Stephen Colbert on Trump's gold card': Pay-to-play program for rich foreigners'
Briefly

Stephen Colbert on Trump's gold card': Pay-to-play program for rich foreigners'
"Under the program, foreign individuals can buy a US golden visa for $1m, or a platinum version for $5m. An official government webpage promises US residency in record time with the new Trump Gold Card once applicants have paid a $15,000 processing fee, passed a background check and of course paid the $1m fee."
"Besides the obvious virtue of letting rich people get things before mere humans, this card is supposed to squeeze cash out of businesses who want to hire skilled foreign workers. To do that, businesses would have to pay $2m, plus a 1% annual maintenance fee of $20,000 and a 5% transfer fee. That's a lot of fees, but if you sign up for the Trump Gold Card, you also get two free nights at a hotel of your choice as long as it's the Tampa Marriott Bonvoy, Colbert quipped."
Late-night hosts mocked a new paid visa program branded the Trump Gold Card that offers expedited US residency to wealthy foreigners. The program lists a $1 million golden visa and a $5 million platinum option, plus a $15,000 processing fee and a background check requirement. The plan also imposes business fees intended to fund hiring of skilled foreign workers, including a $2 million business payment, a 1% annual maintenance fee ($20,000) and a 5% transfer fee. Comedians highlighted the program's pay-to-play appearance, joked about perks and criticized claims of rigorous vetting.
Read at www.theguardian.com
Unable to calculate read time
[
|
]