President Donald Trump has launched a new "Gold Card" residency program aimed at wealthy immigrants. This Gold Card Visa US will replace the existing EB-5 investor visa program, which has been a common path to permanent residency in the United States.
The change is expected to have a major impact on the US immigration system, especially for Indian applicants who often used the EB-5 visa route.
President Trump has announced a new "Gold Card" visa that offers a faster path to US citizenship for those who invest $5 million in the country.
"We're going to be selling a Gold Card. You have a Green Card; this is a Gold Card. We're going to be putting a price on that card of about $5 million," Trump told reporters.
The Trump $5 Million Visa option would provide the same benefits as a Green Card but with a quicker route to citizenship for wealthy investors.
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