USA planning to release Green Cards and Gold Cards ?

The Gold Card visa will be a route to US citizenship through investment. Foreign investors who are ready to invest at least USD 5 million can apply for this visa. The new visa will replace  the EB-5 visa while Drawing the rich investors to immigrate to the US.

Gold Card Visa program

In a recent news updates , President Donald Trump plans that the US is set to introduce a new Gold Card visa as a route to citizenship. The visa would be similar to a Green card, providing permanent lawful residency to foreign investors who are willing to invest at least USD 5 million.

President Trump believes that the sale of 10 million new Gold card visas will decrease the federal deficit. The new visa allows talented individuals to immigrate to the United States through a pathway established by Wealthy people.

Foreign Investor Visas

It is estimated by Henley and Partners that approximately 100 nations like the UK, US, Spain, Malta, Australia, Italy and Canada provide investment visas or “golden visas” to high-net-worth applicants. The majority of them provide citizenship in exchange for the investment placed by these investors.

The Homeland Security Department reports indicated that the US granted about 8,000 investor visas. Trump said that the new “Gold card” visa is most likely to take the replace of the EB-5 visa program, which reported many cases of investment fraud in recent times.

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