Trump Card, also known as Trump Gold Card is a proposed cause powerful note is U.s. President Donald Trump announced on January 25, 2 year 2025 in order to attract the super-rich international. According to information from the source media, this card is promoted as opportunities to foreigners who have strong financial resources – in particular those who are willing to invest at least $ 5 million – could get the right to reside long-term work legally in the U.s. and step by step to U.s. citizenship. On the day 3/4/202025, mr. Trump has performed card on Air Force One Trump Card in the picture he was with the national symbols of America, comes the promise of a path settlements, more simply, faster than the EB-5 program current. Up to 12 months 6, site TrumpCard.gov the official opening of the waiting list, and in just a few days later, almost 70,000 people have signed up, despite the fact the policy has still not officially been issued or review.
However, the legality and feasibility of Trump Card is controversial issue harshly. Many experts in immigration law and immigration policy emphasizes that the American President may not grant a residence permit for foreigners only by executive order, which needs the approval of parliament and approval by the legislative processes strictly. Making a kind of new cards, especially with higher levels of investment, requiring amendments to the current immigration law, and may be related to the tax law – which the experts said that is not easy if not impossible in the context of American political current. If done without the legal clear, the program can be opposite with the litigation or parliament rejected right from the start.
On the positive side, the proposed Trump Card is some economic analysts perceive as having the potential to attract large amounts of capital poured into the Us economy, contributing to reduce the pressure on public debt and generate cash flow, clean, transparent. Minimum investment 5 million USD will remove the small investors, reduce fraud risks, which are problems that exist in the EB-5 program many years ago. Also, if true, this will be a channel settled a high level, directed to those who really have the financial resources and desire to contribute to the economy of the United States.
However, besides the potential benefits, Trump Card also raises many concerns. The opening for rich people buy the right settlement for the price “on the sun” is considered by many to be contrary to the spirit of the immigration system in America. It also has the risk of becoming a tool for the non-transparent objects seek to legalize property or private purpose without going through the control mechanism tradition. In particular, with such high rates, the number of people actually eligible and willing to participate not have been as much as numbers, registration standby current. Therefore, Trump Card to date is still just a proposal there is no legal framework specific and so should be monitored closely in next time to see if it can turn into reality, no.
While Trump Card is still just an idea no legal basis firmly, the EB-5 program are still being road legal and feasible only for investors eager-to-please American green card through investment form. EB-5 requires minimum investment amount from 800,000 USD into the project specified and requires creating at least 10 full-time jobs for American workers. Although the procedure can be complicated and waiting time lasts more than what Trump Card promises, EB-5 is still the official U.s. government recognition and enforcement under the strict supervision of the Department of immigration and naturalization services (USCIS). So with the serious investors and look forward to a real solution, EB-5 is still the best option for safety and officially on the path to becoming a lawful permanent resident in the Us.