Trump with Musk
International News: Rich foreign nationals in America will now be able to get a permanent residence by paying huge amount - and Alan Musk, the technology partner of this new scheme. US President Donald Trump has given Musk a new responsibility under the government's "Department of Government Efficiency (DOGE)": Making a digital system to sell 'gold card visa' for rich immigrants.
According to reports, the team of engineers of Musk is preparing a digital portal where rich people will be able to apply for this special visa by paying about 5 million dollars. This visa will give the right to American permanent residence.
The scheme will replace existing EB-5 visa programs, with foreign investors investing at least 10 jobs in American companies by investing $ 800,000 to $ 1.05 million.
Doge's team is preparing this visa portal in association with the State Department, Homeland Security and US Citizenship and Immigration Services. It is believed that this system may be launched in the coming two weeks.
The Trump administration announced this 'Gold Card' in February, making the US attractive to rich and innovative minds. However, it is not yet clear who will be eligible for it and whether it will have a limited number.
Trump's Commerce Secretary Howard Lutnik claimed that he sold 1,000 gold card visas in the same day last month. He said that the government has earned about $ 4 billion. However, the financial records related to these claims have not yet been made public.
Howard Lutnik said that Allen Musk's team is preparing the software of the scheme and the technology behind it is being finalized. Once the gold card is received, the holder will be considered a permanent resident of the US.
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