Trump's $5 million 'gold card' visa unlikely to attract wealthy investors, advisers say
U.S. President Donald Trump's $5 million so-called 'gold card' visa program is unlikely to trigger a major inflow of wealthy global investors seeking U.S citizenship because of concerns over higher taxes, immigration and wealth advisers said. Trump said on Tuesday he planned to replace an existing EB-5 immigrant investor visa program, which requires a minimum $800,000 investment, with the gold card plan that would allow U.S. citizenship to foreigners promising to invest in U.S. businesses. "I do not believe that the current POTUS offer will have a big impact, as getting a green card in the U.S. if you meet certain criteria, is not difficult," said Bassim Haidar, a former UK non-domiciled multimillionaire told Reuters.
Reuters
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4 hours ago
