Donald Trump couldn’t contain his excitement as he unveiled his administration’s $5 million “gold card” to the public for the first time. He showed off the precious item to reporters aboard Air Force One on Thursday, April 3, offering those present an exclusive first glimpse of the dazzling piece.
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The Gold Card Makes Its Debut
Trump first announced the gold card in February, targeting the super-wealthy foreigners who were hoping to secure permanent U.S. residency with a $5 million purchase.
The president appeared excited as he met with journalists and flaunted the attention-grabbing card, which proudly features his face on the front in true Trump fashion.
“For just $5 million, this beauty could be yours!” he said to the press with a smile, per The Daily Beast. “This one’s the very first. And guess what? It’s the gold card, the Trump card!”
Trump made sure to let it be known he was the owner of the very first card before joking that he had no clue who had secured the second one. “It hits the scene in less than two weeks, probably!” he added.
Now, get this, roomies: Donald Trump’s gold card promises to expedite the path to U.S. residency. Additionally, it reportedly removes all of the visa hurdles foreigners usually tend to encounter when moving to the States.
Additionally, Trump’s administration aims to revamp the EB-5 system by expediting the process for those ready to spend a bag. And when we say spend a bag, there better be millions inside, oh-kay!
According to Forbes, 1,000 gold cars have already been sold, generating an impressive $5 billion. However, it’s unclear how many the Trump administration will sell altogether, though the demand appears to be there.
Donald Trump Tackles Stock Market Plunge
The gold card debut on April 3 clashed with another big moment for Trump following the stock market drop sparked by his decision to impose sweeping tariffs on global trade partners on April 2.
In response to the not-so-positive feedback from worried investors, Trump likened the economy to a “sick patient” inherited from past administrations, per CNN.
Additionally, he insisted that the tariffs were a critical “operation” to revive it. On Thursday, Trump reassured the nation, declaring, “This is a patient that was very sick. We inherited, we really inherited, a terrible economy, as you know, with a lot of problems, including loss of manufacturing and plants closed up all over the country. It was a sick patient and went through an operation on Liberation Day. And it’s going to be, it’s going to be a booming country, a very booming country.”
The uncertainty surrounding the tariffs’ duration, alongside market worries, continues to stoke volatility. On the other hand, though, the gold cards could very well help pay off some of the U.S. debt.
