🪙 Golden visas

Published about 1 month ago • 1 min read

Good day to you Reader,

Yesterday, President Trump mentioned that the US would start "selling" Gold Cards to wealthy foreigners. They're like green cards except they cost $5,000,000.

At first, you might think this is some novel idea but it's not - they're known as golden visas. Several other nations (including the U.S.) offer permanent residency, with a path towards citizenship, in return for investment or donations.

I explain in this short Instagram video.

🪙 Golden Visa are not new

If you have hundreds of thousands of dollars to invest, you could get permanent residency with a path towards citizenship in a lot of countries.

They aren't all called Golden Visas, there are sometimes negative stigmas to that name, but they are variations on the same theme.

For example, Germany offers a Schengen Visa which gives you a residence permit with a path towards citizenship if you invest at least €360,000 (that's the recommended amount).

I found this subject fascinating.

👉 All about Golden Visas

⚠️ Social Security Fairness Act

Social Security recipients (and forward this to someone who you know this may impact) - if you were impacted by the Windfall Elimination Provision (WEP) or Government Pension Offset (GPO), the Social Security Fairness Act eliminated those rules retroactively for 2025.

If you didn't apply for benefits because of WEP or GPO, you may want to now.

Details:

👉 Read about it on SSA.gov

🏦 How to file taxes for free

As we're now deep into the tax filing season, I wanted to share this post again - here are all the ways to file your taxes for free:

👉 How to File Your Income Taxes for Free (or at discount)

What did you think of today's email?
✅ I Loved It! 🟨 It Was Okay ❌ Not My Favorite

Take care!

Jim

PS. The Capital One Venture Rewards Card now has a $1,000 bonus! One of the biggest bonuses we've seen in a while.

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