeting between Trump and billionaire John Paulsonfounder of a fund of investment.
Mechanism managed by musk
Lutnick also advanced the sales mechanism will be managed by the Presidential Counselor and Magnata Elon Musk“Which is responsible for the development of ‘software'”.
Lutnick has highlighted the additional flexibility this new option offers, giving as an example the possibility of “family packages”-although without price reduction per unit-so that “if a disaster happens”, owners and family “may have the option to escape together for the airport and fly to the United States, where they will be welcome”.
