Thursday, July 10, 2025

Creating liberating content

MUMBAI: Clean Fanatics, a premium marketplace specialising in high-quality home

Access Denied You don’t have permission to access ” on

Related News

RBI Governor Sanjay Malhotra on Thursday briefed the Parliamentary Standing Committee on Finance on the state of the Indian economy, assuring lawmakers that the country was performing well despite global

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

MUMBAI: Clean Fanatics, a premium marketplace specialising in high-quality home services has raised $2 million in a seed round led by Inflection Point Ventures. The round also saw participation from

Access Denied You don’t have permission to access ” on this server. Reference #18.4cfdd417.1752162411.1968723b Source link

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

Tesla has scheduled its annual shareholder meeting for November 6, just a day after a group of major investors pushed the board to declare a date, but the move has

Trending News

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

US stocks started on a cautious note Thursday despite a surge in airline shares led by Delta Air Lines, which posted strong quarterly results and raised its outlook for the

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old US cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group

Unemployment benefit claims in the United States dipped last week,falling to a historically healthy range over the past couple years. These figures offer another sign of strength in the country’s

Companies that rank highest on diversity are delivering a clear financial edge, with a new study showing that inclusive firms recorded nearly 50% more profit after tax (PAT) than their

Trump Gold Card: Gold Card visa too expensive? US confirms selling 1,000 a day

Word Count: 648 | Estimated Reading Time: 4 minutes


Gold Card visa too expensive? US confirms selling 1,000 a day
Commerce secretary Howard Lutnick said he sold 1,000 Gold Card a day.

Donald Trump’s Gold Card visa needs an individual to pay straight $5 million to get US citizenship while the administration is concentrating on sweeping the ‘illegal’ ones out. While the program triggered discussions on whether it is too expensive for US citizenship, commerce secretary Howard Lutnick said he sold 1,000 Gold Cards a day. “There are 37 million people in the world who are capable of buying the card… The president thinks we can sell a million,” Lutnick said speaking on All-In Podcast.
Lutnick said Trump got the idea of the Gold Card during a meeting he had with investor John Paulson. Lutnick was then taken in the loop to figure out how to do it. Elon Musk is building the software, Lutnick said.
On why anyone should buy the Gold Card, Lutnick said had he not been an American, he would have bought six Gold Cards, one for him, one for his wife and other family members — so that if something happens like war or any other crisis, he could have come to the US and start afresh — starting a new business.
Lutnick elaborated that the Gold Card would replace the traditional green card, granting holders permanent US residency. While cardholders could pursue citizenship, he suggested most would opt against it to avoid US global taxation. Priced at $5 million each, the cards would offer the right to live in the US indefinitely.

What is US Gold Card?

Prices at $5 million, the Gold Card program would replace the EB-5 immigrant investor visa program. EB-5s were created in 1990 as a method for immigrants to obtain green cards in which a person must invest at least $1 million in a company –or $800k in a low-income area – that employs at least 10 people. In 2024, more than 4,500 EB-5 visas were issued.
Trump said there would be no cap on the number of gold cards issued.
.





Source link

Sign In

Welcome ! Log into Your Account