Limited interest in Trump’s golden visa of 5 million US dollars

The interest of the online search in Donald Trump’s US gold card quickly decreased in the days after the President’s announcement, when other people researched in European Golden Visa programs instead.

The US President promised to introduce a “Gold Card” visa system, which indicates that wealthy foreigners invest at least $ 5 million in the US economy to describe what Trump described as “Green Card Privilegias”.

Even at its climax after the announcement, it never exceeded the interest that was won by the Golden Visa programs offered by Spain and Greece.

Denis Kravchenko, business development director and head of the Cyprus Office of Ashton, said: “The price of USD 5 million will probably be far too high to lead to a sufficiently large recording to reduce the public debt of the United States as well.”

The United States currently offers the EB-5-VISA program that is ready to invest green cards between 800,000 and 1 million $ 1 million in the US economy.

Kravchenko added: “Trump could make further challenges because there are other countries in the world that offer far accessible programs.

“Investors can qualify for Maltese citizenship, for example, through an extraordinary naturalization to invest around 1 million euros, for which an investor can receive citizenship for an EU member state on average for an average of 1.5 years without the need for permanent resettlement.

“Then there are the large number of European Golden Visa programs that are also much more budget-friendly than Trump’s new initiative. Hungary started a new residence program in the summer of 2024, which requires a minimum investment of at least 250,000 euros, and the offer in Portugal begins with a minimum investment of 500,000 euros.

“However, it is Greece’s golden visa opportunities that have the most popular. Despite the recently increased entry -level investment threshold, it is still possible to get a stay by buying real estate for only 250,000 euros. Something Ironically, it is young Americans who are promoting the recent increase in climb for Greek golden visas.