$5 billion in a day? Trump’s ‘Gold Card’ sells 1,000 units in 24 hours, claims aide Lutnick
The “Golden Card” initiative of the Donald Trump administration has already seen a major distance of $ 5 million for the United States, 1,000 cards have been sold in one day, and a trade secretary Hayard Lutnik demanded. The growth of $ 5 billion indicates the first success of the program, which aims to increase $ 5 trillion by selling one million cards to rich investors.
The gold card designed for replacing an existing EB-5 investment visa, eliminates the requirement of job creation and offers a quick way to reside. President Donald Trump believes that the program will attract rich people who will stimulate the economy through expenses, investment and taxation.
“There are 37 million people in the world who are able to buy the card … The President thinks that we can sell one million,” Lutnik said, expressing confidence in the long-term success of the program. The initiative has already caused global interest, “I revealed a thousand thousand people.” Project funds are designed to reduce the US national debt, which currently is $ 36.2 trillion.
To simplify programs, it is reported that Elon Musk is developing a special software platform, which is planned to run in two weeks. Meanwhile, Trump discusses the initiative as a “trump card” to increase his appeal. “My people want to call it a trump card because the trump card sells much better than the golden card,” he said.
Although the golden card program is already running, it can still demand the approval of the Congress for full implementation. However, with $ 5 billion raised in one day, the Trump team sees it as a game-exchange for US immigration and economic policy.