Overview
- Donald Trump formally announced the 'Gold Card' program on April 3, 2025, aboard Air Force One, branding it as the 'Trump Card.'
- The program allows affluent individuals to gain permanent U.S. residency for $5 million, with a potential pathway to citizenship.
- The 'Gold Card' is set to replace the EB-5 investor visa, which has faced criticism for fraud and misuse in the past.
- The initiative targets wealthy immigrants and individuals with exceptional talents, with sponsorship options available from companies or individuals.
- The program is expected to launch within two weeks, though details on legal and procedural hurdles remain unclear.