President Donald Trump proposed replacing the EB-5 immigrant investor visa program with a “gold card” that would cost $5 million. The new scheme would offer green card privileges and a path to U.S. citizenship. The new scheme aims to attract wealthy foreign investors, including potential Russian oligarchs. The EB-5 program, designed to stimulate the U.S. economy, would be phased out in favor of the gold card, which Trump and his administration view as a more practical approach.
U.S. President proposes $5M ‘Gold Card’ visa to replace EB-5 program.

Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com