The Donald Trump administration has been touting a Gold Card visa that would allow the richest people who are willing to spend$ 5 million to become US citizens, but experts believe it probably doesn’t because it hasn’t yet been made public. Howard Lutnick, the secretary of commerce, described the site TrumpCard. state would get reside within a year, but an analyst told Forbes that it is probably not even actual now that the deadline has passed. Lutnick, however, claimed that during his most recent vacation, he sold Gold Card visa to the Middle East. Lutnick claimed in an earlier meeting that he had sold 1000 of these permits in a single day. According to Nuri Katz, the founder of Apex Capital Partners, the challenges of putting together something like this are difficult. In my 34 years of experience, I have seldom seen anyone spent more than 10 % of their net worth on an immigration system, and it’s typically more like 5 %. You have to be worth$ 100 million to be able to afford this, Katz said, noting that the number of such wealthy people who are willing to contribute$ 5 million is relatively small. Not a million people, not even 200, 000, will be affected if the government introduces the Gold Card immigration system any time soon. Katz said,” It seems to me like they’re backpedaling.” They now have to decide whether or not there actually is curiosity because they will need to spend a lot of political resources to accomplish this, Katz said. He predicted that ultra-wealthy investors may be wary of such a plan and will hold off on more details. We are unsure of where or how to use the data. Did the U.S. government be the only one to use it? Could it be sold to a few secret companies? Elon Musk said he was conducting a silent test of the program a few weeks ago, but now that he is again with his companies, it is unknown what happened to the Gold Card card system.” It’s going to be a very powerful databases of wealthy people,” Musk said.
