https://apnews.com/article/investor-...b715fa20914e05
I guess you can buy Trump and access to the country now.
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Trump made no mention of the requirements for job creation. And, while the number of EB-5 visas is capped, the Republican president mused that the federal government could sell 10 million “gold cards” to reduce the deficit. He said it “could be great, maybe it will be fantastic.”
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However, according to UBS as of 2023:
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Out of a population of 8.1 billion people, just 62.4 million are millionaires. That’s 0.8% of the population. There are 8.4 million people globally with a net worth of $5 million or more. Having this level of wealth would put you in the top 0.1%.
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About 20% of those people currently are US Citizens. Also, how many people are going to spend all their wealth just to get a green card? You’d have to assume someone would need to be worth at least $30,000,000 for this to be viable which brings that number down to 650,000 worldwide (then exclude the 150,000 US citizens that fall into that).
I guess he also claims companies will pay $5,000,000 for “top talent” to come to the USA. I’d love to see the ROI for a company investing $5,000,000 just in someone to get a green card for an employee.