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Showing posts with the label investment visa

Why Trump‚ Äôs ‚Algol cardo proposal is more complicated than it sounds

Trump's SHOCKING $5 Million Citizenship Plan: Genius or Gimmick? Trump's SHOCKING $5 Million Citizenship Plan: Genius or Gimmick? President Trump's recent announcement of a "$5 million gold card" offering a pathway to US citizenship has sent shockwaves through the immigration world. While the idea sounds simple enough – wealthy foreigners pay $5 million for citizenship – the reality is far more complex and legally questionable. The short answer is no. While Trump's proposal suggests a new visa granting lawful permanent resident status and a path to citizenship, the President doesn't have the power to create such a program unilaterally. This isn't just a matter of opinion; it's a matter of established law. Both Presidents Obama and Biden faced limitations when using executive actions on immigration, highlighting the need for Congressional approval for significant immigration reforms. ...