Trump Unveils “Gold Card” Program, Offering Residency and Citizenship for $5 Million

In a move aimed at attracting wealthy investors to the United States, former President Donald Trump has announced the launch of a new program that will grant residency and a path to citizenship to individuals who pay $5 million for a “Gold Card.”

The program, which is expected to replace the existing EB-5 Immigrant Investor Program, will allow wealthy individuals to acquire a special “Gold Card” that will grant them residency in the United States and put them on a path to citizenship.

According to Trump, the Gold Card program will launch by the end of March 2025 and will have a “higher level of sophistication” than the traditional green card. The program is expected to generate substantial revenue for the United States, with Trump predicting that the country could sell up to a million Gold Cards.

“We’re going to sell a lot of Gold Cards, and we’re going to make a lot of money,” Trump said. “Wealthy people will be coming into our country by buying this card. They’ll be wealthy, successful, and spending a lot of money.”

The Gold Card program has been designed to attract high-net-worth individuals who are looking to invest in the United States. The program will require applicants to pay a $5 million fee, which will be used to fund various infrastructure projects and create jobs.

In addition to the fee, applicants will also be required to undergo a rigorous vetting process, which will include background checks and other security screenings. Trump emphasized that only “wonderful, world-class global citizens” will be eligible for the program.

While the Gold Card program has been touted as a way to attract wealthy investors and create jobs, it has also raised some concerns. Critics have argued that the program could be used as a way for wealthy individuals to buy their way into the United States, potentially undermining the country’s immigration system.

Despite these concerns, Trump remains confident that the Gold Card program will be a success. He believes that the program will not only generate revenue for the United States but also attract talented and successful individuals who will contribute to the country’s growth and prosperity.

As the launch of the Gold Card program approaches, it remains to be seen how it will be received by the public and how it will impact the United States’ immigration system. One thing is certain, however: the program is likely to generate significant interest and controversy in the coming weeks and months.