26 February 2025

Know about Trump “Gold Card” visa Program Road to USA citizenship

Know about  Trump “Gold Card” visa Program Road to USA citizenship 

President Donald Trump announced on February 25, 2025, a new initiative called the "Trump Gold Card." 
This program is intended to replace the existing EB-5 immigrant investor visa, which allows foreign investors to gain U.S. residency by investing in job-creating businesses. 

The current EB-5 program requires a minimum investment of $800,000 to $1.05 million, depending on the area, and mandates the creation or preservation of at least 10 U.S. jobs.

Trump’s "gold card" proposal sets a significantly higher price tag of $5 million. 
He described it as a premium version of a green card, offering permanent residency and a pathway to U.S. citizenship for wealthy individuals. 

As per Trump, the Gold Card would grant “green card privileges plus,” enabling card holders to enjoy all the benefits of permanent residency while also paving the way to citizenship. 
“We are going to be selling a Gold Card,” he told reporters. 
“It’s going to give you green card privileges plus a route to citizenship, and wealthy people would be coming into our country by buying this card.”
He stated that further details of the program would be released in the coming weeks.

Unlike the EB-5, Trump did not mention specific job creation requirements for the gold card, focusing instead on attracting "wealthy and successful" people who would spend money, pay taxes, and employ others in the U.S. 
He suggested the program could generate substantial revenue—potentially trillions—by selling millions of these cards, with proceeds possibly aimed at reducing the national deficit.

Commerce Secretary Howard Lutnick supported the idea, calling the EB-5 program flawed and prone to fraud, and said the gold card would launch within two weeks of the announcement. 
Trump also indicated that even controversial figures like Russian oligarchs might be eligible, provided they pass vetting, emphasizing that applicants would be "world-class global citizens."

The specifics of how this would be implemented remain unclear, especially since immigration policies typically require Congressional approval, and Trump claimed it could be done without it. 
More details are expected soon, but for now, it’s pitched as a high-cost, elite immigration option. 

Indian nationals on H-1B, EB-2, or EB-3 visas can apply for the Gold Card visa, provided they can meet the steep financial requirement