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The New Coffee Room

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

1000 Gold Cards

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  • 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

        1 Reply Last reply
        • 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

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              • 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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