President Donald Trump said he is starting a program to offer residency and a path to citizenship to investors who pay $5 million, offering a new avenue for legal immigration even as he carries out a sweeping crackdown on undocumented migrants.
Lutnick said the move could replace the existing EB-5 program, which allows immigrant investors to acquire green cards by investing a certain amount toward a business in the US.
This wouldn’t be the worst idea if it went to social programs or is used to provide support to other citizens.
Asked by a reporter if participants would need to invest a certain amount of money to qualify for a gold card, Lutnick responded “yeah, exactly” but suggested that funds for the visa might be paid directly to the government.
Who will invest it in a range of smaller businesses… right?
“They can come to America. The president can give them a green card, and they can invest in America, and we can use that money to reduce our deficit,” he added.
And that’s exactly what I expected instead. Well done. Reduce the deficit caused by lining oligarch coffers with taxpayer funds, skim a cool million or ten to go golfing on your own property, and shovel the rest into the military complex.
From a pay-to-win program intended to support the country right into a pay-to-win program to support the riches of those running it. A clear improvement /s
This wouldn’t be the worst idea if it went to social programs or is used to provide support to other citizens.
Who will invest it in a range of smaller businesses… right?
And that’s exactly what I expected instead. Well done. Reduce the deficit caused by lining oligarch coffers with taxpayer funds, skim a cool million or ten to go golfing on your own property, and shovel the rest into the military complex.
From a pay-to-win program intended to support the country right into a pay-to-win program to support the riches of those running it. A clear improvement /s
Society better nail this shit down FAST.
It won’t be long before the oligarch class has access to automated factories spitting out Unitree G1’s holding rifles.
And then the idea that the mobs can just band together and eat the rich if it gets really bad? yeah… you lose that option…