Quotes
There has to be other non-economic qualifications that just $5 million,
the user argued
Trump's 'Gold Card' lets billionaires buy U.S. residency for $5M, while high-skilled Indians wait decades for Green Cards. Money talks, merit walks,
one user saidThey’ll be wealthy and 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, and we think it’s going to be extremely successful,
Trump said in the Oval Office
It’s somewhat like a green card, but at a higher level of sophistication, it’s a road to citizenship for people, and essentially people of wealth or people of great talent, where people of wealth pay for those people of talent to get in, meaning companies will pay for people to get in and to have long, long term status in the country,
he saidWe are going to be selling a gold card,
Trump said as he signed executive orders alongside Commerce Secretary Howard Lutnick in the Oval Office on Tuesday
They can come to America. The president can give them a green card, and they can invest in America, and we can use that money to reduce our deficit,
he addedGenerally speaking, it will be people with money and people that create jobs,
Trump said
We are going to make sure they are wonderful, world class global citizens,
he saidThe EB-5 program ... it was full of nonsense, make believe and fraud, and it was a way to get a green card that was low price. So the president said, rather than having this sort of ridiculous EB-5 program, we're going to end the EB-5 program. We're going to replace it with the Trump gold card,
Commerce Secretary Howard Lutnick told reporters on Tuesday
President Trump is correct that the current Eb-5 program is flawed and has been abused in the past... A 'gold card' would be similar to what many other countries are already offering and level the playing field to bring successful entrepreneurs and their families to America."
Corporate law attorney Florian Hauswiesner, on X, formerly Twitter
It's really interesting to see what his plan is. Granted, so many things are ready, fire, aim. Right now, EB-5 Regional Center Integrity Act sunsets September 2027. So, I guess the thought would be to lobby Congress to make this change to highly increase the investment amount and possibly change the criteria."
Immigration attorney Steven Brown told NewsweekIt's going to be a route to citizenship, and wealthy people will be coming into our country by buying this card,
Trump saidWe're going to be putting a price on that card of about $5 million, and that's going to give you green card privileges, plus it's going to be a route to citizenship,
Trump said
It's not about avoiding hiring Americans. There just aren’t enough Americans to fill the needs of these companies.”
Says Skoll now
The H-1B was essential for me,
Skoll tells Forbes_cropped.jpg)
It’s more than an immigration policy,
biotech billionaire and LA Times owner Patrick Soon-Shiong recently told ForbesAmerican schools just don’t graduate enough folks to fill the demands for these positions,
he says, referring to jobs in tech, healthcare and science in particular.jpg)
The reason I’m in America along with so many critical people who built SpaceX, Tesla and hundreds of other companies that made America strong is because of H-1B,
Musk said on X in December