US Gold Card: US President Donald Trump opened a new route for US citizenship on Tuesday (February 25). Trump talked about ‘Gold Card’, who will open the way for US citizenship for the rich around the world who will invest in the US to create jobs. In this, the applicant will have to invest at least 5 million dollars, or about 43 crore rupees in the Amiriki economy. However, make it clear to you that by spending 43 crore in this way, we will not get American citizenship, it will only be a basis so that you will be able to apply for citizenship in future. That is, this is only one way, not the floor.
Actually, the gold card is being brought for the purpose of replacing an old system. Since 1990, the EB-5 visa in the US opens the way for American citizenship for similar investors. EB-5 visas are given to investors who invest in America and produce jobs there. However, for this, investment of less than one million dollars i.e. 7 crore was sufficient. The Trump administration believes that till now the US is opening its doors of citizenship in very small amount and it should be increased. This is the reason that the Gold card is now being introduced by eliminating the EB-5 visa system.
How different it is from the green card?
Gold card and EB-5 visas can be called a green card in terms of investors because both of these provide all the facilities that a green card holder in America. Green card is a kind of permanent resident card that allows foreigners to live and work in the US. It is available in many ways, such as a green card facility from the US citizen to family relations, on the basis of job and some special qualifications. Apart from this, there are many other avenues, which can give a foreign national a Green card of America.
https://www.youtube.com/watch?v=in1ytv35oig
US citizenship VS Green Card, Gold Card, EB-5 Visa
Due to having a green card or gold card, no foreign migrant becomes a citizen of America, but yes, this card definitely opens the way to become his American citizen. That is, he can apply for American citizenship in future. Although the green card provides all the facilities of need, but still he does not have rights in many cases against the American citizen. For example, American citizens can cast their votes, as much as they want, they can file a petition in the court to stay in the US, they can work anywhere in the US military and government. The green card holder does not have these rights, nor will those with gold cards have these rights.
Also read …
https://www.abplive.com/news/world/gold-card-vs-eb-5-visa-vs-gold-card-how-differ-from-one-another-as-a-route-to-us-citizenship-2892763
