Trump ‘Gold Card’ Could Attract More Rich People. Would They Be Good Clients for Advisors?
We at International Assets Advisory have worked with many non-US clients over the years, and it shows in this #Barron’s interview of #IAA founder and CEO @EdConfrancesco about President Trump’s proposed “Gold Card” to replace the EB-5. The proposal has real merit, as Ed points out, but there is also real doubt that a million people would take advantage of the program. It would be a $5 trillion windfall for the US Treasury but, as Ed points out, nearly half of the people on Earth with sufficient wealth to afford the visa are already US citizens or legal residents.
Read the article here: https://www.barrons.com/advisor/articles/trump-gold-card-financial-advisors-dcfca291?mod=RTA