US Selling 1,000 Gold Cards Daily—Priced at $5M Each

Highlights: US Gold Cards priced at $ 5 million each being issued daily

• The newly launched US Gold Card is priced at $ 5 million each.
•  The US Commerce Secretary reported around 1000 Gold Cards being sold in a day.
• The US Gold card launched by Trump offers permanent residency to foreign investors.
• The Gold Card will replace the old EB-5 Visa, which was a pathway to US citizenship via investment.

 

*Willing to invest in the US?  Sign up with Y-Axis for complete assistance!

 

US Gold Cards to raise economic gains of the country

According to recent reports by the US Commerce Secretary Howard Lutnick, the US issued around 1000 Gold Cards in a day, marking a major milestone. Each US Gold card offers US citizenship to foreign investors willing to invest a minimum of $5 million in the US.

With 1000 Gold Cards being sold at $5 million each, the US economy has had a major boost of around $5 billion, accounting for the first success of the programme. The country is aiming to sell one million cards to wealthy foreign investors which would mean an economic gain of around $5 trillion.

 

Read more…

USA plans to issue Gold cards and Green cards

 

Key benefits of the US Gold Card

The recently-launched US Gold Card offers the following benefits to the holders:

• Unlimited right of residence without any restrictions on living, working, or studying in the US
• A pathway towards US Citizenship, which Trump refers to as “privileges plus”
• Migrate to the US and live with your family
• No need for creating jobs, unlike the EB-5 visa
• More secure way of obtaining US citizenship

The US Gold Card has replaced the 35-year-old EB-5 program, which issued residency rights to investors willing to spend $1 million on a US business that could create at least 10 jobs. President Trump has characterized the EB-5 program as fraud and includes concerns over verifying the legal source of investment funds and has therefore replaced it with Gold Cards.

 

*Are you looking for step-by-step assistance with US immigration? Contact Y-Axis, the world’s No.1 overseas immigration consultancy, for end-to-end assistance!

For recent immigration updates on the US, check out Y-Axis US Immigration News!