The U.S. Commerce Secretary, Howard Lutnick, recently revealed in a media interview that around 250,000 individuals are currently in the queue to apply for the coveted 'Gold Card' visa. With a hefty price tag of $5 million each, this visa initiative has the potential to generate an astonishing $1.25 trillion in revenue for the United States.
Lutnick elaborated that applicants for the 'Gold Card' will undergo a thorough review process aimed at ensuring that only those with a robust entrepreneurial spirit, relevant skills, and a commitment to economic growth are granted the visa. In a related discussion, President Donald Trump, during a cabinet meeting, expressed a bold proposition: selling 10 million 'Gold Card' visas could not only eliminate the national debt but also create a surplus of an additional $15 trillion.
This ambitious plan outlines a significant opportunity for the U.S. economy, reflecting how immigration policies can be leveraged to foster economic development and financial prosperity..