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Trump offers a “gold card” worth $ 5 million and gives American citizenship

On Thursday (3), US President Donald Trump presented the gold card, which was announced in February, which will give American citizenship at $ 5 million.

The president said: “Five million. For $ 5 million, it may be for you. It was the first cards. Do you know what this card is? It is a gold card, the Trump card,” the president said.

When he was asked who would be the first buyer, the Republican said that he himself said he did not know who would be the second, but that is “You will go out in less than two weeks”.

The correspondents were announced while the Republican was on the first air force, on his way to Miami.

What is the difference between the green and golden card?

The green card is the American document for permanent residency.

It is a permanent migration visa that the American authorities give that, unlike other types of visas-migratory visas, used by people who travel to tourism, temporary work or study, for example it does not bring restrictions to the owner.

In other words, those who have a green card acquires, in practice, all the rights of an American citizen, and power, leave and enter the country without restrictions.

S. Gold CardAs the US President said, “He will give the green card privileges.” The difference is that it is paid, and it can be purchased for $ 5 million.

A golden card presented by Trump. • Reproduction/Reuters

It will also work

According to Trade Secretary Howard Lootnick, the new card is seeking to replace the government’s EB-5 immigrant visa program, which allows investors from other countries to pump money into projects in the United States and then request visas to migrate to the country.

The EB-5 program, created by Congress in 1992, is currently giving green cards to migrants who invest in minimal investment at least $ 1.05 million, or $ 800,000 in economically deprived areas, to create jobs for American workers, according to American immigration and citizenship service.

Immigration law experts say that ending or changing the EB-5 program will require Congress to act.

*With information from Reuters

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