Henley & Partners Welcomes 'Trump Gold Card' Visa for Wealthy Immigrants
Henley & Partners Welcoming the 'Trump Gold Card'
In a notable development in the realm of investment migration, Henley & Partners, a leader in this industry, has expressed strong support for U.S. President Donald Trump's recent proposal regarding a new 'Gold Card' visa. This initiative aims to attract wealthy migrants by allowing them to live and work in the United States through a substantial investment of 5 million dollars. In addition, this visa will provide a path toward gaining citizenship, making it an appealing option for affluent individuals seeking to enhance their contributions to the U.S. economy.
Dr. Juerg Steffen, CEO of Henley & Partners, has shared insights on this exciting opportunity for wealthy investors. He emphasizes that while the Gold Card visa proposal is a promising chance for individuals seeking residency and citizenship in America, maintaining clear and consistent immigration policies for investors is paramount. As such, Dr. Steffen calls for U.S. authorities to ensure stability for investors, suggesting that a well-structured transition is crucial in the wake of the introduction of this new visa program. Meanwhile, he reassures potential EB-5 program participants that their eligibility for green cards remains secure under the current regulations.
Steady Growth in Demand for Investment Migration
The shift towards investment migration has seen a significant surge, with Henley & Partners reporting inquiries from clients spanning 94 countries in the past year. The firm has received requests from over 180 different nationalities, highlighting a growing global interest in investment-based immigration solutions. Dominic Volek, Group Head of Private Clients at Henley & Partners, acknowledges that the introduction of the Gold Card visa in the U.S. presents a unique opportunity for high-net-worth individuals looking to ensure their residency with a clear path to citizenship.
The U.S. is recognized as the leading nation in the creation and accumulation of private wealth. According to the USA Wealth Report published by Henley & Partners, the country constitutes approximately 32% of the world’s liquid investable wealth, amounting to an astounding $67 trillion. Moreover, it is home to 37% of the world’s millionaires. Volek advocates for investment-based immigration programs that reconcile investor benefits with national economic growth. The introduction of the Gold Card program amplifies the U.S.'s status as a premier destination for global investors, ensuring a strategic framework that is mutually advantageous for affluent migrants and the American economy.
Economic Growth through Wealthy Migrants
The role of wealthy migrants in driving economic growth cannot be overstated, as they not only bring in capital but also contribute significantly through taxes, business creation, and job generation. Dr. Steffen argues that retaining and attracting affluent migrants is essential for economic expansion, particularly for wealthier regions such as the U.S. and Europe. The migration of wealth and talent fosters various benefits, including increased foreign currency inflow, enhanced stock investments, and the stimulation of local job creation, especially in high-value sectors like luxury retail, high technology, and prime real estate.
Additionally, many relocated millionaires are entrepreneurs and business founders who initiate new ventures, thus spurring economic activity and enhancing the long-term prosperity of their new host countries.
In conclusion, as Henley & Partners prepares to collaborate with the U.S. government to engage potential investors interested in the new Gold Card visa, the firm is poised to assist in navigating the evolving landscape of U.S. immigration. The endorsement of the 'Trump Gold Card' highlights the ongoing effort to position the U.S. as a desirable landing spot for wealthy individuals looking to make a lasting impact.