Trump Introduces $5M ‘Gold Card’ for Wealthy Migrants Featuring His Image
Former U.S. President Donald Trump has unveiled a new immigration plan aimed at attracting wealthy foreign investors. The proposal includes a $5 million "gold card" that would allow high-net-worth individuals to live and work in the United States. The card is expected to feature Trump’s image as a symbol of his endorsement.
What is the Gold Card?
The proposed gold card is designed as a premium alternative to traditional visas. It would allow wealthy migrants to gain long-term residency in the U.S. in exchange for a significant investment in the country’s economy.
According to Trump’s team, the initiative aims to bring job creators and investors to America, boosting economic growth. While full details of the program have yet to be disclosed, it is being compared to the EB-5 investor visa, which grants green cards to individuals who invest in U.S. businesses.
Why is Trump Introducing This Plan?
Trump has frequently criticized the current immigration system and has pushed for reforms that prioritize skilled and wealthy migrants. By introducing a high-value residency option, he aims to attract investors who can contribute financially to the country while limiting lower-income migration.
Public Reaction and Political Debate
The proposal has sparked mixed reactions. Supporters argue that it will benefit the U.S. economy and create jobs, while critics see it as a way to favor the rich over other immigrants seeking opportunities in America. Some also question the ethics of featuring Trump’s image on the card.
As the 2024 election approaches, this immigration plan is likely to become a major talking point in Trump’s campaign. It remains to be seen whether the policy will gain support or face opposition in Congress.