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President Donald Trump said he is starting a program which would offer residency and a path to citizenship for investors who commit at least $5 million to projects in the US.

Trump said the program, dubbed the “gold card,” would launch in two weeks, adding that he did not believe his administration needed to secure approval from Congress.

“We’re going to be selling a gold card,” Trump said Tuesday in the Oval Office as he signed executive orders alongside Commerce Secretary Howard Lutnick.

“We’re going to be putting a price on that card of about $5 million, and that’s going to give you green card privileges,” he added, referencing the permits currently issued to US permanent residents.

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  • SuperCub
    9·
    5 hours ago

    The US already has a rich people visa and it’s called the EB-5. Trump is a dumb fuck.

    -Investor Visas (EB-5): This program provides permanent residence to foreign national entrepreneurs who invest at least $1,000,000 in a U.S. business that will create or preserve 10 full-time jobs for U.S. workers.