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The immigration gold card featuring Trump's portrait is unveiled! Pay five million dollars to become a proper American.
On Thursday, U.S. President Trump showcased the new immigrant gold card to the media while aboard Air Force One. The new immigrant gold card features Trump's portrait and is named The Trump Card (川普卡). When asked who was the first to apply for the card, Trump claimed it was himself, and he didn't forget to promote it by stating that for five million dollars, one could own a Trump gold card, which could be received in just two weeks. It seems that the Trump Card has suddenly become a new business model. In addition to issuing meme coins, NFTs, and various merch, Trump's portrait is also printed on the immigrant gold card, making him the first president in U.S. history to turn his own image into various products.
The investment immigration threshold of five million USD is far higher than the previous EB-5 investment immigration program, which only required preparing 1 million USD to open a company in the United States to obtain a U.S. residence visa. Moreover, now foreigners have another option; to move to Japan, where foreigners only need 5 million yen to relocate. If Trump is setting new policies aimed at wealthy Chinese, then the rich people from China have all moved to Japan.
Trump Gold Card VS EB-5 Investment Immigration Visa Program
At the end of last month, Secretary of Commerce Howard Lutnick announced the sale of 1,000 gold cards, raising $5 billion in a single day. Howard Lutnick also claimed that the gold card visa program has had 250,000 applicants.
The Trump Gold Card program will provide U.S. residency to individuals who invest $5 million in American companies, preparing to replace the existing EB-5 visa and fundamentally reform the outdated U.S. immigration system. Supporters believe that the new Gold Card could bring substantial capital to the U.S., while critics argue that it should still be open to high-tech talent. Trump's close associate, Musk, believes that high-tech talent should have more opportunities to work in the U.S. The Trump Gold Card replaces the current EB-5 investment immigration visa with a new program that grants U.S. citizenship to foreign investors in American companies.
Under the current EB-5 program, applicants can pay a fee ranging from $100,000 to $200,000 to the United States Citizenship and Immigration Service (USCIS) and invest between $800,000 to $1,000,000 in a U.S. business to create at least ten jobs in order to obtain residency. There are many criticisms of the EB-5 program, as there are often scams that exploit the EB-5 investment immigration title to defraud investors, leading to numerous issues.
Among the benefits of the Trump Gold Card is that its holders are happier than American-born citizens, as they do not have to pay U.S. taxes on overseas income. Americans, regardless of where they work around the world, are required to report and pay taxes according to the law. David Lesperance, a managing partner at Lesperance & Associates, stated that if existing U.S. tax laws were modified to allow cardholders to only pay U.S. territorial taxes, it would be an attractive incentive for immigrants.
Taiwan Employment Gold Card provides international talent with the opportunity to apply for residency.
The Trump Gold Card welcomes wealthy individuals to invest in the United States in exchange for residency, and many critics believe this policy does not take high-tech talent into account, measuring citizenship eligibility solely based on financial resources. Taiwan launched the Employment Gold Card in 2018. The card integrates four permits: work permit, residency visa, alien residence certificate, and re-entry permit, aiming to attract talent in technology, economy, and the arts to work and reside in Taiwan. According to data from the Employment Gold Card Office, Taiwan has issued 7,707 Employment Gold Cards since 2018.
In addition to the employment gold card, Taiwan also has an investment immigration program, where an investment of more than NT$15 million in a profit-making business and the creation of employment opportunities for more than five locals for three years can also apply for a foreign permanent residence certificate ( plum blossom card (. ) Source: Immigration Department Chinese Website (
It's not easy for foreigners to become Taiwanese.
According to the current regulations of the Ministry of Foreign Affairs, even though there is an employment gold card available for foreign nationals to apply, certain basic conditions must be met to apply for naturalization as a Taiwanese citizen. Among these, the description of "substantial property" is quite vague, with no specific monetary amount provided.
The following are the basic conditions:
Through the method of applying for family reunification by marrying a Taiwanese person, Chinese spouses can come to Taiwan to work and live with almost no barriers. Should the guarantee threshold be raised in the future? At least, there should be no requirement for investment, and they should not spread violent rhetoric.
In recent years, the United States has suffered greatly from illegal immigration and low-quality smugglers. After Trump took office, significant changes were made to immigration policy, sending away many illegal immigrants and raising investment thresholds. Although the smell of money is strong, in essence, it has also implemented higher-level protections. Taiwan's immigration laws should also be revised.
This article features the immigration gold card with Trump's portrait! Paying five million dollars allows you to become a proper American. It first appeared in Chain News ABMedia.