CURRENT NEWS
Trump's $5 million 'Gold Card' may succeed in India, but faces legal test
SUMMARY
Former U.S. President Donald Trump's proposed "$5 million Gold Card" visa program aims to offer permanent U.S. residency to foreign nationals who invest $5 million, positioning it as a replacement for the existing EB-5 investor visa. This initiative is expected to appeal to wealthy Indian investors, offering benefits like immediate residency, flexible tax options, and no job creation requirements.
However, legal experts caution that implementing such a program would require Congressional approval, as the EB-5 program is legislated and cannot be unilaterally altered by the President. Additionally, the absence of an official website or documentation has raised skepticism about the program's viability.
CLICK HERE FOR FULL NEWS
About author
Zinkpot — We Inform, You Perform.
Ask Anything, Know Better
अपना प्रश्न पूछें
-
Trump U-Turn on H-1B: “America Needs Skilled Workers”
November 19
-
Trump removes 50% tariff on Indian food items!
November 19
-
The era of dollar dominance is coming to a close
November 19 BUSINESS LINE : The Global South is losing faith in the dollar. Why? The US slaps tariffs on friends and foes. The White House tries to bully its own central bank. Debt keeps rising. Sanctions turn the greenback into a weapon. Rising competition with China and broken security pacts with the Middle East fuel mistrust. NEWS LINK
-
What is the G2?
November 05 Background The G2 is a simple idea in world politics. It stands for "Group of Two." It means the United States (US) and China working together as the two biggest powers on Earth. They could team up to solve big global problems like climate change, trade, or wars. But it's not an official group like the United Nations. It's just a way to think about how these two countries can shape the world. The History of the G2 Idea The G2 idea started around 2009. Back then, the world was facing a big money crisis....
-
The Longest U.S. Government Shutdown: Why It Matters for India?
October 25 Background What is a US government shutdown? click here Context The United States has had many government shutdowns over the years when leaders can't agree on spending money. The longest one happened from December 22, 2018, to January 25, 2019. It lasted 35 days and affected millions of people. This shutdown was during President Donald Trump's time and was about funding for a border wall. Today, there's an ongoing shutdown that started on October 1, 2025, and it's already the second-longest at over 23 days. But...
-
China की Monopoly तोड़ने निकला अमेरिका !
October 22
-
US TARIFFS to hurt USA badly?
October 03 CONTEXT Russian President Vladimir Putin has criticised the latest U.S. tariff threats — especially those aimed at nations still trading with Russia, such as India and China. He said these tariffs, intended to punish countries for buying Russian energy or goods, could “boomerang” and hurt the U.S. economy itself. His remarks came after U.S. plans to impose steep duties on certain imports as part of a wider economic pressure campaign. Putin argued that such policies would raise global prices, push the...
-
Why America Is getting closer to Pakistan than India?
September 30 Overview In 2025, under President Donald Trump's administration, the United States has shown signs of warming relations with Pakistan while experiencing heightened tensions with India. This shift is driven by a mix of strategic, economic, and geopolitical factors, including US efforts to secure military and counterterrorism advantages in South Asia, amid broader trade disputes and regional dynamics. While some analysts view this as a pragmatic recalibration of US policy in the region, others see it as a...
-
What would be impacts of US's 25% tariff on India?
August 01 WHAT? The U.S. imposed 25% import duties on select Indian goods, especially in steel, aluminum, pharmaceuticals, and electronics. These are retaliatory tariffs in response to India's continued oil trade with Russia and its growing participation in BRICS economic initiatives that aim to undermine the U.S. dollar’s dominance. The 25% tariff imposed by the United States on Indian exports, effective August 1, 2025, is expected to have a varied impact on the Indian economy, with certain sectors facing significant...
-
What is a Tariff? Is it helping the USA or hampering it?
July 30 WHAT? A tariff is a broad term for a tax imposed by a government on goods or services crossing its borders, primarily for imports but sometimes exports. It serves purposes like raising revenue, protecting domestic industries, or influencing trade policies. Tariffs can be fixed per unit or as a percentage of value. For items like coal or metal, it is fixed on weight like per tonne and for costly items like diamonds, cars , it is fixed as a percentage of value. It is a tax similar to the Customs...
Comments
Write Comment