Trump's "Golden Ticket" - Visa for the Rich

The President of the USA, Donald Trump, says that the country will start selling residence permits, or "golden cards", for five million dollars each. Russian oligarchs may possibly be able to buy themselves a ticket to the USA, according to the President.

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Trump's "Golden Ticket" - Visa for the Rich
Photo: Pool via AP/TT

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The golden visa, a more expensive variant of a traditional "green card", is to be sold within two weeks and constitutes a path to American citizenship for those who can afford it, according to the president.

They will be rich and successful, and they will spend a lot of money and pay a lot of taxes and employ many people, said Trump to reporters at the White House.

In response to a direct question about whether rich Russians would also be able to buy a gold card, Trump replied:

Maybe. I know some Russian oligarchs who are very nice people.

They are not as rich as they used to be. I think they can afford five million dollars.

The USA has previously had visas for investors who spend around one million dollars on companies that employ at least ten people.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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