Amid a market meltdown following his dramatic announcement of worldwide tariffs, Trump took the time on Thursday to show off his “Gold Card” to reporters aboard Air Force One.
Wealthy immigrants can buy the card for $5 million to gain U.S. residency. It features Donald Trump’s face.
“For $5 million, this could be yours,” pitched the president. “You know what that card is? It’s the Gold Card, the Trump Card,” said the president.
“Who is the first buyer?” one of the reporters asked.
“Me,” Trump quipped.
“The second?” the reporter pushed on.
“I don’t know, but I’m the first buyer. It’ll be out in … less than two weeks. Pretty exciting, right?” the president asked.
“Anybody want to buy one?” Trump asked.
Mediaite highlighted the interaction between Trump and the reporters.
Commerce Secretary Howard Lutnick announced late last month the “sale of 1,000 Gold Cards this week, raising $5 billion in a single day.”
Unlike American citizens, gold card holders will not have to pay taxes to the U.S. government on their overseas income.
Trump introduced the cards in February to allow wealthy immigrants to live and work in the U.S. The price would grant them residency in the U.S. and, in essence, replace the current EB-5 immigrant investor visa program, according to Forbes.
Trump was quickly asked by reporters about the negative impact of his new tariffs on the global markets.
“Well, I mean, it’s to be expected where this is a patient that was very sick,” claimed Trump. “We really inherited a terrible economy … with a lot of problems.”
