US President Donald Trump proudly showed reporters aboard his Air Force One plane a $5 million "gold card" with his image, which wealthy foreigners can obtain.
Points of attention
- Donald Trump proudly introduced a $5 million “gold card” program aimed at granting residency in the US to foreign investors.
- The “gold card” system is an update to the EB-5 visa program, offering individuals the opportunity to obtain a green card through significant investments in the US economy.
- The initiative has sparked debates between supporters who believe it can bring capital to the US and critics who argue that focusing on attracting skilled talent should be the priority.
Trump flaunted his “gold card”
Trump's proposed "gold card" program would grant residency in the US to individuals who invest $5 million in the country.
For $5 million, it can be yours. That was the first of the cards. Do you know what card it is? It's the gold card, the Trump card.
Donald Trump
President of the United States
Back in February, Trump announced plans to start selling "gold cards" that would grant privileges to foreigners with "big pockets." Trump said at the time that Russian oligarchs could be eligible to buy such a card.
Donald Trump Truth Social 4/03/25 06:22 PM pic.twitter.com/4vMINz1W8w
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) April 4, 2025
Trump claimed that he was the first buyer of the card and explained that it would likely "be released in less than two weeks."
The "golden card" system is based on an update to the EB-5 visa program, which gives foreign citizens who have invested about $1 million in the United States the opportunity to obtain a green card, which differs from a visa in that it allows permanent residence and opens the way to citizenship.
Unlike certain visas that tie foreigners to specific jobs, green cards give migrants flexibility in choosing where to work.
The "gold card" initiative, announced as part of a broader immigration reform, marks the US president's focus on investment-based immigration. Supporters argue it could bring significant capital to the US, while critics argue that attracting skilled talent should be a priority.
