US President Donald Trump has introduced a new $5 million residency permit, dubbed the “gold card,” aboard Air Force One on Thursday. The president unveiled the first prototype of the card, which bears his likeness and the inscription, “The Trump Card,” during an interaction with reporters.
Trump described the new visa as a high-end version of the traditional green card, designed to attract job creators and contribute to reducing the US national deficit. He shared that the card would likely be available to the public in “less than two weeks,” adding, “I’m the first buyer. Pretty exciting, huh?”
The billionaire former real estate mogul emphasized that this new initiative would provide a pathway to coveted US citizenship for those willing to invest. Earlier in February, Trump suggested that his administration hoped to sell up to “maybe a million” of these visas, leaving open the possibility that Russian oligarchs and other wealthy foreign nationals could also be eligible.
This move aligns with Trump’s broader immigration policies, which prioritize reducing undocumented immigration while encouraging investment into the US economy.
The announcement has sparked debates on its potential implications for both US immigration policy and its relationship with foreign investors. Further developments on the “gold card” visa are expected in the coming weeks.
