Karl Mehta (@karlmehta)
President Trump just hosted a high-stakes cabinet meeting at the White House.One by one, top Cabinet members delivered Major Announcements — directly reporting to the American people.Here’s everything you should know (and no joke, it gets crazier the furth...
Gold card? Potential US citizenship? What’s that? Can someone explain that to me? Please.
I believe this is $5M buy a US citizenship program to bring in more high wealth people.
No, I want the borders closed to all. All illegals, all H1bs, all foreign students out. Build up and educate Americans, obviously minus all the bullshit kids are force fed today.
I am with you.
Seems some people disagree. Seems they want immigrants to continue to come here, taking jobs that Americans are perfectly qualified for.
Getting our jobs, and leave us with nothing. No more people in this country. We have a lot of illegals and terrorists from Ukraine and all over the world, why in the world we want those people here? Don’t we have enough qualified Americans here?
It could be that the actual answer to that question is "no." But the problem is salary-scraping. On the one hand, we don't like outsourcing our jobs to places like India. But the clever corporations "insource" the outsourcing by getting the Indian employees to come to America and pay them shit.
It is happening in more fields than technology. Health care services are seeing the introduction of many doctors from out-of-country, and nursing care now depends mostly on immigrants from Asia and Africa. It is not a great living, but they survive and raise families. (My wife came out of that "industry," even though she is qualified for business management positions.) Normal Americans are not interested in that work, but there is a large requirement for it. I suspect the real answer involves discontinuing welfare. We have cultivated a layabout culture, busy with cellphones and gaming.
Normal Americans are interested in that work, but the immigration visa programs have made it far more difficult for them to obtain it, or make a living doing it.
We'll be getting a lot of zionists soon when Israel goes down. Maybe that's what he invented the gold card for.
poor folks need to stay away. this country is for earners that generate tax revenue.
A "gold card" is a special type of work visa that can only be purchased by US companies. It costs $5 million bucks. That company can then grant their gold card visa to any qualified foreigner they wish to hire. In theory, it allows US companies to recruit top notch, high skilled labor that otherwise may not be able to get a work visa in the US. The high cost, and special requirements dissuades companies from importing just anyone for cheap migrant labor.
grant one gold card to anyone, just one? For 5 million they could hire a dozen highly qualified Americans. I'm wondering if this "gold card" provides a company with the ability to bring in dozens, if not hundreds, of foreign workers. That would be the only way it would make sense for a company to put out that much money just to get people working for them.
No. It is 1 gold card per employee. $5 million per employee.
If that is the case, I don't see how any company would do that, in economic terms. Perhaps it would be used for some relative of someone in the company.
$5M is rounding error for any of the top 1000 corporations in America. Plus, it is a "business expense" directly deductible from profits. This is nothing for them. If they want to steal talent from a foreign competitor and hire an Executive with a salary of $1-2M per year and they expect to keep that person for 3-4 years rather than 1 year on a temporary work permit, the numbers may actually make sense. Corporations probably view the $5M as a "fringe benefit" (but not taxable for employee like some insurance) and a powerful recruiting tool.
I haven't heard of U.S. corporations seeking overseas business people. It seems it is only overseas tech people they want, and seemingly only because they can get them to work for less than U.S. citizens.