Trump’s $5M Gold Card: New Route to U.S. Citizenship for Wealthy Immigrants

 


President Trump announces $5M Gold Card visa in the Oval Office
President Trump announces $5M Gold Card visa in the Oval Office




In a bold move, President Trump has announced a plan to sell a “gold card” visa for $5 million. This new visa would give wealthy foreigners a fast track to U.S. residency and, eventually, citizenship. The program is set to replace the long-standing EB-5 visa.


The gold card aims to attract rich investors from around the world. Its supporters say it will bring more jobs and higher tax revenue to the U.S. Commerce Secretary Howard Lutnick called the EB-5 program “full of nonsense, make-believe, and fraud.” He believes the new plan will fix these problems by setting a higher price and stricter checks.


The new visa will not require job creation as a condition. Instead, the focus will be on the investment of $5 million. President Trump added that up to one million cards might be sold. He even hinted that Russian oligarchs could be among the buyers, noting he knows some “very nice people.”


Critics say that selling a path to citizenship may put wealth ahead of talent and merit. They also worry that the plan might face legal hurdles. Immigration experts point out that the current EB-5 visa was set up by Congress. Many believe that changing this program without new laws could be challenging.


The administration insists the gold card will help cut the national debt. The idea is that the money raised could be used to improve the U.S. economy. The plan is scheduled to roll out in about two weeks.


This new approach has stirred a mix of hope and concern. Some see it as a way to bring in global talent and investment. Others fear it will create a two-tier system favoring rich individuals. The proposal sparked lively debate among lawmakers, immigration experts, and the public.


As details continue to emerge, many are calling for a balanced view. Constructive discussion is needed to weigh the benefits of increased investment against the risks of a wealth-based immigration system. This news update is meant to inform and encourage dialogue on an issue that could reshape U.S. immigration policy.


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