Trump Floats $5 Million 'Gold Card' As Route to Us Citizenship
U.S. President Donald Trump has floated the idea of replacing a visa program for foreign investors with a so-called "gold card" that could be bought for $5 million as a route to American citizenship, which would grant "green card privileges plus (American) citizenship." The EB-5 Immigrant Investor Program, currently administered by the U.S. Citizenship and Immigration Services, was created in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Trump plans to replace this program with his proposed "gold card" scheme.
- This proposal could fundamentally alter the way the U.S. government approaches immigration, potentially prioritizing wealth over traditional merit-based criteria for citizenship.
- How will the introduction of a $5 million price tag for a path to citizenship impact the demographic makeup of the U.S. population in the coming years?