“Wealthy people will be coming into our country by buying this card,” he told reporters on Tuesday. “They’ll be successful and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people .”
“We’ll be able to sell maybe a million of these cards, maybe more than that,” Trump said.
The EB-5 program is “full of nonsense, make-believe, and fraud,” Commerce Secretary Howard Lutnick told the reporters. “It was a way to get a green card that was low priced.”
The bipartisan EB-5 program offers family packages of green cards to investors who merely loan $1 million to companies that create as few as 10 temporary jobs. The green cards can later be traded in for citizenship.
The E-5 program is capped at around 10,000 green cards per year.
Read Full Article Here
Trump Promises $5 Million ‘Gold Cards’ for Foreigners to Buy Citizenship
- by: Neil Munro
- 02.25.25
- Source:
Breitbart
- 02/26/2025
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