Trump proposes $1 million visa program for revenue

President Trump has introduced a “gold card” visa for wealthy foreigners wishing to immigrate to the U.S. by paying $1 million, with applications now open. This expedited visa process, which includes a $15,000 fee and requires a background check, aims to replace the slower EB-5 visa system. The gold card allows for quicker residency approval and potential citizenship after five years, while also providing options for corporations to secure visas for employees. Funds generated from this initiative are intended to benefit the U.S. government.

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