this post was submitted on 04 Apr 2025
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[–] fmstrat@lemmy.nowsci.com 3 points 1 hour ago

Many countries do this to bring in wealthy investors. In those countries there are requirements to invest in local economy, not sure about this one.

The wealthy use these to travel every couple of month, allowing them to skip residency taxes by never being anywhere long enough.

However a US one is just dumb, because US tax laws are one of the only ones that will tax you, as a resident, when you are not in the US. So the types of people who typically buy these won't go near it.

[–] SulaymanF@lemmy.world 3 points 8 hours ago

Doesn’t this need an act of Congress to enact?

[–] ZMoney@lemmy.world 26 points 14 hours ago (1 children)

He'll be a scammer till the day he dies.

[–] Ledericas@lemm.ee 9 points 9 hours ago

like father like son, and his grandfather.

[–] Fedizen@lemmy.world 26 points 20 hours ago (1 children)

Idk why dems don't discredit this as "Desperately importing wealthy foreign elites".

[–] InverseParallax@lemmy.world 8 points 14 hours ago (1 children)

It doesn't work.

The right would celebrate that it was 'triggering teh libs'.

You can't beat someone who is only playing to get a rise out of you.

[–] SulaymanF@lemmy.world 2 points 8 hours ago (1 children)

Sure you can. When Trump breaks them and makes them poor, they’ll have to stop trolling and get serious. A ton of them are starting to wise up and pressure their congressional representatives to do something.

[–] InverseParallax@lemmy.world 3 points 7 hours ago (1 children)

Nope.

You vastly underestimate their hate.

When they're broken, he'll let them loose on the browns who get all the blame.

Exactly the same as happened during the first great depression.

[–] SulaymanF@lemmy.world 2 points 5 hours ago (1 children)

Sure but they’ll stop trying to be silly and get more serious (albeit hateful).

As Chris Rock said, if a homeless guy has a funny sign, he hasn’t been homeless for long.

[–] InverseParallax@lemmy.world 1 points 2 hours ago

The analogy is apt, we are the guy with a job walking by in a suit, they are coming down from meth, desperate for their next fix, and they're pulling out their knife.

Last time they went on a redneck rampage we lost 600k good Americans.

[–] nthavoc@lemmy.today 18 points 1 day ago

This is another grift to add to his portfolio of products. For example Trump Steak, Trump Phone, Trump University, Trump Coin, Trump shoes and so on. He never puts his name or face on something unless he knows he has a way to make a ton of money off it by screwing someone over and get away with it. He also doesn't have to borrow money from banks anymore because the United States assumes the risk.

Remember that billionaires never spend their own money. Trump always drops a chaff grenade for the media when he is getting ready to do something really stupid using the public's money. This is one of those moments. So the question is not, "Who is going to buy this?" the question is "What is he about to grift next using tax dollars?"

[–] cocomutative_diagram@infosec.pub 19 points 1 day ago* (last edited 13 hours ago)

“sale of 1,000 Gold Cards this week, raising $5 billion in a single day.”

Good for you, even if the number is true (it is not) and these keep selling (they won't), we just need a year and a half to make back the 2.5 trillion stock market lost overnight; and 6 whole years to make back 11 trillion lost since he took the office.

BTW, I cannot it has only been less than 3 month. Feels like years have passed.

[–] crazyhotpasta@lemm.ee 17 points 1 day ago (1 children)

At this point, you'd have to be badly mentally challenged if you're willing to pay to live in U.S

[–] Holzbesteck@feddit.org 8 points 16 hours ago

If they are really rich, the US is an amazing place to live and 5m is nothing to them. If one has to save up for that card, it's a shitty deal.

[–] Babalugats@lemmy.world 8 points 1 day ago (2 children)

Who keeps the $5m per wealthy immigrant? If it's Trump himself, isn't that very very illegal?

[–] slaneesh_is_right@lemmy.org 11 points 21 hours ago

The guy sold beans from the oval office, he's selling tesslers and golden shoes. This isn't even close to the weirdest thing he did.

[–] ChaoticNeutralCzech@feddit.org 5 points 18 hours ago

I'd imagine the government but Trump will take credit for it and use it to justify spending more of its money at his resorts

[–] aseriesoftubes@lemmy.world 188 points 1 day ago (11 children)

“Who is the first buyer?” one of the reporters asked.

“Me,” Trump quipped. 

“The second?” the reporter pushed on. 

“I don’t know, but I’m the first buyer. It’ll be out in ... less than two weeks. Pretty exciting, right?” the president asked.

