US Plans to Introduce ‘Gold Card’ Residency Program for Wealthy Foreigners at $5 Million

The United States is preparing to introduce an exclusive residency program designed for affluent foreign nationals, offering them a streamlined path to live, work, and eventually gain citizenship in exchange for a substantial financial contribution. The initiative, referred to as the “gold card,” is expected to replace the existing EB-5 immigrant investor visa program, which has long provided green cards to individuals investing in U.S. businesses that generate employment opportunities.

Under this new program, foreign investors would be required to pay $5 million to obtain a gold card, which grants permanent residency benefits along with a direct route to American citizenship. This move is projected to attract a significant number of high-net-worth individuals, with estimates suggesting that at least one million of these special visas could be sold. The financial impact of such a scheme could be substantial, with the potential to generate billions in revenue and contribute toward reducing national debt.

The program’s introduction is expected to reshape U.S. immigration policy by prioritizing financial investment as a means of securing long-term residency. While the EB-5 program traditionally required foreign investors to commit capital to job-creating ventures, the gold card aims to offer a more straightforward approach—essentially granting residency status based solely on the ability to meet the multi-million-dollar price tag.

Further details regarding the eligibility criteria and application process are anticipated to be released within the next two weeks. When questioned about the potential participation of investors from specific countries, the possibility of Russian applicants qualifying for the program was acknowledged. The prospect of prominent international figures securing U.S. residency through this initiative is likely to spark discussions on the ethical and economic implications of prioritizing wealth in immigration policies.

As this initiative moves forward, it is expected to fuel debates on economic-driven migration policies, potentially reshaping the landscape of high-net-worth immigration to the United States. The success of the program will ultimately depend on how it is structured and received by both policymakers and the international investment community.

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