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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. 1000 Gold Cards

1000 Gold Cards

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  • MikM Offline
    MikM Offline
    Mik
    wrote on last edited by
    #17

    I'm pretty sure if you can afford the $5M without sweating it you'd be a pretty welcome immigrant.

    "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

    1 Reply Last reply
    • X Offline
      X Offline
      xenon
      wrote on last edited by xenon
      #18

      What’s the point though, is my question, when the eb5 exists and you get to keep your money with it?

      I’m asking from the immigrant’s perspective.

      taiwan_girlT AxtremusA 2 Replies Last reply
      • MikM Offline
        MikM Offline
        Mik
        wrote on last edited by
        #19

        That's what I meant. I doubt the gold card would make you more desirable. Not sure what red tape it cuts.

        "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

        1 Reply Last reply
        • X xenon

          What’s the point though, is my question, when the eb5 exists and you get to keep your money with it?

          I’m asking from the immigrant’s perspective.

          taiwan_girlT Offline
          taiwan_girlT Offline
          taiwan_girl
          wrote on last edited by
          #20

          @xenon said in 1000 Gold Cards:

          What’s the point though, is my question, when the eb5 exists and you get to keep your money with it?

          I’m asking from the immigrant’s perspective.

          That was my question. There was already a process to get a permanent resident that also included creating jobs.

          The new gold car does not mean there will be any jobs created. No need to do so.

          1 Reply Last reply
          • X xenon

            What’s the point though, is my question, when the eb5 exists and you get to keep your money with it?

            I’m asking from the immigrant’s perspective.

            AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on last edited by
            #21

            @xenon said in 1000 Gold Cards:

            I’m asking from the immigrant’s perspective.

            Speed and predictability ... some people are willing to pay for those.

            X 1 Reply Last reply
            • AxtremusA Axtremus

              @xenon said in 1000 Gold Cards:

              I’m asking from the immigrant’s perspective.

              Speed and predictability ... some people are willing to pay for those.

              X Offline
              X Offline
              xenon
              wrote on last edited by
              #22

              @Axtremus said in 1000 Gold Cards:

              @xenon said in 1000 Gold Cards:

              I’m asking from the immigrant’s perspective.

              Speed and predictability ... some people are willing to pay for those.

              Seems like a tiny market of people willing to give away $5m vs setting up even a crappy business with an administrator that would easily pass the $800k threshold.

              I’m not saying you’re wrong… but someone would have to be in a pretty hurried, specific position for that. Or $5m for them is absolute chump change.

              1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #23

                I would think the latter.

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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                • HoraceH Offline
                  HoraceH Offline
                  Horace
                  wrote on last edited by
                  #24

                  Way easier and maybe in the long run cheaper than the 800k investment visa.

                  Education is extremely important.

                  1 Reply Last reply
                  • MikM Offline
                    MikM Offline
                    Mik
                    wrote on last edited by
                    #25

                    I suppose I don't really care why they do it. $5B is $5B.

                    "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                    X 1 Reply Last reply
                    • taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on last edited by
                      #26

                      But you can get a Nauru passport for only USD$100K!!! LOL

                      https://www.thetimes.com/world/australasia/article/nauru-sells-passports-for-100k-which-give-visa-free-entry-to-uk-m6vxvkmxv

                      In 2025, the island country of Nauru, located in the South Pacific between the Solomon Islands and Marshall Islands, launched its new passport scheme, allowing people to purchase citizenship through investment. It's the destination's way of raising as much cash as possible to move many of its 12,000 citizens to higher ground as the coastal areas of the eight-square-mile island are getting ravaged by erosion due to climate change. Additionally, large swaths that were once used to mine phosphate deposits (an ingredient in fertilizer) have both dried up and made some 80 percent of the land uninhabitable

                      1 Reply Last reply
                      • MikM Mik

                        I suppose I don't really care why they do it. $5B is $5B.

                        X Offline
                        X Offline
                        xenon
                        wrote on last edited by xenon
                        #27

                        @Mik said in 1000 Gold Cards:

                        I suppose I don't really care why they do it. $5B is $5B.

                        I don’t know if there actually is that much demand for it. There is no gold visa that exists right now. Congress needs to pass it first. Lutnick just talking shit.

                        HoraceH 1 Reply Last reply
                        • X xenon

                          @Mik said in 1000 Gold Cards:

                          I suppose I don't really care why they do it. $5B is $5B.

                          I don’t know if there actually is that much demand for it. There is no gold visa that exists right now. Congress needs to pass it first. Lutnick just talking shit.

                          HoraceH Offline
                          HoraceH Offline
                          Horace
                          wrote on last edited by
                          #28

                          @xenon said in 1000 Gold Cards:

                          @Mik said in 1000 Gold Cards:

                          I suppose I don't really care why they do it. $5B is $5B.

