Trump’s golden visa stirs interest among Gulf’s wealthy investors
The $5 million document's attractions include America’s relative economic stability, greater access to markets in the U.S. and the prestige of residency
U.S. President Donald Trump takes questions at a White House news conference (Getty Images)
Every one of the six countries in the GCC offers its own golden visa program aimed at attracting high-net-worth foreigners to help bolster their economies.
Now Gulf investors themselves are looking into the $5 million “gold card” visa that U.S. President Donald Trump said would soon be introduced, Riyadh-based Arab News reports.
Among the attractions are America’s relative economic stability, greater access to markets in the U.S., and the prestige of residency there.
One Saudi investor told the newspaper that the Trump golden visa could strengthen economic ties between the U.S. and the Arab world while driving investments into a variety of key industries.