"An official government webpage promises US residency in record time with the new Trump Gold Card once applicants have paid a $15,000 processing fee to the Department of Homeland Security (DHS), passed a background check and paid up $1m. Per a September executive order, individuals are required to pay $1m, while businesses sponsoring employees are required to pay $2m. Firms then need to pay a 1% annual maintenance fee of $20,000,"
"A Trump Platinum Card is also coming soon, according to the official website. This card will allow holders to spend up to 270 days in the US without being subject to US taxes on non-US income. It will cost $5m. According to Trump, proceeds from the new program will go to an account where we can do things positive for the country and that it will generate many billions of dollars."
New US programs offer paid residency and tax-advantaged permits for wealthy foreigners. Individuals must pay $1m plus a $15,000 DHS processing fee and pass a background check, while businesses sponsoring employees must pay $2m. Employers face a 1% annual maintenance fee ($20,000) and a 5% transfer fee ($100,000) for switching visas between employees. A $5m Platinum Card will permit up to 270 days in the US without US taxation on non‑US income. Proceeds are slated for an account intended for national projects. The initiative arrives alongside intensified deportation efforts and has drawn criticism for favoring the wealthy.
Read at www.theguardian.com
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