1000 US Gold Cards for permanent residency sold in a day

President Donald Trump's 'Gold Card' or 'Golden Visa' scheme, which offers permanent residency and optional citizenship of the United States for $5 million, seems to have become a hit as per the claims made by Commerce Secretary Howard Lutnick, said reports.Howard said he sold 1,000 'Gold Cards' in a single day and more people are applying for it. The Commerce Secretary also said that the program will officially roll out "in about two weeks".In February, Donald Trump announced the introduction of the Gold Card scheme which will provide rich and wealthy immigrants a chance to easily gain American citizenship by paying a fee of USD 5 million.
Lutnick said the new card will replace the government’s EB-5 immigrant investor visa program.The US Citizenship and Immigration Services runs the EB-5 Programme of the US government. "Elon Musk is building the software for it right now, and then it goes out in about two weeks" Lutnick's said this on the 'All-In Podcast'.He then went on to explain that "If you are a US citizen, you end up paying global tax. So, outsiders will certainly not come to the US to pay global tax. So, if you have a Green Card, now Gold Card, you will be a permanent resident of America (without paying tax). You can choose be a citizen, but you don't have to be... None of them will choose to be one (so they can avoid paying global tax)." He said that according to a research with the Trump Administration, "There are 37 million people in the world who are capable of buying the Gold Card." He mentioned that President Trump believes "we can sell a million". The funds generated from this government program will reportedly be used to reduce the US' fiscal deficit or national debt.
While the Gold Card programme is already operational, it may still require congressional approval for full implementation. However, with $5 billion raised in a day, Trump’s team sees it as a game-changer for US immigration and economic policy.