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Honestly the “Gold Card” doesn’t worry me too much - the US has had investor visas for a long time. The related “Platinum Card” on the other hand makes me abso
by noodlesUK 1y ago
Honestly the “Gold Card” doesn’t worry me too much - the US has had investor visas for a long time.
The related “Platinum Card” on the other hand makes me absolutely livid. It means that for $5 million, there’s a status available that is arguably better than US citizenship, granting 270 days of presence in the U.S., and exemption from US taxation. I am a U.S. citizen who spends <30 days per year in the U.S., and I can’t even open an ISA in the UK where I live due to the US’s global tax rules, let alone anything more complex. To have citizenship based taxation and then grant a special status to foreign wealthy individuals is a slap in the face of decency.
270 days in the U.S. is also long enough to become tax non-resident in whatever country you’re spending the other 90 days in, making it likely that you’d be tax resident nowhere.
- anotherhue 1y agoYes, this is the real announcement. Global tax free status without all the usual tricks. One easy payment!