Donald Trump’s Gold Card US Visa
President Donald Trump took the world of international immigration and investment by storm with the announcement of the ‘Gold Card’ residency permit. Referred to as the EB-5 program, the new initiative replaces the previous program for EB5 visas, which will be granted only to those who invest a large sum — $5 million. The Gold Card visa is designed to quicken the immigration for ultra-rich people, and is expected to alter the equation of getting US residency considerably adversely even for Indian investors who have been benefiting under the EB 5 scheme so far. How are things going now? The Gold Card visa initiative will be a high stakes alternative for EB-5 but now with no investment requirement. From the Oval Office, Trump announced the new visa that would essentially act as a best of breed Green Card. “We are going to be selling a Gold Card.” This is a Gold Card; you have a Green Card. That card is going to be priced at about $5 million, Trump declared during the briefin...