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Trump floats selling $5 million 'gold card' as pathway to citizenship

  • President Donald Trump proposed a plan to issue 'gold cards' for $5 million investments from foreign nationals for U.S. Residency and citizenship.
  • The 'gold card' will provide U.S. Residency and a route to citizenship for those who invest $5 million, according to Trump.
  • Commerce Secretary Howard Lutnick stated that the 'Trump Gold Card' would replace EB-5 visas in two weeks.
  • The plan aims to raise the cost for investors and reduce issues related to fraud in the EB-5 program.
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Forbes broke the news in United States on Tuesday, February 25, 2025.
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