March 1, 2025 - 16:07
In a surprising turn of events, the president's announcement of a $5 million "gold card" alternative to traditional green cards has ignited apprehension within the real estate sector. This new initiative is designed to replace a visa program that has become a popular financing option for major developers looking to attract foreign investment.
Real estate professionals are voicing their concerns that the introduction of this gold card could disrupt the established flow of capital that has been crucial for numerous high-profile projects. The visa program has historically allowed foreign investors to secure residency in exchange for substantial investments in U.S. real estate, thereby fueling growth in the industry.
Experts worry that the shift to a gold card system may lead to uncertainty among investors who are accustomed to the existing visa framework. As developers navigate this potential change, the overall impact on the real estate market remains to be seen, with many stakeholders closely monitoring developments.
