US President Donald Trump announced the "Gold Card" Visa Program in the Oval Office on Tuesday, February 25, 2025. The US Gold Card will pave the way for US citizenship and permanent residency, according to the Trump administration, for affluent individuals who invest at least $5 million in the US.
According to President Trump, the government may sell 10 million Gold Cards to help reduce the budget deficit because they would be more "high-level Green Cards." He argues that Congress does not need to approve the Gold Card program because it establishes the criteria for US citizenship. Consequently, some have suggested that the program may be launched without the need for congressional approval.
The EB-5 visa, however, will be replaced by the visa program, which US Secretary of Commerce Howard Lutnick has dubbed the "Trump Gold Card." Under the EB-5 visa, you can currently get residency with a Green Card with an investment of $900,000 or $1.8 million. Trump also threatened to remove the "minimum 10 employment requirement" for EB-5 visas from the Gold Card program, referring to the EB-5 program as "nonsense and fraud."
Why Would Investors Choose the US Gold Card Over Affordable EU Golden Visa Programs?
Although the Greece, Italy, and Portugal Golden Visa programs provide much more affordable investment options, the US can stand out as one of the world's largest and most powerful economies. The job market, educational opportunities, the biggest technology companies in the world, and other economic opportunities are all factors that make the US preferable to European countries. Also, the global influence and mobility of the U.S. passport, which offers more diplomatic support and greater access to other destinations, is another important advantage.
Overall Structure of the Golden Card Visa Initiative
The goal of this scheme, which will eventually replace the current EB-5 program, is to allow investors to become citizens and receive permanent residency in the United States. As to Trump's claims: It will bolster the US budget, High-net-worth individuals will move to the nation, and investors will support the employment and real estate sectors.
What’s Changing with US Gold Card?
Compared to the EB-5 Visa, which requires an investment of between $800,000 and $1 million, the Gold Card requires a far greater $5 million investment. The EB-5 Visa is meant for a broad range of investors, but the Gold Card is targeted for extremely rich people. Another important distinction is the job creation requirement; the Gold Card has no specific employment requirements, whereas the EB-5 Visa mandates the formation of at least 10 full-time positions. In addition, the Trump administration asserts that the Gold Card will offer investors a more straightforward and convenient route, while the EB-5 application procedure is notoriously difficult and time-consuming.
Trump’s Gold Card Initiative Is About to Transform the Investment Migration Sector
Although the details are yet unknown, the Gold Card visa program is notable for its significant advances for the US and immigration by the immigration visa investment industry. To obtain citizenship or permanent residency in the United States, candidates currently have to wait years and fulfill several challenging requirements. In contrast, the Gold Card offers the option of direct buying and speeds up this process.
The Trump administration is expected to provide further details about this program soon. However, it is already expected and forecasted that the migration of foreign investors to the United States will be significantly impacted by this policy shift.
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