The US president, Donald Trump, has inaugurated another visa program. This one is called the “gold card.” The initiative is intended to attract very wealthy people from outside the U.S. to get us some economic lift, including the US hiring productive people from India. The initiative aims to attract wealthy individuals from abroad to boost the U.S. economy, as the US wants to hire productive people from India.
Replacing the Old Visa with ‘Gold Card’ to attract the rich people
The “gold card” will take the place of the EB-5 visa. To get this new visa, people need to invest a lot of money. They need to invest $5 million. In return, they can get a chance to become US citizens, allowing the US to hire productive people from India.
The US will replace the EB-5 visa with the ‘gold card’. It costs a ton of money to get this visa. They have to spend $5 million. The alternative would be that they have a shot at becoming an American citizen, facilitating the US hiring productive people from India.
Related: Trump Plans for $5 Million ” Gold Card” Visa for Rich Migrants
Why “US Wants to Hire Productive People” is Relevant to Indians
Useful for the Indians who wish to reside and work in the US, this is similar to another path. It grants them a fresh route. The US willing to hire productive people from India and not householders. The ‘gold card’ program will make some dreams easier for those who want to reside and work in the US.
Trump thinks this is going to be wildly successful. He thinks it will provide a lot of things for the benefit of America. He stated that the US wants to hire productive Indian people who are the most talented and have great potential.
How It Will Work
The “gold card” program is designed to be straightforward. People who invest the required amount can apply. If they meet the requirements, they can get a visa. The ‘gold card’ program gives investors a chance to live and work in the US. The US wants to hire productive people from India to contribute to their economy.
Its main purpose is to jump-start the US economy. Attracting wealthy investors, the US wants to consume. And they want to spur new businesses. The US wants to hire productive people from India to facilitate this.
The new visa program is a massive opportunity. It’s for everyone who is also willing to invest or live there. The US wants to hire productive people from India, and this program spells out the ways for that to grow its economy and play a role in adding value.
Related: Trump Introduces Gold Card US Visa: What does this mean for Indians?