Former President Donald Trump has proposed a new immigration initiative that could attract wealthy individuals to the United States: the $5 million ‘Gold Card’ visa. This program would grant permanent residency to individuals who make a substantial financial investment in the U.S. economy, such as through job creation or investments in key industries. Trump believes that these visas will be in high demand, claiming they will ‘sell out quickly’ due to the benefits they offer, including fast-tracked residency and access to the U.S. market.
The ‘Gold Card’ visa program is positioned as a way to draw affluent individuals who can help stimulate the economy through investments. While supporters argue it could boost job creation and innovation, critics question whether it would lead to further inequality or diminish the focus on other immigration priorities. Trump’s proposal has sparked conversation about the role of money in U.S. immigration policy and its potential to reshape the current system.
What impact will the ‘Gold Card’ have on U.S. immigration? Only time will tell.