First of all, why would he be the first buyer of an express residency card when he’s already a citizen? Fucking moron.

Second, “it’s happening in two weeks” is Trumpspeak for “it’s literally never going to happen.”

[–] pelespirit@sh.itjust.works 58 points 1 day ago (14 children)

Yep, this is a distraction from the stock market melt down.

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[–] sp3tr4l@lemmy.zip 51 points 1 day ago* (last edited 1 day ago) (1 children)

Residual salesman brain.

Trump: I am awesome, I bought this thing, it is awesome, you will be awesome if you buy it too.

It bears no relationship to ... making any kind of sense, because it is literally a hustle, a psychological manipulation tactic.

He is just saying salesman words, meant to encourage buy in.

Has no relation to reality, the truth, making sense, etc.

... But, it works on rubes, dullard marks, cult members, weak willed / low self esteem people with decent reliability.

These are just more Trump University or Trump Steaks to him.

[–] futatorius@lemm.ee 5 points 1 day ago

Demented incompetent salesman brain, or what's left of it.

[–] blarth@thelemmy.club 11 points 1 day ago (2 children)

So law and order is just bullshit now right? You buy a gold fucking stupid ass card with dear leader’s picture on it and you get to skip the line? Where is that money going by the way, to Trump or a public fund?

[–] CharlesDarwin@lemmy.world 3 points 9 hours ago

It'd be a helluva thing if some dumbasses were to actually buy these things, then have it rendered null and void if the adults get back in charge...and are not given a refund.

[–] futatorius@lemm.ee 8 points 1 day ago

You buy a gold fucking stupid ass card with dear leader’s picture on it and you get to skip the line?

There have been similar (non-literal) golden visas offered all over the world, mainly by poorer EU countries or the various third-tier states that make most of their foreign exchange through money-laundering.

[–] Gerudo@lemm.ee 31 points 1 day ago (1 children)

When you're a Russian asset, you sometimes forget to fake being a citizen.

[–] ripcord@lemmy.world 13 points 1 day ago

He's not faking being a citizen. He's faking being self-aware. He barely has a clue wtf he's talking about at any given time. That's all.

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[–] futatorius@lemm.ee 7 points 1 day ago

Yes, he really is that out of touch.

[–] Litebit@lemmy.world 73 points 1 day ago (5 children)

Why not let Americans sell their citizenship for $5m instead.

[–] tiefling@lemmy.blahaj.zone 4 points 21 hours ago (2 children)

Now that's an idea! Hell, I'll do it for 3 mil

[–] Eheran@lemmy.world 2 points 16 hours ago

How about 3 fiddy?

[–] glitch1985@lemmy.world 3 points 20 hours ago (1 children)

Best I can do is $7.50 USD and whatever meal you want from Taco Bell

[–] Broadfern@lemmy.world 2 points 7 hours ago

That’s higher than federal minimum wage! You generous bastard 😄

[–] slaneesh_is_right@lemmy.org 2 points 21 hours ago

The world is just waiting to pick up well educated americans because they keep electing clowns.

[–] Imgonnatrythis@sh.itjust.works 32 points 1 day ago (1 children)

That's some capitalism I can get behind! Free the citizenship market!

[–] Litebit@lemmy.world 2 points 21 hours ago* (last edited 21 hours ago)

There should be fair competition in the market the government should not be the only one that can sell citizenships. Or at least we should be allowed to sell it back to the government for $5 million who can then sell to someone else.

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[–] Rentlar@lemmy.ca 82 points 1 day ago (4 children)

Country for sale! Buy now!

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[–] modifier@lemmy.ca 42 points 1 day ago (1 children)

This is our actual present reality, people. Resist the urge to look away, it will still be there.

Holy fuck.

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[–] Lembot_0001@lemm.ee 63 points 1 day ago (2 children)

Is there his ass on the back side of the card?

[–] vegeta@lemmy.world 83 points 1 day ago

no, it's on the front

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[–] twinnie@feddit.uk 53 points 1 day ago (2 children)

I think people with 5mil could probably get in a lot cheaper.

[–] MimicJar@lemmy.world 2 points 11 hours ago

A EB-5 visa costs ~1 million dollars and has been available since the 1990s. So anyone who wanted one has had plenty of time to get one.

The new "gold card" intends to replace the existing program.

Increasing the cost from 1 to 5 million sounds like it would decrease the number of applicants, not increase them. I suspect part of this change will be loosening the requirements to justify the increased cost.

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