Trump Unveils $5M ‘Gold Card’ for Immigrants: A VIP Path to US Citizenship

Diario As

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00:00Mr. President, there are approximately 2 million federal employees right now.

00:05By the end of your term, what do you expect that number to be?

00:09What would you like that number to be?

00:10Well, it'll be lower, but I can't tell you.

00:12Everybody knows I ran on downsizing government, but making government better.

00:16I ran on tariffs and making our country rich, and that's what it's going to do.

00:21We're going to be doing something else that's going to be very, very good.

00:24We're going to be selling a gold card.

00:30You have a green card.

00:31This is a gold card.

00:32We're going to be putting a price on that card of about $5 billion, and that's going

00:36to give you green card privileges plus.

00:39It's going to be a route to citizenship, and wealthy people will be coming into our country

00:44by buying this card.

00:46They'll be wealthy, and they'll be successful, and they'll be spending a lot of money and

00:50paying a lot of taxes and employing a lot of people.

00:53And we think it's going to be extremely successful.

00:56Never been done before anything like this, but it's something that we're going to be

00:59putting out over the next, would you say, two weeks out?

01:02Two weeks.

01:03Do you want to say a couple of words about it?

01:04Sure.

01:05Mr. President-

01:06Wait a minute.

01:07Hold on a second.

01:08Do you have to invest a certain amount of money in this country in order to qualify

01:11for that gold card?

01:12Yeah, exactly.

01:13So the EB-5 program was really, you lend some money, but it was full of nonsense, make believe

01:23in fraud, and it was a way to get a green card that was low-priced.

01:27So the president said, rather than having this sort of ridiculous EB-5 program, we're

01:31going to end the EB-5 program, we're going to replace it with the Trump gold card, which

01:37is really a green card gold, so they'll be able to pay $5 million to the U.S. government.

01:42They'll have to go through vetting, of course.

01:44We're going to make sure they're wonderful, world-class, global citizens.

01:48They can come to America.

01:50The president can give them a green card, and they can invest in America, and we can

01:55use that money to reduce our deficit.

01:59Why do we give out lotteries of green cards?

02:01Why do we give out EB-5 for green cards?

02:03The president of the United States understands that the right answer is, why don't we eliminate

02:08the deficit of the United States of America instead?

02:12The gold card, the gold card, well, millions, but the gold card will bring in with it people

02:20that create jobs, very high-level people.

02:25I think companies will pay to get people in.

02:27For instance, you today graduate from the Wharton School of Finance or Harvard or Stanford

02:36or any college, and nobody knows if you can even go to work for a company.

02:42So Apple and all these companies that want to get people to be working for them will

02:47be able to buy a card.

02:50For the people that are number one in their class at top schools, I see that as one of

02:55the things.

02:56But generally speaking, it'll be people with money and people that create jobs.

03:00They won't have to pay any tax on income outside of the United States, which they're not paying

03:05right now.

03:06They're not citizens.

03:07But they'll have to pay if they create jobs in the United States, they'll pay full taxes

03:11like everybody else.

03:12So you're getting big taxpayers, big job producers, and we'll be able to sell maybe a million

03:19of these cards, maybe more than that.

03:22And if you add up the numbers, they're pretty good.

03:24As an example, a million cards would be worth five trillion dollars, five trillion.

03:30And if you sell 10 million of the cards, that's a total of 50 trillion dollars.

03:36Well, we have 35 trillion in debt.

03:38That'd be nice.

03:39So we'll see.

03:40It could be great.

03:42Maybe it will be fantastic.

03:46We have it all worked out from the legal standpoint.

03:49It's totally legal to do.

03:52Has it been done before?

03:53It's been done in many different forms.

03:54We give them away.

03:56Why should we give them away?

03:57We shouldn't give them away.

03:59And I think it's something very exciting.

04:01I think it's potentially just something that we're all very excited about.

04:06So it's a gold card.

04:08It's somewhat like a green card, but at a higher level of sophistication.

04:13It's a road to citizenship for people and essentially people of wealth or people of

04:18great talent, where people of wealth pay for those people of talent to get in, meaning

04:23companies will pay for people to get in and to have long long term status in the country.

04:31And I think it's something we're very, very happy about.

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