                          I don’t know if there actually is that much demand for it. There is no gold visa that exists right now. Congress needs to pass it first. Lutnick just talking shit.

                          Is a new style of visa something that congress needs to pass?

                          Education is extremely important.

                          1 Reply Last reply
                          • X Offline
                            X Offline
                            xenon
                            wrote on last edited by
                            #29

                            Yes. It’s supposed to replace eb5. It needs to be done by Congress. Also it’s supposed to come out mid-March.

                            1 Reply Last reply
                            • X Offline
                              X Offline
                              xenon
                              wrote on last edited by
                              #30

                              Wait - Lutnick says they already sold 1000. How’d they do that without the program existing?

                              1 Reply Last reply
                              • HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #31

                                Musk is familiar with that. He sold lots of full-self-driving vehicles before that existed.

                                Education is extremely important.

                                1 Reply Last reply
                                • X Offline
                                  X Offline
                                  xenon
                                  wrote on last edited by
                                  #32

                                  Ah right. So the executive branch is now beta testing legislation before Congress releases it.

                                  1 Reply Last reply
                                  • taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote last edited by
                                    #33

                                    https://www.forbesmiddleeast.com/industry/business/trump-gold-card-visas-admission-of-failure-gets-80-price-cut-1

                                    On Friday, President Trump signed an executive order launching the Trump Gold Card immigration visa, which he announced on social media as being “available for $1 Million Dollars for individuals”—instead of the previously touted $5 million price—and promising “U.S. residency in record time.”

                                    “This is an admission of failure if they cut the price by 80%,” Nuri Katz, founder of Apex Capital Partners, who has for three decades provided investment immigration guidance to ultra-high-net-worth clients, told Forbes in a text over the weekend.

                                    The revamped TrumpCard.gov website also invites applicants to join a waiting list for a new $5 million Trump Platinum Card, which would grant “the ability to spend up to 270 days in the United States without being subject to U.S. taxes on non-U.S. income.”

                                    A third product, the $2 million Trump Corporate Gold Card, promises “U.S. residency in record time” for select employees and allows businesses to “transfer access from one employee and grant it to another.”

                                    The United States already has an immigrant investment program called the EB-5 visa, which offers a path to permanent residency through an investment of between $800,000 and $1 million in an infrastructure project or U.S. commercial enterprise, and a promise to “create or preserve 10 permanent full-time jobs for qualified U.S. workers.”

                                    Before Trump Gold Card visas can be implemented, Congress would need to create new immigration and tax laws, multiple immigration experts told Forbes.

                                    AxtremusA 1 Reply Last reply
                                    • taiwan_girlT taiwan_girl

                                      https://www.forbesmiddleeast.com/industry/business/trump-gold-card-visas-admission-of-failure-gets-80-price-cut-1

                                      On Friday, President Trump signed an executive order launching the Trump Gold Card immigration visa, which he announced on social media as being “available for $1 Million Dollars for individuals”—instead of the previously touted $5 million price—and promising “U.S. residency in record time.”

                                      “This is an admission of failure if they cut the price by 80%,” Nuri Katz, founder of Apex Capital Partners, who has for three decades provided investment immigration guidance to ultra-high-net-worth clients, told Forbes in a text over the weekend.

                                      The revamped TrumpCard.gov website also invites applicants to join a waiting list for a new $5 million Trump Platinum Card, which would grant “the ability to spend up to 270 days in the United States without being subject to U.S. taxes on non-U.S. income.”

                                      A third product, the $2 million Trump Corporate Gold Card, promises “U.S. residency in record time” for select employees and allows businesses to “transfer access from one employee and grant it to another.”

                                      The United States already has an immigrant investment program called the EB-5 visa, which offers a path to permanent residency through an investment of between $800,000 and $1 million in an infrastructure project or U.S. commercial enterprise, and a promise to “create or preserve 10 permanent full-time jobs for qualified U.S. workers.”

                                      Before Trump Gold Card visas can be implemented, Congress would need to create new immigration and tax laws, multiple immigration experts told Forbes.

                                      AxtremusA Offline
                                      AxtremusA Offline
                                      Axtremus
                                      wrote last edited by
                                      #34

                                      @taiwan_girl said in 1000 Gold Cards:

                                      The revamped TrumpCard.gov website also invites applicants to join a waiting list for a new $5 million Trump Platinum Card, which would grant “the ability to spend up to 270 days in the United States without being subject to U.S. taxes on non-U.S. income.”

                                      A third product, the $2 million Trump Corporate Gold Card, promises “U.S. residency in record time” for select employees and allows businesses to “transfer access from one employee and grant it to another.”

                                      Haha, so predictable: https://nodebb.the-new-coffee-room.club/post/333932 😄

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