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.

President Donald Trump said he is starting a program which would offer residency and a path to citizenship for investors who commit at least $5 million to projects in the US.

Trump said the program, dubbed the “gold card,” would launch in two weeks, adding that he did not believe his administration needed to secure approval from Congress.

“We’re going to be selling a gold card,” Trump said Tuesday in the Oval Office as he signed executive orders alongside Commerce Secretary Howard Lutnick.

“We’re going to be putting a price on that card of about $5 million, and that’s going to give you green card privileges,” he added, referencing the permits currently issued to US permanent residents.

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  • @UnderpantsWeevilEnglish
    2•4 hours ago

    “Free” land was a huge step up from being a serf or a conscript in some European fief. Also, the US was one of the first western nations to implement public education, un-tolled roadways, and public utilities. But you were still a cog in a much larger machine. You just had a bit more autonomy than someone “bound to the land” or otherwise pinned in by rival military powers.

    • @NocturnalMorning
      1•4 hours ago

      I mean, it wasn’t free, we killed all the people who lived here and stole their land. Much more accurate description of what really happened.

      • @UnderpantsWeevilEnglish
        1•4 hours ago

        Hence the quotes.

        The primary reason for the genocide and subsequent settler occupation was to establish a more pliant population. Initially, that was through the Trans-Atlantic Slave Trade (the Haitian island being the Ur-example - exterminate the natives and kidnap people across the ocean to press gang into service). European migration became a more “free market” alternative.

        But the European migration worked in large part because Europeans were fleeing the same kind of Haitian-tier exploitation in Europe. For European refugees (many of whom fled the 30 Years, Napoleonic, and WW1 eras of conflict) the US was absolutely a step up.