$5 million for US residency? Trump proposes ‘Gold Card’ visa

New program offers wealthy investors a path to citizenship

Stars Insider

26/02/25 | StarsInsider

LIFESTYLE Immigrants

President Donald Trump has announced a new 'Gold Card' visa program, offering a path to US citizenship for $5 million. The proposal would replace the existing EB-5 investor visa, which has been in place since 1990 and requires foreign investors to spend at least $1 million on businesses that create American jobs. Trump claims the new system will attract wealthy, successful individuals who will contribute significantly to the economy through taxes and job creation.

Unlike the EB-5 visa, Trump’s plan does not specify job creation requirements. The American president suggested selling up to 10 million Gold Cards to reduce the national deficit. He described the initiative as a “higher level of sophistication” alternative to traditional green cards, aimed at individuals of "wealth or people of great talent." Trump also stated that the program would not require congressional approval, despite citizenship qualifications typically being determined by Congress. Investor visas are widely used around the world, with over 100 countries offering similar programs, including the UK, Canada, and Spain.

Immigration has driven US population growth to its fastest pace in 23 years, surpassing 340 million residents, according to the United States Census Bureau. Recent migration levels, averaging 2.4 million annually from 2021 to 2023, have outpaced even the peak Ellis Island years of the early 20th century. This historic surge underscores the significant role of immigration in shaping the nation's demographics.

Intrigued? Click for more information on America's record-high population growth.

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