President Donald Trump has only been enthusiastic about allowing one specific group of foreigners into the United States: White South Africans. In fact, data showPresident Donald Trump has only been enthusiastic about allowing one specific group of foreigners into the United States: White South Africans. In fact, data show

White South Africans Trump invited as refugees go back — because America is too expensive

2026/03/11 23:11
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

President Donald Trump has only been enthusiastic about allowing one specific group of foreigners into the United States: White South Africans. In fact, data show Afrikaners are the only group admitted by the Trump administration under refugee programs since October, spurred on by conspiracy theories from figures like Elon Musk that there is a "white genocide" going on in that country.

But even as Trump claims Afrikaners are a persecuted minority fleeing oppression and violence, many currently living in America are deciding to go back — because America is too expensive for them.

According to Reuters, "Home Affairs Minister Leon Schreiber said 1,000 people had reclaimed their citizenship, a number he expected to grow significantly as the programme takes off. 'There is definitely a sense of optimism for South Africans abroad,' said Schreiber, part of the white-led Democratic Alliance party that has ruled in coalition with the African National Congress since 2024. He is a returnee himself, having spent time in the U.S. and Germany before coming home in 2016."

Many of those who are returning, per the report, cite "better quality of life" and "lower cost of living," while others cite crime in America as a problem. One such person is Andrew Veitch, who moved to California in 2003 — long before Trump's refugee policy began — after he was robbed at gunpoint in his home country. Now, however, he thinks crime is worse here: "People are being shot in broad daylight. American citizens are being shot and killed. I don't want to live in a place like this."

"A boom in remote working since the COVID-19 pandemic has also helped; three of the returnees interviewed by Reuters kept their jobs abroad.," noted the report. "Many South African professionals have extensive private security at ⁠home which minimizes crime risks."

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$2.942
$2.942$2.942
+0.27%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Tether CEO Delivers Rare Bitcoin Price Comment

Tether CEO Delivers Rare Bitcoin Price Comment

Bitcoin price receives rare acknowledgement from Tether CEO Ardoino
Share
Coinstats2025/09/17 23:39
CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
Solana Overtakes Ethereum In Trillion-Dollar Sector, Is There A New King In Town?

Solana Overtakes Ethereum In Trillion-Dollar Sector, Is There A New King In Town?

Solana has overtaken Ethereum in terms of total real-world asset (RWA) holders, providing a positive sign for the network. However, Ethereum remains ahead in total
Share
Bitcoinist2026/03/12 01:00