How Many "Golden Visas" Has Donald Trump Sold?
The U.S. Secretary of Commerce, Howard Lutnick, has announced the sale of 1,000 "golden visas" in a single day. This has generated $5 billion in revenue. According to The Financial Express, the U.S. has decided to sell residence permits for $5 million to wealthy foreigners. This document is referred to as a "golden visa." Lutnick estimates that the U.S. will be able to sell a total of one million such visas. He assesses the potential market of buyers at 37 million people.
U.S. President Donald Trump announced the "golden visas" at the end of February. He later stated that sales would begin in two weeks. The Oval Office head plans to use the funds generated to cover the budget deficit. Additionally, Trump explained that wealthy individuals arriving in the U.S. through this program would pay substantial taxes and create jobs.