The United States has launched an exclusive Gold Card program, selling 1,000 cards at $5 million each in a single day, raising $5 billion. The initiative, introduced by President Donald Trump, aims to attract high-net-worth individuals by offering U.S. permanent residency without the job creation requirement of the previous EB-5 investor visa. Read the full story here.
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A $5 Trillion Goal & a Simpler Path to U.S. Residency
According to Commerce Secretary Howard Lutnick, the U.S. plans to issue one million Gold Cards, potentially generating $5 trillion. “There are 37 million people in the world who are capable of buying the card… The president thinks we can sell a million.” Lutnick stated, emphasizing the program’s global appeal.
Unlike the EB-5 visa, which required a $1 million investment and the creation of 10 jobs, the Gold Card program only requires an upfront payment, eliminating complex requirements for investors.
To ensure strict background checks, Elon Musk’s team is developing an AI-powered screening system, claimed to be the fastest and most advanced vetting process ever used for immigration.
Impact on U.S. Economy & Investor Interest
The Gold Card grants permanent residency, but many investors may avoid U.S. citizenship due to global tax obligations. The funds raised will contribute to reducing the $36.2 trillion national debt.
With a $5 trillion target, this program could reshape investor immigration forever. But is this a smart investment or just a status symbol for the ultra-rich? Would you spend $5 million for a fast-track U.S. residency?
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