Trump's Proposed 'Gold Card': A Fast Track to US Citizenship for the Wealthy?

2025-05-07
Trump's Proposed 'Gold Card': A Fast Track to US Citizenship for the Wealthy?

A proposed 'gold card' program, allowing wealthy individuals to obtain US green cards for a $5 million investment, has sparked debate. This initiative would potentially replace the EB-5 investor visa, which requires a $1.05 million investment and job creation. While the EB-5 program has rigorous vetting to prevent illicit funds, the proposed 'gold card' lacks clarity on its screening process, raising concerns about potential abuse by wealthy individuals, particularly foreign oligarchs. Supporters argue it boosts the economy, while critics cite increased inequality and potential for misuse. The program's launch date remains uncertain.

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