President Trump has announced a new immigration initiative known as the gold card program, which would replace the existing EB-5 visa program that grants permanent residency. This new scheme requires a $5 million investment from foreign nationals and seeks to attract affluent individuals whose wealth could benefit the U.S. economy through taxes and job creation. Trump emphasized the value of bringing in high-achieving professionals and indicated that this program would ensure that wealthy immigrants contribute to the fiscal system while creating employment opportunities in the country.
We're going to be selling a gold card. You have a green card. This is a gold card. We're going to be putting a price on that card of about $5 million.
The gold card will bring in with it people that create jobs, very high-level people. I think companies will pay to get people in.
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