Trump says he will charge $ 5 million for ‘Gold Card of Residence’ in the USA

Republican believes companies will pay to certain employees to have a card. Trump pointed out that the card will also be intended for companies that would like to bring employees without citizenship from other countries. Currently, the United States has work visas.

Trump believes project will not depend on Congress approval. The Republican pointed out that he should take effect in two weeks.

United States have a similar program that must be completed. Today, foreigners can apply to EB-5 visa to become legal residents if they invest in an American company and create at least 10 jobs for Americans. The minimum amount invested is $ 800,000 in needy areas, such as rural or high unemployment, or $ 1.05 million in ordinary areas.

Trade Secretary argued that former program was full of “lies and fraud”. Howard Lutnick said alongside Trump that EB-5 visas are “low price”, so the government will end and replace it with Trump’s “Golden Card.” “We can use this money raised to eliminate our deficit.”