About 70,000 people have signed for the new US Gold Card, according to the US Commerce Secretary, Howard Lutnick.
Last week, the US announced the launch of the new website that would permit applicants to register their interest in the new visa program, providing basic information like their name, email address and region of the world, VisaGuide.World reports.
Recently, Lutnick said that his department’s internal online dashboard revealed that there is a total of 67,697 people on the waiting list, adding that in a minute, the number increased to a total of 68,703.
The US Commerce Secretary told the Financial Times that the card will be made of gold, stressing that it will be beautiful.
Donald Trump appreciates these kinds of things. He cares about how it looks. He cares about how it feels. I mean, he deeply cares about that, and thinks if you’re going to buy and make this investment in America, we should give you something that is beautiful.
He said the idea for this visa came from billionaire John Paulson, a President Trump supporter. It was meant to help the United States earn money and also lower its $36 trillion debt.
US Eyes Issuing Over 200,000 Gold Card Visas
In addition, according to a report from the Financial Times, the Commerce Department plans to issue a large number of Gold Cards over the summer. In this regard, Lutnick said that issuing a total of 200,000 visas would reap $1tn for the Treasury.
In May, he traveled with the president to Saudi Arabia, Qatar, and the United Arab Emirates. During the meeting with the leaders, he also promoted the new Golden Visa Program.
Whenever I meet with international executives, I always go through it with them and sell it to them. I can’t help myself.
However, the White House is still working on further details of this plan, in spite of the fact that Lutnick said on the All-In Podcast three months ago that it would launch in about two weeks.
The White House still has to work out key details of the plan, even though Lutnick said on the All-In Podcast three months ago that it would launch in about two weeks.
Recently, the United States Commerce Secretary said that wealthy foreigners with $5 million to spare will soon be able to register for the Golden Visa program, giving them the opportunity to live and work in the US permanently.