Archive · 23 May 2025
Trump's New Gold Card Visa Program to Launch Soon
The US is starting a new program for rich people from other countries, called the 'gold card.'
If they invest $5 million in the US, they can get a green card and eventually become citizens.
A website, 'trumpcard.gov,' will launch soon for this program.
The government hopes this will bring in money, create jobs, and possibly help pay off debt.
It replaces an older program called EB-5, but some people are concerned about the program's legality.
The U.S. is launching a 'gold card' visa program.
Foreign nationals can gain residency and citizenship with a $5 million investment.
The program replaces the existing EB-5 investor visa scheme.
The website 'trumpcard.gov' will provide details and registration.
The program aims to stimulate the economy and potentially reduce national debt.
- Who
- The Trump administration.
- What
- The launch of a 'gold card' visa program offering permanent residency and citizenship for a $5 million investment.
- When
- Website 'trumpcard.gov' expected to go live in about a week.
- Where
- United States.
- Why
- To attract wealthy foreign investors, stimulate the U.S. economy, and potentially reduce national debt.
Critics
Supporters
Economic Impact & Legality
Critics
Concerns about the program's legality and whether it requires Congressional approval.
Supporters
Attracts wealthy individuals to stimulate the economy and potentially reduce US debt.
EB-5 Program Replacement
Critics
The program dismantles the previous EB-5 visa framework.
Supporters
The program is a new approach to attract foreign investment.
- Program Name
- Gold Card Visa
- Investment Required
- $5 million
- Benefit
- Permanent Residency & Citizenship
- Replaces
- Replaces EB-5 investor visa scheme
- Website
- trumpcard.gov
- Commerce Secretary
- Howard Lutnick
- Early Interest
- Strong interest reported in the Middle East