Former US President Donald Trump has announced a new ‘Gold Card’ program, which could replace the EB-5 visa program. Under this scheme, foreign investors can invest a large amount of money and get permanent residency in the US. Trump said that the price of this Gold Card would be around $5 million (about ₹43 crore). This would provide benefits similar to a US Green Card.
However, with ₹43 crore, you can enjoy a luxurious life in India instead of buying the Gold Card. Let’s see what you can get for this amount in India.
Luxury Cars and Houses
- You can buy three Rolls Royce Phantom VIII EWB cars, each costing around ₹12 crore.
- In cities like Mumbai, Delhi, Bangalore, and Gurgaon, you can buy multiple luxury apartments or even an ultra-luxury villa in Kolkata.
Fixed Deposit for Passive Income
If you invest ₹43 crore in a fixed deposit, you could earn approximately ₹3 crore annually as passive income without tax. Investing in stocks or gold might give you even better returns.
Travel and Gadgets
- With ₹43 crore, you can travel the world 217 times, assuming each trip costs ₹20 lakh.
- You can also buy around 3,629 iPhone 16 Pro smartphones (each costing around ₹1,20,000).
Feeding Millions
According to government data, a single meal costs around ₹9.29. With ₹43 crore, you could provide meals for 4.68 crore children in India.
Conclusion
Instead of spending ₹43 crore on a Gold Card, one could live a luxurious life in India with expensive cars, real estate, world tours, and financial security. The decision depends on whether you prefer US residency or a high-end lifestyle in India.