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Trump intends to sell American citizenship for $5 million.

The President of the United States plans to abolish the EB-5 program and introduce a fixed fee for the "golden card." Trump confirmed that Russian oligarchs will also be able to take advantage of the new citizenship acquisition scheme.
Trump intends to sell American citizenship for $5 million.

U.S. President Donald Trump announced that he will replace the visa program for foreign investors with a "golden card" priced at $5 million for obtaining American citizenship. This was reported by Reuters, as noted by UNN.

Details

The publication highlights that Trump aims to eliminate the EB-5 program, which allowed individuals to obtain the so-called "golden card" by investing in the U.S. and creating new jobs. Similar to the well-known "green card," this offers residency in America with the prospect of quick citizenship acquisition.

Trump intends to sell "golden cards" for a fixed amount, which, in the president's view, should be set at 5 million dollars. This way, he hopes to "invite wealthy individuals to the U.S. who will gain citizenship."

When asked by reporters if Russian oligarchs could take advantage of such a scheme, Trump responded affirmatively. He added that he "knows some Russian tycoons who are very nice people."

Reminder

Attorneys General from 22 states have filed a lawsuit to block President Donald Trump's move to end a century-old immigration practice known as birthright citizenship.

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