Trump's 'Gold Card' Could Offer Green Card for Million-Dollar Investment
A 'Gold Card' policy proposed by former U.S. President Donald Trump is emerging as a new way to obtain U.S. permanent residency through an investment of one million dollars or more, Fox News reports. While the specifics of this 'Gold Card' policy have not yet been released, foreign media outlets analyze that its purpose is to stimulate the U.S. economy by attracting high-value investments. During his tenure, Trump pursued strict legal immigration restrictions and border controls as key policies. In this context, the 'Gold Card' policy can be interpreted as an attempt to attract wealthy individuals to the United States to promote economic growth. Fox News reports that the 'Gold Card' policy is likely to operate in a similar way to the existing EB-5 Immigrant Investor Program. The EB-5 program allows foreign investors to receive permanent residency if they invest a certain amount or more in a U.S. business and create a certain number of jobs. The EB-5 program has several conditions, including minimum investment amount, investment area, and job creation requirements, and these conditions may be used as a reference in designing the 'Gold Card' policy. It is also predicted that Trump's 'Gold Card' policy, which did not gain support within the Republican Party in the past, has uncertain feasibility. Some experts argue that the 'Gold Card' policy could contribute to job creation and economic revitalization in the United States. On the other hand, other experts criticize it as a policy that only benefits wealthy individuals and undermines the fairness of the immigration system.
If the 'Gold Card' policy is implemented, the impact on the U.S. economy is expected to be diverse. While there are positive prospects for attracting high-value investments, creating new business opportunities, and increasing jobs, there are also concerns that negative consequences such as overheating of the real estate market and deepening asset inequality may occur. Furthermore, if the 'Gold Card' policy is implemented, it could promote the introduction of similar policies in other countries. Some countries already operate various investment immigration programs to attract wealthy investors, and the 'Gold Card' policy could intensify this competition. Some critics argue that the 'Gold Card' policy could damage the image of the United States. It instills the perception that permanent residency can be bought with money, which is inconsistent with American values. Trump's side has not yet announced specific details about the 'Gold Card' policy. Policy details, implementation timing, and eligibility requirements are expected to be released later. U.S. immigration policy experts emphasize that congressional approval is required for the 'Gold Card' policy to be implemented, and that sufficient discussion on the content and effects of the policy should take place. Fox News reports that attention should be paid to what changes Trump's 'Gold Card' policy will bring to the U.S. immigration system.
