Trump Gold Card: A $5 Million Path to US Residency
Trump Wants $5 Million Gold Card for Investors
US President Donald Trump has espoused the concept of a new visa, the “gold card,” costing $5 million, aimed at attracting wealthy investors to the US. This would potentially replace the EB-5 visa. It is through which a green card is often issued to foreign persons making investments in job-creating projects.
Also, Trump mentioned in his Oval Office speech, “We will be providing a gold card… It will give you green card benefits along with a pathway to citizenship.” It is being touted to attract the wealthy class from around the world, especially here in India.
What ₹43 Crore Can Get You in India?
Conversion of $5 million for Indians stands approximately around ₹43 crore. So, it becomes quite a luxurious amount for domestic investments as well.
Luxury Real Estate
For ₹43 crore, one can buy luxury apartments in Mumbai, Delhi, Gurugram, or Bengaluru. In Calcutta and other outlying cities, you can avail ultra-luxury real estate options.
Passive Income via Investment
A bank fixed deposit for ₹43 crore can earn roughly ₹3 crore by way of passive income. Investing in the stock market or gold can give even better returns.
Rolls-Royce Fleet
For an amount of 43 crore, one can procure three Rolls-Royce Phantom VIII EWB models for around ₹12 crore each and still have some money left to spare.
Philanthropy & Community Service
With ₹43 crore, at least 4.68 crore mid-day meals can be provided to children and leave behind a significant mark on social change.
Travel & Lifestyle
A global traveller could hit the world’s 217 places with each travel budgeted at ₹20 lakh, thereby assuring him a lifetime of zeal and yearning.
The Gadget Tree
With ₹1,20,000 for the iPhone 16 Pro, over 3,600 units could be bought for ₹43 crore.
Trump’s Gold Card scheme may entice wealthy Indians wanting to live in the US, but equivalent investments within India assure of plush living conditions. It is still premature, as per recent news updates, to ascertain how the initiative would affect international immigration patterns from season to season.
