US ‘Gold Card’ Program for Wealthy Foreigners

On 25th February 2025, US President Donald Trump announced the launch of a "Gold Card" program, offering wealthy foreigners residency and work rights in the US for a $5 million fee, with a pathway to citizenship.

Key Points

Replacement for EB-5 Visa: The Gold Card will replace the EB-5 immigrant investor visa program and require applicants to undergo vetting.
Eligibility & Sales: US President suggested millions of Gold Cards could be sold and indicated that Russian oligarchs may be eligible.
Legal & Administrative Backing: US President emphasized the program’s legality, with Commerce Secretary highlighting its focus on world-class global citizens.