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In a bold initiative, President Donald Trump has introduced a plan for a new visa program, the $5 million ‘gold card,’ aimed at wealthy immigrants seeking U.S. citizenship. The proposal appears to be designed to fill a gap left by the previous EB-5 immigrant investor visa program, while also generating substantial funds for the national debt.
During a recent Oval Office interview, Trump outlined the intended framework of the gold card system. He emphasized rigorous vetting processes and noted potential financial refunds for applicants who may not meet the necessary standards. This approach aims to bolster security measures, yet also raises concerns about the implications of monetizing U.S. citizenship.
Launched in late February, Trump’s gold card concept is being promoted as a feasible pathway for immigrants to achieve permanent residency. The president argued that this initiative could also serve as a unique financial strategy for reducing the national debt, which currently stands at approximately $36 trillion.
Appearing on Fox News’s ‘The Ingraham Angle,’ Trump responded to questions about the morality of purchasing citizenship.