Trump sees ‘a thirst’ for his ‘gold card’ visa idea with $5 million potential path to US citizenship

President Donald Trump signs executive orders in the Oval Office at the White House, Thursday, Jan. 30, 2025, in Washington. (AP)
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Updated 27 February 2025
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Trump sees ‘a thirst’ for his ‘gold card’ visa idea with $5 million potential path to US citizenship

  • Trump said of future possible recipients of the gold visa program: “They’ll be wealthy and they’ll be successful and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people

WASHINGTON: President Donald Trump said Wednesday that he plans to start selling a “gold card” visa with a potential pathway to US citizenship for $5 million, seeking to have that new initiative replace a 35-year-old visa program for investors.
“I happen to think it’ll sell like crazy. It’s a market,” Trump said. “But we’ll know very soon.”
During the first meeting of his second-term Cabinet, Trump suggested that the new revenue generated from the program could be used to pay off the country’s debt.
“If we sell a million, that’s $5 trillion dollars,” he said. Of the demand from the business community to participate, he said “I think we will sell a lot because I think there’s really a thirst.”
Commerce Secretary Howard Lutnick told reporters during the same meeting that Trump’s initiative would replace the EB-5 program, which offers US visas to investors who spent about $1 million on a company that employs at least 10 people.
Lutnick said that program “has been around for many years for investment in projects” but “it was poorly overseen, poorly executed.”
The new program could mark a dramatic shift in US immigration policy but isn’t unprecedented elsewhere. Countries in Europe and elsewhere offer what have become known as “golden visas” that allow participants to pay in order to secure immigration status in desirable places.
Congress, meanwhile, determines qualifications US for citizenship, but the president said “gold cards” would not require congressional approval.
Trump said of future possible recipients of the gold visa program: “They’ll be wealthy and they’ll be successful and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it’s going to be extremely successful.”
Henley & Partners, an advisory firm, says more than 100 countries around the world offer “golden visas” to wealthy individuals and investors. That list includes the United States, United Kingdom, Spain, Greece, Malta, Australia, Canada and Italy.
“Companies can buy gold cards and, in exchange, get those visas to hire new employees,” Trump said. Despite similar programs already occurring outside the US, he insisted, “No other country can do this because people don’t want to go to other countries. They want to come here.”
“Everybody wants to come here, especially since Nov. 5,” he said of his Election Day victory last fall.
Lutnick suggested that the gold card — which would actually work, at least to start, more like a green card, or permanent legal residency — would raise the price of admission for investors and do away with fraud and “nonsense” that he said characterize the EB-5 program.
A pathway to citizenship as part of the new program also would set it apart from the EB-5 program. Trump said vetting people who might be eligible for the gold card will “go through a process” that is still being worked out.
Pressed on if there would be restrictions on people from China or Iran not being allowed to participate, Trump suggested it will likely not “be restricted to much in terms of countries, but maybe in terms of individuals.”
About 8,000 people obtained investor visas in the 12-month period ending Sept. 30, 2022, according to the Homeland Security Department’s most recent Yearbook of Immigration Statistics.
The Congressional Research Service reported in 2021 that EB-5 visas pose risks of fraud, including verification that funds were obtained legally. Then-President Joe Biden signed a 2022 law bringing big changes to the EB-5 program, including steps meant to investigate and sanction individuals or entities engaged in fraud as part of it — meant to curb some of those risks.
Trump offered few details on how the new program might work, including making no mention of existing EB-5 requirements for job creation. While the number of EB-5 visas is capped, meanwhile, the Republican president mused that the federal government could sell 10 million “gold cards” to reduce the deficit. He said it “could be great, maybe it will be fantastic.”
“It’s somewhat like a green card, but at a higher level of sophistication,” the president said. “It’s a road to citizenship for people — and essentially people of wealth or people of great talent, where people of wealth pay for those people of talent to get in, meaning companies will pay for people to get in and to have long, long term status in the country.”


US Senator Van Hollen says he met wrongly deported man in El Salvador

Updated 24 sec ago
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US Senator Van Hollen says he met wrongly deported man in El Salvador

WASHINGTON: Democratic US Senator Chris Van Hollen said on Thursday he met Kilmar Abrego Garcia, a man wrongly deported to El Salvador by the administration of Republican President Donald Trump.
The senator posted an image with Abrego Garcia on social media platform X.
“I said my main goal of this trip (to El Salvador) was to meet with Kilmar. Tonight I had that chance. I have called his wife, Jennifer, to pass along his message of love. I look forward to providing a full update upon my return,” the senator wrote in his post.


