(VitalNews.org) – American immigration is in for a complete overhaul with President Donald Trump’s innovative “Gold Card” program.
The initiative will require a $5 million investment from wealthy foreigners seeking citizenship, replacing the fraud-plagued EB-5 visa program.
This bold initiative could generate billions for the U.S. economy while ensuring only thoroughly vetted, financially stable immigrants gain entry to America, addressing both budget concerns and illegal immigration issues.
President Trump announced the revolutionary program as a way to attract high-quality immigrants while boosting America’s finances.
“We are going to be selling a gold card. We are going to be putting a price on that card of about $5 million,” the president declared, outlining his vision for bringing wealthy investors into the country through legitimate channels.
The Gold Card will offer green card privileges and a pathway to citizenship for those willing to make substantial investments in America.
Unlike the current EB-5 program, which requires investing at least $800,000 to $1.05 million and creating ten American jobs, the Gold Card provides a more straightforward process focused on direct economic contribution.
Commerce Secretary Howard Lutnick praised the initiative while criticizing the existing system.
“It was a way to get a green card that was low price. So the president said, rather than having this sort of ridiculous EB-5 program, we’re going to end the EB-5 program. We’re going to replace it with the Trump gold card,” Lutnick explained.
The Gold Card plan could potentially bring one million wealthy investors to America, generating $5 trillion in direct investment while ensuring these immigrants contribute to the economy rather than burden taxpayers.
President Trump emphasized that cardholders “will be wealthy and they’ll be successful and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people.”
The program mirrors successful immigration initiatives from other nations like the U.K.’s Tier 1 Investor visa, which has attracted significant foreign investment.
However, President Trump’s plan includes strict vetting procedures to ensure only desirable immigrants receive the privilege of American residency.
Secretary Lutnick confirmed that the Gold Card is expected to launch within two weeks and will replace the current EB-5 program entirely.
He emphasized that despite the simplified process, all applicants would face thorough security screenings before approval.
President Trump anticipates that major companies will use the Gold Card to bring educated workers to the United States, addressing skilled labor shortages in key industries while maintaining America’s competitive edge globally.
“They’ll be wealthy and they’ll be successful and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people. And we think it’s going to be extremely successful and never been done before anything like this,” the president said.
This approach prioritizes merit and financial contribution over the chaotic illegal immigration currently overwhelming the southern border.
The Gold Card initiative represents Trump’s business-minded approach to governance—turning immigration, typically viewed as a liability, into a revenue-generating asset for America.
By requiring substantial investment from would-be citizens, the program ensures immigrants have skin in the game and a vested interest in American prosperity.
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