On February 26, 2025, President Trump announced the introduction of a 'gold card' program that would permit foreign-born individuals to obtain U.S. citizenship in exchange for a $5 million fee. This initiative, aimed at generating revenue to address the national deficit, plans to replace the existing EB-5 investor visa program. The announcement raises numerous questions regarding implementation and accessibility, prompting an uncertain economic outlook as the administration seeks innovative solutions to fiscal challenges. Further details are expected to be released in two weeks, stirring debate about the implications of such a move.
The gold card will be a pathway to citizenship for a $5 million fee, targeting wealthy foreign individuals, according to President Trump's announcement.
The program aims to replace the EB-5 immigrant investor visa program, shifting focus to paying for citizenship directly.
The Trump Administration's efforts to reduce the deficit could potentially lead to significant economic changes, but questions about the gold card remain.
Commerce Secretary mentioned that the details about the gold card program would be unveiled in two weeks, prompting mixed reactions and skepticism.
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