University protests blast Trump’s attacks on funding, speech and international students

Updated 40 min 46 sec ago
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University protests blast Trump’s attacks on funding, speech and international students

  • Berkeley rally part of planned nationwide protest supporting university independence
  • “You cannot appease a tyrant,” emeritus professor and former Labor Secretary Robert Reich tells Berkeley rally

BERKELEY, California/CAMBRIDGE, Massachusetts: Hundreds of students, faculty and community members on a California campus booed on Thursday as speakers accused the administration of President Donald Trump of undermining American universities, as he questioned whether Harvard and others deserve tax-exempt status.
The protest on the University of California’s Berkeley campus was among events dubbed “Rally for the Right to Learn!” planned across the country.
The administration has rebuked American universities over their handling of pro-Palestinian student protests that roiled campuses from Columbia in New York to Berkeley last year, following the 2023 Hamas-led attack inside Israel and the subsequent Israeli attacks on Gaza.
Trump has called the protests anti-American and antisemitic and accused universities of peddling Marxism and “radical left” ideology. On Thursday, he called Harvard, an institution he criticized repeatedly this week, “a disgrace,” and also criticized others.
Asked about reports the Internal Revenue Service was planning to remove Harvard’s tax-exempt status, Trump told reporters at the White House he did not think a final ruling had been made, and indicated other schools were under scrutiny.
Trump had said in a social media post on Tuesday he was mulling whether to seek to end Harvard’s tax-exempt status if it continued pushing what he called “political, ideological, and terrorist inspired/supporting ‘Sickness?’“
“I’m not involved in it,” he said, saying the matter was being handled by lawyers. “I read about it just like you did, but tax-exempt status, I mean, it’s a privilege. It’s really a privilege, and it’s been abused by a lot more than Harvard.”
“When you take a look whether it’s Columbia, Harvard, Princeton, I don’t know what’s going on, but when you see how badly they’ve acted and in other ways also. So we’ll, we’ll be looking at it very strongly.”

A motorist holds a sign in Harvard Square in Cambridge, Massachusetts, on April 17, 2025, during a protest against the Trump administration. (REUTERS)

At Berkeley on Thursday, protesters raised signs proclaiming “Education is a public good!” and “Hands off our free speech!” Robert Reich, a public policy professor, compared the responses of Harvard and Columbia to demands from the administration that they take such steps as ending diversity, equity and inclusion programs and putting academic departments under outside control.
Harvard President Alan Garber, in a letter on Monday, rejected such demands as unprecedented “assertions of power, unmoored from the law” that violated constitutional free speech and the Civil Rights Act.
Columbia had earlier agreed to negotiations after the Trump administration said last month it had terminated grants and contracts worth $400 million, mostly for medical and other scientific research. After reading the Harvard president’s letter, Columbia’s interim President Claire Shipman, said her university would continue “good faith discussions” with the administration, but “would reject any agreement in which the government dictates what we teach, research, or who we hire.”

You cannot appease a tyrant,” said Reich, who served in President Bill Clinton’s cabinet. “Columbia University tried to appease a tyrant. It didn’t work.”

“After Harvard stood up to the tyrant, Columbia, who had been surrendering, stood up and said no.”

Columbia University in New York initially agreed to several demands from the Trump administration. But its acting president took a more defiant tone in a campus message Monday, saying some of the demands “are not subject to negotiation.”
About 150 protesters rallied at Columbia, which had been the scene of huge pro-Palestinian protests last year. They gathered on a plaza outside a building that houses federal offices, holding signs emblazoned with slogans including “stop the war on universities” and “censorship is the weapon of fascists.”

After Harvard’s Garber released his letter on Monday, the Trump administration said it was freezing $2.3 billion in funding to the university. Department of Homeland Security Secretary Kristi Noem announced on Wednesday the termination of two DHS grants totaling more than $2.7 million to Harvard and said the university would lose its ability to enroll foreign students if it does not meet demands to share information on some visa holders.
In response, a Harvard spokesperson said the university stood by its earlier statement to “not surrender its independence or relinquish its constitutional rights,” while saying it will comply with the law.
CNN was first to report on Wednesday the IRS was making plans to rescind Harvard’s tax-exempt status and that a final decision was expected soon.
Harvard said there was no legal basis to rescind it, saying such an action will be unprecedented, will diminish its financial aid for students and will lead to abandonment of some critical medical research programs.
Harrison Fields, a White House spokesperson, said “any forthcoming actions by the IRS are conducted independently of the President, and investigations into any institution’s violations of their tax status were initiated prior to the President’s TRUTH.”
Under federal law the president cannot request that the IRS, which determines whether an organization can have or maintain tax-exempt status, investigate organizations.

