Donald Trump announced a new “gold card” visa offering a path to citizenship for $5 million, replacing the 35-year-old EB-5 investor visa.
“These individuals will be wealthy, successful, and contribute significantly to the economy through spending, taxes, and job creation,” Trump said.
Commerce Secretary Howard Lutnick stated the “Trump Gold Card” would launch in two weeks, increasing investment thresholds while addressing fraud concerns tied to the EB-5 program. Like other green cards, it would offer a path to citizenship.
Investor visas are common globally, with over 100 countries offering similar programs. Trump suggested the U.S. could sell 10 million gold cards to reduce the deficit but did not specify job creation requirements.
He described it as a more “sophisticated” green card for the wealthy or talented, with businesses potentially sponsoring skilled individuals. While Congress sets citizenship rules, Trump claimed his plan wouldn’t require congressional approval.
