Former President Donald Trump is set to launch a groundbreaking Gold Card Visa program aimed at attracting wealthy foreign investors to the United States. The proposal involves a $5 million investment requirement, which would grant applicants U.S. residency. Trump stated, “We are looking to bring in individuals who can create jobs for Americans, and this program will provide an incredible opportunity to those who want to invest in our great country.” This initiative comes as part of Trump’s broader strategy to revitalize the U.S. economy by fostering investment from wealthy foreigners. According to Trump’s announcement, the Gold Card program could potentially generate billions in revenue and create thousands of jobs across various sectors. The initiative is expected to resonate particularly with entrepreneurs and professionals from technology, real estate, and health industries who are looking for a pathway to U.S. residency. Trump elaborated, “The Gold Card will not only attract the best talents but also stimulate national growth.” The program will aim to streamline visa processing for participants and make it easier for them to establish businesses in the U.S. The plan’s details will be outlined in a forthcoming legislative proposal, which Trump has promised will prioritize job creation and economic development. Many experts have expressed skepticism regarding the implementation and ramifications of such a program, citing concerns about the potential for economic inequality. As the 2024 presidential election approaches, this proposal marks a significant shift in Trump’s immigration policy, focusing on economic benefits rather than traditional immigration controls.
Trump Proposes $5 Million Gold Card Visa Program for Wealthy Investors
