By Muhammad Ibrahim
U.S. President Donald Trump has unveiled a new immigration initiative dubbed the “Gold Card” — a $5 million visa program designed to grant wealthy foreign investors permanent residency in the United States.
The gold-coloured card, which Trump called the “Trump Card,” offers a fast-tracked route to U.S. citizenship in exchange for a $5 million investment.
The new program is set to replace the existing EB-5 visa, streamlining the process and reducing the waiting period to less than two weeks.
Announcing the launch, Trump declared himself the first official buyer of the Gold Card and expressed optimism that the initiative would attract “wonderful, world-class global citizens” to the United States.
Details regarding eligibility criteria, investment channels, and oversight mechanisms are expected to be released in the coming weeks.