### Trump Proposes $5 Million 'Gold Card' Visa to Attract Wealthy Immigrants President Donald Trump has announced a new immigration initiative that introduces a 'Gold Card' visa, allowing wealthy foreigners to purchase a pathway to U.S. citizenship for $5 million. This program is set to replace the existing EB-5 immigrant investor visa program, which has faced criticism for its complexity and instances of fraud. Trump claims that the Gold Card will not only streamline the immigration process but also attract successful job creators who will contribute to the U.S. economy by creating jobs and paying taxes. The Gold Card is expected to go on sale soon, with Trump expressing confidence in its appeal to affluent individuals worldwide [https://www.business-standard.com/finance/personal-finance/gold-card-will-be-better-than-green-card-trump-on-new-visa-scheme-125030500308_1.html][https://www.moneycontrol.com/world/trump-on-gold-cards-we-ll-allow-most-successful-job-creating-people-from-all-over-the-world-to-buy-a-path-to-us-citizenship-article-12956597.html]. ### Structure of the Gold Card Visa Proposal 1. **Overview of the Gold Card Visa** - The Gold Card visa will cost $5 million and is designed to replace the EB-5 program, which required a lower investment but has been criticized for inefficiencies and fraud [https://www.firstpost.com/explainers/donald-trump-gold-card-us-economy-investment-13867582.html]. - Trump describes the Gold Card as "more sophisticated" than the traditional green card, aimed at attracting high-level, job-creating individuals [https://www.msnbc.com/msnbc/watch/trump-says-gold-card-is-like-green-card-but-more-sophisticated-233507909690]. 2. **Target Audience and Economic Impact** - The program is aimed at wealthy individuals, particularly those who have graduated from U.S. colleges and are seeking to secure high-level jobs in the U.S. [https://www.cnbc.com/2025/03/03/trump-gold-card-visa-may-attract-rich-college-applicants-from-abroad.html]. - Trump argues that these individuals will contribute significantly to the U.S. economy by creating jobs and paying taxes, which could help reduce national debt [https://www.economictimes.indiatimes.com/news/international/world-news/trump-reveals-gold-card-for-citizenship-will-be-available-soon-on-sale-for-5-million-investment-/videoshow/118723283.cms]. 3. **Implementation Timeline and Legislative Challenges** - The Gold Card program is expected to be available for purchase within weeks, with Trump emphasizing a sense of urgency for potential investors [https://www.siasat.com/trumps-gold-card-to-give-us-citizenship-will-be-on-sale-in-two-weeks-3186707]. - However, experts have raised concerns about the program's viability, including potential legal challenges and the need for congressional approval [https://www.economictimes.indiatimes.com/nri/migrate/trump-plans-to-make-5-trillion-off-your-american-dreams-but-will-it-be-as-easy-as-he-thinks/articleshow/118617255.cms]. ### Supporting Evidence and Data - **Investment Requirement**: The Gold Card requires a $5 million investment, significantly higher than the previous EB-5 program's minimum of $800,000 to $1,050,000 [https://www.ndtv.com/video/what-is-trump-s-5-million-gold-card-pathway-to-us-citizenship-907697]. - **Economic Contributions**: Trump claims that individuals who can afford the Gold Card will create jobs and contribute to the economy, potentially generating significant tax revenue [https://www.breitbart.com/economy/2025/03/04/trump-pushes-gold-card-white-collar-migrants]. - **Public Reception**: Initial reactions suggest a strong interest in the program, with Trump stating it may "sell like crazy" [https://www.moneycontrol.com/news/world/trump-announces-5-million-gold-card-immigration-visa-going-to-sell-like-crazy-12951495.html]. ### Conclusion: Implications of the Gold Card Visa Proposal In summary, **Trump's proposed Gold Card visa represents a significant shift in U.S. immigration policy**, targeting wealthy individuals willing to invest in the country. The initiative aims to replace the EB-5 program, promising a streamlined process for obtaining citizenship while potentially boosting the U.S. economy through job creation and tax contributions. However, the program faces challenges, including legal hurdles and the need for legislative approval, which could impact its implementation timeline. 1. **Gold Card Overview**: A $5 million investment for a pathway to citizenship, replacing the EB-5 program. 2. **Target Audience**: Aimed at wealthy job creators, particularly international graduates from U.S. colleges. 3. **Implementation Challenges**: Urgency for potential investors, but concerns about legal and legislative hurdles remain. The success of this initiative will depend on its reception among potential investors and the ability to navigate the complexities of U.S. immigration law [https://www.thehindu.com/news/international/trump-sees-a-thirst-for-his-gold-card-visa-idea-with-5-million-potential-path-to-us-citizenship/article69269349.ece].