This headline from Europe not long ago caught our attention:
An EU state “cannot grant its nationality – and indeed European citizenship – in exchange for predetermined payments or investments, as this essentially amounts to rendering the acquisition of nationality a mere commercial transaction…”
Wow, that gives the U.S. a wide opening for our own Golden Passport program – something Trump supports. Sell visas for $5 million for millionaires who can pass a security check. America can be like the Los Angeles Dodgers – which has been the dominant baseball team for several years now by buying up all the best players.
We get the dollars to reduce our deficit and we get the successful people to come here and invest their money here and their businesses will employ tens, if not hundreds of thousands of American workers.
America can be an all-star team of the greatest entrepreneurs, entertainers, sports stars, business owners, and financiers. The chart below shows that right now we only get about one-quarter of the expatriate millionaires.