WASHINGTON: US President Donald Trump has unveiled a new immigration initiative called the Trump Gold Card. The announcement came during a press conference, where Trump personally introduced the exclusive card bearing his own image. He also declared himself the first official buyer of this unique card. The program is set to replace the earlier EB-5 Immigrant Investor Visa initiative.
Citizenship for Investment
Under this newly branded Trump Gold Card program, foreigners can acquire US citizenship. The offer stands for those investing $5 million in the American economy. This transformation of the EB-5 visa into a more commercial, card-based program is seen as a bold move. According to Trump, the card will carry green card privileges. That means successful applicants will receive the benefits of lawful permanent residency.
Limited Availability
Trump announced that the Gold Card will be made available to the public in less than two weeks. There is high anticipation for the launch. The initiative is expected to create a strong buzz among wealthy investors worldwide. Trump also revealed that the US government plans to sell around one million Gold Cards under this scheme. Such a move could help ease America’s national debt significantly.
Economic Impact
US Secretary of Commerce Howard Lutnick claimed to have sold 1,000 cards in a single day. This single-day sale reportedly brought in a massive $5 billion to the US economy. Officials view this as a promising sign of the card’s success. The program is being marketed not only as a pathway to citizenship but also as an economic recovery measure.
Card Design
The Gold Card comes with a unique design, featuring a golden tone and Trump’s portrait. This bold branding approach aligns with Trump’s signature marketing style. The former president described the card as a symbol of both opportunity and prestige. Investors purchasing the card will get fast-tracked access to US residency and eventual citizenship. It is seen as a luxury gateway to the American Dream.
