On February 25, 2025, President Donald Trump introduced a new immigration program offering “gold cards” for $5 million, granting permanent residency and a path to citizenship. The initiative aims to replace the EB-5 visa program and attract high-net-worth individuals to boost the U.S. economy.
Commerce Secretary Howard Lutnick stated that applicants will undergo strict vetting. The administration believes the program could generate significant revenue, but critics argue it prioritizes wealth over job creation and fairness in immigration policy.
