Trump announces the U.S. will replace the EB-5 program with a new “Gold Card.”
“They’ll be able to pay $5 million to the U.S. government. They’ll have to go through vetting, of course … The President can give them a green card — and they can invest in America and we can use that money to reduce our deficit.”

On 2/25/2025, Trump announced that the US government will soon begin selling $5 million “gold cards” that convey both green-card residency status and a path to American citizenship to foreigners — predicting 1 million cards will be sold and saying the initiative could quickly pay down the national debt.

“It’s somewhat like a green card, but at a higher level of sophistication. It’s a road to citizenship for people, and essentially people of wealth or people of great talent,” Trump said in the Oval Office. “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-plus,” the president added as he rolled out the plan to a group of journalists. “They’ll be wealthy and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people.”

Trump claimed that the initiative had been approved by administration lawyers and will launch in roughly “two weeks.”

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Trump says US will sell $5M ‘gold cards’ to foreigners: ‘Green card privileges-plus’, reduce our deficit