President Trump presents 'gold card 'immigration which give buyers permanent resident in USA

Gold card

US President Donald Trump has introduced a new immigration visa known as the "gold card," aimed at wealthy foreign investors seeking permanent residency in the United States for a $5 million investment.

 Announced during a press briefing on Air Force One, Trump referred to it as the "Trump card," which is intended to replace the existing EB-5 visa program. 

This initiative not only provides a pathway to permanent residency but also offers a route to citizenship after five years, contingent upon the applicant's verification as a global citizen.

Trump highlighted the card's potential to stimulate economic growth, projecting that the sale of one million Gold Cards could generate $5 trillion in revenue, a significant contribution towards addressing the nation's $35 trillion debt. 

Commerce Secretary Howard Lutnick criticized the EB-5 program as flawed and fraudulent, asserting that the new Gold Card will attract high-caliber global citizens. 

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