NNA - US Commerce Secretary Howard Latnick announced that Washington sold 1,000 new "golden cards" in the past 24 hours, granting permanent residency, for a total value of $5 billion, according to 'Russia Today".
"By the way, yesterday we sold 1,000 cards," Latnick said in an interview with the All-In podcast, referring to the new program that allows for residency in the United States for $5 million.
The minister explained that the program was launched at the initiative of President Donald Trump and allows foreigners to obtain permanent residency in the United States without the need to obtain citizenship.
Golden Card holders pay taxes only on income earned within the United States, while their worldwide income is not subject to tax.
The minister noted that in the event of a violation of the law, the card could be revoked, explaining that 37 million people worldwide are able to purchase such a card. He said that launching the program would provide opportunities to attract "the most productive people" to the United States, who would open businesses and create jobs there.
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