Trump's $5M 'Gold Card' Visa
Analysis based on 20 articles · First reported Feb 26, 2025 · Last updated Feb 26, 2025
The proposed 'Trump Gold Card' program could significantly impact the United States' economy by attracting substantial foreign investment, potentially reducing national debt and creating jobs. It would also reshape the landscape for wealthy foreign investors seeking residency and citizenship in the United States, replacing the existing EB-5 visa program.
Donald Trump announced a new immigration initiative, the 'Trump Gold Card', which would offer a path to United States citizenship for a $5 million fee. This program is intended to replace the existing EB-5 visa program, which Donald Trump and Howard Lutnick criticized for being prone to fraud and having a low price point. The 'Trump Gold Card' aims to attract wealthy and talented individuals to the United States, who would contribute to the economy through spending, taxes, and job creation. While the United States traditionally determines citizenship qualifications, Donald Trump suggested the 'Trump Gold Card' would not require congressional approval. The EB-5 visa program, created by the United States in 1990, allowed foreign investors to gain permanent residency by investing in United States businesses that created or preserved jobs. More details about the 'Trump Gold Card' scheme are expected in the coming weeks.
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