Ronald Cox, a professor of political science and international relations at Florida International University in Miami, said during a small event Thursday that the international students are fearful.
“They don’t know if they could be deported, they don’t know if they can be directed to the El Salvadoran prison,” Cox said. “There’s been no due process. It’s kind of open season on the most vulnerable students.”

The protests were organized by the Coalition for Action in Higher Education, which includes groups such as Higher Education Labor United and the American Federation of Teachers.
Kelly Benjamin, a spokesperson for American Association of University Professors, said in a phone call that the Trump administration’s goal of eviscerating academia is fundamentally anti-American.
“College campuses have historically been the places where these kind of conversations, these kind of robust debates and dissent take place in the United States,” Benjamin said. “It’s healthy for democracy. And they’re trying to destroy all of that in order to enact their vision and agenda.”

 


Ukraine, US sign ‘memorandum of intent’ on resources deal: Kyiv

Updated 18 April 2025
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Ukraine, US sign ‘memorandum of intent’ on resources deal: Kyiv

  • US officials say boosting American business interests in Ukraine will help deter Russia from future aggression in the event of a ceasefire

KYIV: Ukraine and the United States on Thursday signed a “memorandum of intent” to move forward with a fraught deal for US access to Kyiv’s natural resources and critical minerals, Kyiv said.
“We are happy to announce the signing, with our American partners, of a Memorandum of Intent, which paves the way for an Economic Partnership Agreement and the establishment of the Investment Fund for the Reconstruction of Ukraine,” Ukraine’s first deputy prime minister Yulia Svyrydenko said on X.
Kyiv and Washington had planned to sign a deal on extracting Ukraine’s strategic minerals weeks ago, but a clash between presidents Donald Trump and Volodymyr Zelensky in February temporarily derailed work on the agreement.
Trump wants the deal — designed to give the US royalty payments on profits from Ukrainian mining of resources and rare minerals — as compensation for aid given to Ukraine by his predecessor, Joe Biden.
Svyrydenko did not publish details of the memorandum, but said work continued toward securing a final agreement.
“We hope that the Fund will become an effective tool for attracting investments in the reconstruction of our country, modernization of infrastructure, support for business, and the creation of new economic opportunities,” she said.
“There is a lot to do, but the current pace and significant progress give reason to expect that the document will be very beneficial for both countries.”
US officials say boosting American business interests in Ukraine will help deter Russia from future aggression in the event of a ceasefire.
Kyiv is pushing for concrete military and security guarantees as part of any deal to halt the three-year war.


Man who hijacked a small plane in Belize and was fatally shot was a US veteran

Updated 17 April 2025
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Man who hijacked a small plane in Belize and was fatally shot was a US veteran

  • The man was shot by a passenger who was licensed to carry a firearm, which he later turned over to police

BELIZE CITY: A US citizen hijacked a small Tropic Air plane in Belize on Thursday at knifepoint, injuring three others before being shot and killed, police said.
The assailant pulled a knife while the plane was in air, demanding the domestic flight take him out of the country, Police Commissioner Chester Williams told journalists.
The hijacker was identified as US citizen Akinyela Sawa Taylor, Williams said, adding that it appeared Taylor was a military veteran.
The plane circled the airspace between northern Belize and capital Belize City as the hijacking was underway, and began to run dangerously low on fuel, the police commissioner said.
Taylor stabbed three people on board, according to Williams, including the pilot and a passenger who shot Taylor with a licensed firearm as the plane landed outside Belize City.
That passenger was rushed to the hospital, as was Taylor, who died from the gunshot wound.
Williams said that it was unclear how Taylor boarded the plane with a knife, though he acknowledged that the country’s smaller airstrips lacked security to fully search passengers.
The attacker had been denied entry to the country over the weekend, according to police. The plane had been due to fly the short route from Corozal near the Mexican border to San Pedro, off the coast. Police said it was unclear how Taylor reached Corozal.
Belizean authorities have reached out to the US embassy in the country for aid in investigating the incident. Luke Martin, public affairs officer for the embassy, told journalists that it had no details on Taylor’s background or motivation so far.
According to information released by the airport, Taylor was a teacher in the United States. He was listed online as previously being a football coach at the McCluer North High School in Florissant, Missouri.
An employee at the school told Reuters that Taylor did not currently work there.


