President Donald Trump has introduced the highly anticipated ‘Trump Gold Card‘, a visa initiative that allows immigrants to secure residency by investing $5 million. The announcement was made during an informal press conference aboard Air Force One, where Trump personally showcased the card to reporters.
The Trump Gold Card features a striking design with an image of Trump, radiant beams shining from his head, the Statue of Liberty to his left, and a bald eagle to his right. The card also displays the words “The Trump Card“, surrounded by nine stars, with his signature at the bottom right. In each corner, the numbers “5M” and “5,000,000” are prominently featured, symbolizing the required investment.
Holding up the card, Trump declared, “Five million. For $5 million, this could be yours. This was the first of the cards. You see that?” He also revealed that he is the first holder of the card, despite being a U.S. citizen.
EB-5 Immigrant Investor Program Rebranded
This initiative aligns with the existing EB-5 Immigrant Investor Program, which grants Green Cards to foreign investors who create or preserve at least 10 jobs for American workers. The Trump administration’s rebranding of the program aims to attract high-net-worth individuals seeking U.S. residency through investment.
Reactions and Controversy
The Trump Gold Card has triggered a wave of mixed reactions. Secretary of Commerce Howard Lutnick highlighted that over 250,000 applicants are currently awaiting the opportunity to participate in the program. He emphasized that recipients will undergo rigorous vetting and contribute significantly to the U.S. economy through their entrepreneurial skills and investments.
However, not everyone is on board. Democratic Congressman Ro Khanna strongly criticized the initiative, arguing that wealth should not be a prerequisite for success in America. He cited prominent business leaders such as Google co-founder Sergey Brin, Google CEO Sundar Pichai, and Microsoft CEO Satya Nadella, noting that they achieved remarkable success without a multimillion-dollar investment.
“You don’t need to have $5 million in your bank account to build a successful company in America,” said Rep. Khanna, reflecting broader concerns about accessibility and fairness in immigration policies.
What’s Next for the Trump Gold Card?
Despite the controversy, the Trump administration is set to officially launch the application process within two weeks. As anticipation builds, supporters argue that the program will boost economic growth, while critics raise concerns about equity and accessibility in immigration.
With debates intensifying, the Trump Gold Card is poised to become a defining element of the administration’s immigration policy in the coming months.