Trump’s new ‘Gold Card’ visa plan targets rich foreign investors: Live Upda
February 26, 2025 / /
President Donald Trump has introduced a new immigration program called the “Trump Gold Card,” aimed at attracting wealthy foreign investors to the U.S. by offering a pathway to permanent residency in exchange for a $5 million investment. The initiative is set to replace the existing EB-5 visa program and is expected to generate significant revenue.
What to know:
- The Trump Gold Card requires a $5 million investment for eligibility.
- It provides green card benefits and a pathway to U.S. citizenship.
- The program is scheduled to launch in two weeks.
- Up to 1 million Gold Cards could be issued, though the final number may vary.
- Commerce Secretary Howard Lutnick emphasized a strict vetting process.
- The existing EB-5 program, which required job creation, will be phased out.
Stay with Newsweek as we follow the latest developments.
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