Donald Trump’s ‘Gold Card’ or ‘Golden Visa’ scheme, which provides permanent residence and alternative citizenship of the United States for $ 5 million, has become a hit per card, if the claim of US Commerce Secretary Howard Lutnik is really true. Mr. Howard said that he sold 1,000 ‘gold cards’ in a single day, because people are lining for it.
The Commerce Secretary also said that the program would officially roll out “in about two weeks”, saying “Elon Musk is currently creating software for it, and then it goes out in about two weeks … and by the way, yesterday, yesterday I sold a thousand.” Shri Lutnik said this on ‘All-in Podcast’.
He then explained that “If you are an American citizen, you pay global tax. Therefore, outsiders will definitely not come to the US to pay global tax. Therefore, if you have a green card, now the gold card, you will be a permanent resident of America (without paying tax).
Commerce Secretary Howard Lonik said that the US sold 1,000 “Golden Visa” ** $ 5 million in just one day. This brought the country a huge ** $ 5 billion **. The program, which gives investors the right to live, is in extremely high demand. pic.twitter.com/d4dfhc8qat
– Teplitsa for business (@teplitsa_) March 21, 2025
“What they are going to do, have the right to live in America (for indefinitely, and at any time they want) by paying $ 5 million. They will be waiting, so they will be good people – they will be good people. They will always follow the law. America can always cancel it if they can do evil or involved in illegal activity. For my wife, and my four children, because I have some disasters, then I am going to go and fly for the US I give the right to ‘Ghar’.
He then said that according to a research with Trump administration, “There are 37 million people in the world who are capable of buying gold cards.” He mentioned that President Trump believes “we can sell a million”. The funds generated from this government program will be used to allegedly reduce the fiscal deficit or national debt of the US.
Announcing the plan, Donald Trump had said that there would be no annual limit for the number of gold cards issued. It is being sold only one day with a claim of 1,000 – it is $ 5 billion in 24 hours – it can definitely claim to have a promising start.
