COINOTAG revealed on June 12 that former President Trump announced via TruthSocial the launch of an immigration initiative termed the “Gold Card.” This program, priced at $5 million, aims to facilitate legal residency and citizenship for high-net-worth investors. Initially introduced on February 26, the plan outlines a structured pathway to green card privileges without requiring Congressional approval. The initiative is positioned as a dual approach: attracting significant foreign investment while intensifying enforcement against undocumented immigration. By setting a substantial financial threshold, the Gold Card program targets affluent individuals seeking expedited legal status, potentially impacting immigration policy and investment flows. This development underscores a strategic shift in immigration frameworks, emphasizing economic contributions as a criterion for residency eligibility.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024