Trump to Launch ‘Gold Card’ Visas That Would Grant Residency for $5 Million

Contact Your Elected Officials
The Epoch Times Header

The new visa will grant green card privileges and a path to citizenship. ‘Wealthy people will be coming into our country,’ the president said.

President Donald Trump announced his administration would start selling so-called gold-card visas for $5 million each, in the next two weeks.

“That’s going to give you green card privileges, plus it’s going to be a route to citizenship, and wealthy people will be coming into our country by buying this card,” Trump said on Feb. 25.

“They’ll be wealthy, and they‘ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it’s going to be extremely successful, and never been done before anything like this.”

The president was joined by Secretary of Commerce Howard Lutnick, who explained that the gold card would be replacing the EB-5 investor visa. According to U.S. citizens and immigration services, EB-5 allows a foreign national to obtain a green card by making a high enough investment into a commercial enterprise in the United States and providing a plan to create or preserve at least 10 full-time jobs for qualified U.S. workers.

Lutnick described the EB-5 as being “full of nonsense, make-believe, and fraud,” getting a green card at a very low price.

“They’ll have to go through vetting, of course,” Lutnick said. “We’re going to make sure they’re wonderful, world-class global citizens. They can come to America, the president can give them a green card, and they can invest in America, and we can use that money to reduce our deficit.”

Trump noted that the United States is $35 trillion in debt, and if the country sold 10 million gold cards, that would mean a total of $50 trillion.

Along with seeing this as an opportunity to draw affluent immigrants to the country who are going to create jobs, the president also expects American companies like Apple to pay the $5 million to ensure certain people can work for them.

“They’re not citizens, but they‘ll have to pay if they create jobs in the United States. They’ll pay full taxes like everybody else,” Trump said of the would-be gold card holders. ”So you’re getting big taxpayers, big job producers, and we’ll be able to sell maybe a million of these cards, maybe more than that.”

Trump assured members of the press that the gold card was “totally legal to do.” He didn’t say if the administration would limit the number of immigrants who can gain entry by purchasing a gold card, suggesting that the number of cards sold could be in the millions.

By T.J. Muscaro

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

The Sacred Honor of the 56

Today we're celebrating the sacred honor of the 56 men who signed the Declaration of Independence.

Alligator Alcatraz: A Bold Step Toward Secure Borders

Alligator Alcatraz funded through FEMA, represents a decisive move by the Trump admin to address illegal immigration with efficiency and resolve.

Is America Broke?

Silicon Valley investor and economic commentator Balaji Srinivasan made...

Hungary: Pride™ Cometh Before the Color Revolution

The EU engaged in a diplomatic siege of the Eastern European nation-state of Hungary pressuring it into embrace global trannyism or face wrath of Brussels.

Understanding the Trump/Musk Feud

The passion Trump and Musk exhibit over the OBBB is not contrived or for show. Each is addressing the problem from completely different approaches.

Noem Waives Environmental Restrictions to Fast-Track Water Barriers in Rio Grande

DHS Sec Kristi Noem waived federal environmental laws to fast-track construction of 17 miles of waterborne barriers in the Rio Grande in South Texas.

Federal Officials Warn of ‘Lone Wolf’ Terror Threats on July 4, NY Governor Says

NY Gov. Kathy Hochul confirmed that federal officials informed her about a possible terrorist threat ahead of the July 4 Independence Day holiday.

Record 1 in 5 Buyers of New Cars Committing to $1,000-Plus Monthly Payments: Edmunds

The share of new car buyers committing to make monthly payments of $1,000 or more hit an “all-time high” in the second quarter of 2025.

US Economy Adds 147,000 New Jobs, Unemployment Rate Dips to 4.1 Percent in June

The U.S. job market remained strong in June, as labor conditions continued to hold up amid economic uncertainty.

US Keeps Pressure on Chinese Goods Amid Vietnam Trade Deal

Transshipping—rerouting goods through a third country to disguise the origin of the products—is a focal point of trade negotiations with Asian markets.

White House Report Reveals Top Earners, Staffers Working for No Salary

The Trump admin released its yearly report that shows the salaries for White House staffers, also revealing officials who aren’t accepting salaries at all.

Transportation Secretary Urges Governors to Remove Political Messages From Crosswalks, Intersections

Duffy sent letters to governors, mayor of D.C., and gov of Puerto Rico urging them to remove political messaging from intersections and crosswalks.

Bessent: US, India Near Agreement to Lower Tariffs

The United States and India are “very close” to a trade agreement, Treasury Secretary Scott Bessent said on Tuesday.
spot_img

Related Articles