Maryland Sen. Van Hollen denied entry to El Salvador prison holding Abrego Garcia

Updated 17 April 2025
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Maryland Sen. Van Hollen denied entry to El Salvador prison holding Abrego Garcia

  • Van Hollen’s trip has become a partisan flashpoint in the US as Democrats have siezed on Abrego Garcia’s deportation as a cruel consequence of Trump’s disregard for the courts
  • While Van Hollen was denied entry, several House Republicans have visited the notorious gang prison in support of the Trump administration’s efforts

SAN SALVADOR: Maryland Sen. Chris Van Hollen says he was denied entry into an El Savador prison on Thursday while he was trying to check on the well-being of Kilmar Abrego Garcia, a man who was sent there by the Trump administration in March despite an immigration court order preventing his deportation.
Van Hollen is in El Salvador to push for Abrego Garcia’s release. The Democratic senator at a news conference in San Salvador that his car was stopped by soldiers at a checkpoint about 3 kilometers from the Terrorism Confinement Center, or CECOT, even as they let other cars go on.
“They stopped us because they are under orders not to allow us to proceed,” Van Hollen said.
US President Donald Trump and Salvadoran President Nayib Bukele said this week that they have no basis to send him back, even as the Trump administration has called his deportation a mistake and the US Supreme Court has called on the administration to facilitate his return. Trump officials have said that Abrego Garcia, a Salvadoran citizen who was living in Maryland, has ties to the MS-13 gang, but his attorneys say the government has provided no evidence of that and Abrego Garcia has never been charged with any crime related to such activity.
Van Hollen’s trip has become a partisan flashpoint in the US as Democrats have siezed on Abrego Garcia’s deportation as a cruel consequence of Trump’s disregard for the courts. Republicans have criticized Democrats for defending him and argued that his deportation is part of a larger effort to reduce crime. White House press secretary Karoline Leavitt held a news conference on Wednesday with the mother of a Maryland woman who was killed by a fugitive from El Salvador in 2023.
The Maryland senator told reporters Wednesday that he met with Salvadoran Vice President Felix Ulloa who said his government could not return Abrego Garcia to the United States.
“So today, I tried again to make contact with Mr. Abrego Garcia by driving to the CECOT prison,” Van Hollen said, and was stopped.
Van Hollen said Abrego Garcia has not had any contact with his family or his lawyers. “There has been no ability to find out anything about his health and well being,” Van Hollen said. He said Abrego Garcia should be able to have contact with his lawyers under international law.
“We won’t give up until Kilmar has his due process rights respected,” Van Hollen said. He said there would be “many more” lawmakers coming to El Salvador.
New Jersey Sen. Cory Booker, D-N.J., is also considering a trip to El Salvador, as are some House Democrats.
While Van Hollen was denied entry, several House Republicans have visited the notorious gang prison in support of the Trump administration’s efforts. Rep. Riley Moore, a West Virginia Republican, posted Tuesday evening that he’d visited the prison where Abrego Garcia is being held. He did not mention Abrego Garcia but said the facility “houses the country’s most brutal criminals.”
“I leave now even more determined to support President Trump’s efforts to secure our homeland,” Moore wrote on social media.
Missouri Republican Rep. Jason Smith, chair of the House Ways and Means Committee, also visited the prison. He posted on X that “thanks to President Trump” the facility “now includes illegal immigrants who broke into our country and committed violent acts against Americans.”
The fight over Abrego Garcia has also played out in contentious court filings, with repeated refusals from the government to tell a judge what it plans to do, if anything, to repatriate him.
Since March, El Salvador has accepted from the US more than 200 Venezuelan immigrants — whom Trump administration officials have accused of gang activity and violent crimes — and placed them inside the country’s maximum-security gang prison just outside of San Salvador. That prison is part of Bukele’s broader effort to crack down on the country’s powerful street gangs, which has put 84,000 people behind bars and made Bukele extremely popular at home.
Human rights groups have previously accused Bukele’s government of subjecting those jailed to “systematic use of torture and other mistreatment.” Officials there deny wrongdoing.