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Trump's 5 million dollar 'Golden Card': a revolution in immigration policy or a game for the rich?
The essence of the "Gold Card" program is a national-level wealth filtering experiment. The Trump administration has clearly marked the price for immigration eligibility: a payment of $5 million in cash to the federal government, without the need to invest in physical projects or create jobs, directly obtaining a green card while retaining the pathway to citizenship. This stands in stark contrast to the existing EB-5 visa, which requires an investment of $800,000 to $1.05 million in projects in economically distressed areas, along with the creation of at least 10 jobs. When reporters asked, "Are Russian oligarchs eligible to buy in?" Trump responded with a smile: "Yes, possibly. I know some Russian oligarchs are good people." Secretary of Commerce Wilbur Ross jokingly remarked, "They aren't as rich as they used to be," but was quickly interrupted by Trump: "They can still afford $5 million." This exchange ignited a media storm. On Twitter, the hashtag #GoldenScam spread rapidly, and an immigration lawyer sarcastically commented: "When money laundering meets official certification, this is the commodification of citizenship in the 21st century." Opponents lambasted it as "auctioning American passports," while supporters viewed it as a breakthrough in solving the national debt crisis. More pointed criticism focuses on the gap in policy fairness. Amid the tightening of study and work visas under Trump, the immigration path has been squeezed into two extremes: on one end are super-rich individuals paying exorbitant "entry fees," and on the other are illegal immigrants risking crossing the border. A netizen sharply commented: "Legal immigration has become a luxury, which completely betrays the spirit of equality of the American Dream." Political promises often fade more easily than gilded cards in the face of power shifts.
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The average American will have nowhere to go
Trump raises funds from supporters through fundraising methods like the 'Golden Card' program, using political donations for personal campaigns or legal defenses (such as criminal charges) rather than genuinely serving public policy. This approach not only exacerbates social division but also intensifies the opposition in American society. Trump's controversial poli
tical style, often centered on racial issues and immigration policies, can further fuel the divide among his supporters through the' Golden Card 'program. The Democratic Party argues that Trump's refusal to concede defeat after the 2020 election and his use of political tools like the 'Golden Card' are attempts to perpetuate false narratives of 'election fraud,' undermining the credibility of the election. The American public is tired of Trump's political tactics, and the' Golden Card 'program is a product of his political polarization. The original EB-5 investment immigration visa requires investors to create at least 10 jobs in the United States, whereas the' Golden Card 'program does not include this requirement. This suggests that the' Golden Card' could replace some EB-5 applications, potentially reducing the number of jobs directly created by investments, particularly in small and medium-sized enterprises or regional center projects (such as manufacturing and tourism), slowing job growth and affecting the stability of workers in these sectors. It could also lead to more ordinary people losing their jobs, further eroding American industry.
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