US President Donald Trump announced Tuesday that the United States will soon offer a “gold card” program for wealthy foreigners. According to CNN, the new initiative will grant eligible individuals the right to live and work in the country—and eventually become citizens—in exchange for a fee of USD 5 million.
A New Pathway to Citizenship
Trump’s proposal is set to replace the existing EB-5 immigrant investor program, with Commerce Secretary Howard Lutnick confirming that the gold card scheme is expected to launch in about two weeks. “They’ll have to go through vetting, of course, to ensure they’re truly world-class global citizens,” Lutnick explained. The administration envisions selling millions of these gold cards as part of its broader immigration and investment strategy.
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Controversial Eligibility and Bold Claims
When asked about potential eligibility for Russian oligarchs, Trump responded, “Yeah, possibly. I know some Russian oligarchs that are very nice people.” This comment, along with the ambitious nature of the plan, has already sparked debate. Critics question the implications of selling citizenship, while supporters argue it could boost the economy.
Trump’s Oval Office Moment
During a media availability in the Oval Office, where he signed an executive action investigating the copper industry, Trump also took a moment to admire a newly renamed Gulf of America map. “I’m just admiring it as I look at it. I’m getting teary-eyed—but I don’t want you to say, ‘Trump broke down and started crying.’” His remarks, combined with his promotion of the gold card, have drawn both amusement and criticism.
Criticism of the Media
In a further controversial moment, Trump lashed out against the Associated Press, labeling them “radical left” and “third-rate reporters” who fail to treat the administration fairly. White House Press Secretary Karoline Levitt defended this stance, stating that questioning the President is a privilege, not a legal right.
As the gold card program prepares to launch, the nation waits to see how this unprecedented immigration policy will reshape the United States’ approach to welcoming wealthy global citizens.
