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Autism Capital 🧩|Feb 26, 2025 17:27
🚨NEW: Howard Lutnick and Trump expand on the Trump "Gold Card" program
LUTNICK: "The old EB-5 program was poorly overseen and poorly executed. You invested 1M and got a visa and that would lead to a green card. There was no vetting.
The new idea here is that we will have a proper agreement here where for 5M they'll get a license from the Department of Commerce, make an investment in the old EB-5 program, and be able to do business in the US.
200,000 of these Trump Gold Cards are 1T to pay down the debt."
TRUMP: "You don't have to promise to create any certain amount of jobs. They can be people hired right out of college. A company like Apple may want to make an investment in a person, like an athlete.
We don't want to lose global talent, this allows companies to pay for them if they want them. The Gold Card is also a path to citizenship. I think we're going to sell a lot of these.
1M Gold Cards is 5T. 10M Gold Cards is 50T. That means are debt is totally paid off. I don't know if we'll sell that many, but we're going to sell a lot.
Everybody wants to come to America. And they'll all be vetted."
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