Trump Gold Card: US President Donald Trump has finally launched the Trump Gold Card website. The US government has launched the Trump Gold Card website. There has been a lot of discussion about the Trump Gold Card for the last few months and now finally the process of applying for it has started. Let us tell you that any foreign citizen can apply for a gold card by paying a one-time fee of $ 5 million.

A post on Trump’s social media platform Truth suggests that the waiting list for the gold card is now open and one has to register or sign in to apply.

How to apply for US Gold Card
Foreign citizens can now apply for US Gold Card by visiting the website trumpcard.gov. Some basic information has to be given for the application. Let us tell you that a gold-colored card with Trump’s face can be seen on the website. Applicants applying for Trump Gold Card for business or themselves will have to provide their name, country, email address etc.

On the Trump Gold Card website, applicants will be asked to fill out a form. The form covers eight regions – Europe, Asia (including the Middle East), North America, Oceania, Central America, South America, the Caribbean and Africa.

The United States Department of Commerce is currently processing email verification for website registrations.

Gold card holders will not receive US citizenship but will be on a path to citizenship. Trump says he is not seeking congressional approval, and White House officials have said more information on the gold card will be available soon.

What is Gold Card

This is a ‘Gold Card’ which gives US citizenship on spending 5 million dollars. The Gold Card will be a premium version of the Green Card already being given to people in America. People will get more facilities after getting the Gold Card.

Apart from this, there will also be an opportunity to invest in America and get citizenship. The Trump government plans to sell about one million such cards. Replacing the current EB-5 visa program, this scheme will provide investors some privileges different from the Green Card.

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If you are dreaming of living in America, then there is good news for you. US President Donald Trump has come up with a special visa scheme. He has named it “Trump Gold Card”. Under this visa scheme, one has to invest 5 million dollars i.e. Rs 43,55,00,237 in America. The aim of this initiative is to replace the 35-year-old EB-5 visa program, which has been in place since 1990 to encourage foreign investment in the United States.

Now you will have to invest more than before

The current EB-5 visa requires foreign investors to invest about $1 million in a business that creates at least 10 jobs. However, Commerce Secretary Howard Lutnick explained that the new program would increase the investment requirement as well as reduce fraud and bureaucratic inefficiencies associated with EB-5. Trump emphasized the economic benefits of the proposed program, saying it would attract wealthy and successful individuals who would spend significant sums of money, pay higher taxes, and create jobs. He also estimated that if the federal government issued 10 million of these visas, it could significantly reduce the national deficit.

Countries around the world adopt this policy

Investor visas are widely used around the world. More than 100 countries, including the U.K., Canada, Australia and many European countries, offer “golden visas” to attract wealthy individuals. The U.S. has historically limited the number of EB-5 visas, but Trump’s proposal suggests a more expansive approach. Unlike the EB-5 program, Trump’s “gold card” proposal does not mention any specific job creation requirement. This raises concerns about how the new visa will contribute to employment in the U.S., a key component of the EB-5 program.

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