Can a gold card program visa spur investment in the U.S. economy? [Video]

NEW YORK (AP) — President Donald Trump is planning a “gold card” visa with a potential pathway to U.S. citizenship for $5 million. The program would replace an existing program that offers U.S. visas to investors who spend about $1 million on a company that employs at least 10 people. And it echoes similar “golden visa” programs in countries such as Canada, New Zealand, Malta and others that have allowed participants to pay a fee or make an investment in order to secure a pathway to residency in desirable places. ‘Golden visa’ programs all have different frameworks and paths to permanent residency and have had mixed results in spurring investment in a country’s economy.

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