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2 Reasons Grant Cardone Is a Fan of Trump’s Gold Card Initiative
Yahoo Finance· 2026-03-19 10:05
Core Viewpoint - The Trump Gold Card initiative aims to attract wealthy foreigners to invest in the U.S. economy by offering a fast-tracked path to U.S. residency in exchange for significant financial contributions [3]. Group 1: Trump Gold Card Overview - The Trump Gold Card is a new U.S. immigration program launched in December 2025, allowing wealthy foreigners to gain U.S. residency by making a financial contribution to the U.S. Treasury, starting at $1 million [3]. - The program includes different tiers, such as the individual card requiring a $15,000 processing fee and a $1 million contribution, and a corporate card for companies at $2 million [6]. Group 2: Economic Impact - The initiative is expected to attract high-net-worth individuals who will bring purchasing power, investments, and job creation to the U.S. economy [2]. - By encouraging foreign companies to invest in the U.S., the program could lead to a lower unemployment rate as these companies establish facilities to avoid tariffs, similar to actions taken by Taiwan Semiconductor Manufacturing [5]. Group 3: Investment and Job Creation - A primary benefit of the Trump Gold Card is that it requires foreign businesses to invest their own capital in the U.S., rather than relying on taxpayer-funded corporate tax credits, thereby creating jobs without additional costs to taxpayers [4].
Trump Launches $1Million 'Gold' And $5Million 'Platinum' Cards Promising Fast-Track US Residency, Tax Advantages For Wealthy Foreigners
Yahoo Finance· 2025-12-13 02:31
Core Points - President Trump has introduced two high-priced immigration programs, the "Trump Gold Card" and "Trump Platinum Card," aimed at wealthy applicants seeking fast-track residency and tax advantages in the U.S. [1][2] Group 1: Trump Gold Card - The "Trump Gold Card" offers U.S. residency in record time for applicants who pay a $15,000 Department of Homeland Security processing fee and make a $1 million contribution, pending background approval [2][5]. - Qualified applicants who pass the vetting process can pursue U.S. citizenship after five years [6]. Group 2: Trump Platinum Card - The "Trump Platinum Card" allows foreign nationals to spend up to 270 days a year in the U.S. without incurring taxes on non-U.S. income [3]. - Applicants must pay a $15,000 processing fee and a $5 million contribution to join the program, which also eliminates the need for travel visas [4]. Group 3: Government Support and Impact - The program is supported by the Department of Homeland Security and the Department of Commerce, providing expedited EB-1 or EB-2 green cards for contributions of $1 million and $2 million, respectively [7]. - The initiative is expected to help American companies retain key talent by providing a clear path to citizenship for employees [5][6].
X @Bloomberg
Bloomberg· 2025-12-12 17:15
Here's what to know about the Trump Gold Card, and golden visas in general https://t.co/Duie2O6uMu ...
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-12-12 16:22
The Trump Gold Card is now available.There are millions of people around the world ready to send their money to America for an opportunity to come here. https://t.co/Kjqno6lih9 ...
X @Bloomberg
Bloomberg· 2025-12-12 11:20
Here's what to know about the Trump Gold Card, and golden visas in general https://t.co/li6kVpSY0O ...
Trump’s 'gold card' offers fast-track citizenship for wealthy, but experts question the payoff
Yahoo Finance· 2025-12-11 22:19
Core Points - The "Trump Gold Card" program allows foreigners to obtain permanent residency and a path to citizenship by contributing $1 million to the U.S. government, with applications open as of December 10 [1][4] - The program is expected to generate billions in revenue for the U.S. Treasury, with funds aimed at benefiting the country [2] - The program includes a corporate version, the "Trump Corporate Gold Card," which requires a $2 million contribution for employers sponsoring employees [5] Program Details - Applicants must pay a nonrefundable $15,000 processing fee and demonstrate substantial benefit to the U.S. to qualify for EB-1 or EB-2 visa status [4] - The corporate version allows for employee sponsorship and includes a 5% transfer fee for employee access and a 1% annual maintenance fee after approval [5] - Family members of cardholders can also apply under the same fee structure [5] Legal and Economic Considerations - The program was established via executive order and has not received congressional approval, raising questions about its legality within the existing immigration system [7] - Experts argue that the gold card program differs from the EB-5 program, as the contribution is a nonrefundable donation rather than an investment, and it does not require job creation [9] - Studies indicate that citizenship-by-investment schemes may not yield the expected economic benefits, with potential inflation in domestic real estate prices [10][11] Market Impact - The minimum investment for an EB-5 visa is currently $800,000, making the $1 million gold card less attractive for some investors [12] - If 4,000 individuals opt for the gold card, it could generate approximately $4 billion annually, which may not significantly impact the U.S. national debt [13]
Trump’s $100,000 H-1B fee fuels stress for staff, employers
Fortune· 2025-09-22 18:00
Core Points - The Trump administration's plan to raise the H-1B application fee to $100,000 has created significant anxiety among international graduate students and companies reliant on the visa program [2][3][4] - The sudden implementation of the new fee structure has led to confusion and panic among visa holders and companies, with many employees being advised to return to the US immediately [4][10] - Major tech companies and institutions, including Google, Apple, and various universities, are concerned about the impact on their recruitment strategies due to the increased costs associated with H-1B visas [6][10] Industry Impact - The H-1B visa program is crucial for sectors like technology, education, and healthcare, which depend on skilled international talent [3][6] - The proposed fee increase is expected to disproportionately affect startups, small companies, and non-profits, limiting their ability to hire entry-level professionals [9][10] - The announcement has prompted discussions about the need for reforms in the H-1B system, with some advocating for expansion to address labor shortages [8] Company Reactions - Companies are left scrambling to understand the implications of the new fee structure on their hiring plans, with many expressing concerns about the potential loss of talent [6][10] - The uncertainty surrounding the visa changes has led to immediate reactions from employees, with some planning to return to their home countries [11][14] - The healthcare sector, in particular, is worried about the potential disruption in the pipeline of international medical graduates due to the new fee structure [10]