Because the program is likely to be implemented quickly, Kalshi is betting heavily on how many gold tickets President Donald Trump will be able to offer in 2025. Trump claimed he was the first customer of the platinum card that comes with his picture despite the fact that he is a US citizen and that these gold cards, worth$ 5 million, will grant him legal permanent residency in the US.
Due to Trump’s lack of authority to grant lawful permanent residents the right to obtain a gold card, authorities believe the program could only be implemented theoretically. The Immigration and Nationality Act lists the constitutional refugees who can become permanent residents.
Gold card holders will not be required to pay any foreign taxes, but only income earned there from domestic sources.
Prior to this plan, Commerce Secretary Howard Lutnick claimed that 37 million people could buy the Gold cards, and that Trump believes he may sell 1 million of them. Although the betting began with more than 1, 000 because Lutnick previously claimed to have sold 1, 000 silver cards in a day, the average forecast for the Kalshi betting industry is around 57.
However, the platinum tickets are still in use, and it is not yet known how he claimed that number.
Lutnick claims that the Trump silver cards increases his standing.
A single person requested 10 Trump Gold Cards at the most recent case conference on Wednesday, according to Lutnick. As I travel, I notice that the interest is on the Trump platinum cards. It makes me really popular, in my opinion, Lutnick. One said,” Can I get 10?'” as I was out for dinner last night. How can I purchase 10? And I’m like,” That’s pretty good.” $ 50 million for dinner is involved. You’re correct, it’s paying for my breakfast, right?
A webpage is being developed by DOGE, the Department of State, the Department of Homeland Security, and the US Citizenship and Immigration Services.
