Trump Reveals $5 Million 'Gold Card' Offering U.S. Residency for Wealthy Investors

The program, set to replace the EB-5 visa, has raised $5 billion in pre-sales and will be available within two weeks, according to Trump.

President Donald Trump unveiled the design of the $5 million 'Gold Card,' which offers U.S. residency and a pathway to citizenship for wealthy foreign nationals.
The Gold Card program aims to replace the EB-5 visa, simplifying the process and removing job creation requirements for applicants.
Commerce Secretary Howard Lutnick reported that 1,000 cards have already been sold, generating $5 billion in revenue for the U.S.
Gold Card holders will be exempt from U.S. taxes on overseas income, a key incentive for international investors.
Critics have raised ethical and legal concerns, questioning the program's fairness and its prioritization of wealth over traditional immigration pathways.