Trump's $5 million gold card vs. the EB-5 visa: What sets them apart?
Trump's $5 million gold card vs. the EB-5 visa: What sets them apart?
President Trump has proposed replacing the EB-5 investor visa with a $5 million gold card program for wealthy foreign investors. The gold card would raise the investment threshold, providing a faster path to US citizenship and permanent residency compared to the EB-5 visa. The new initiative aims to attract high-net-worth individuals while generating greater revenue to fund domestic projects. However, legal challenges could arise, as the EB-5 visa is backed by Congress, requiring further approval.
President Trump has proposed replacing the EB-5 investor visa with a $5 million gold card program for wealthy foreign investors. The gold card would raise the investment threshold, providing a faster path to US citizenship and permanent residency compared to the EB-5 visa. The new initiative aims to attract high-net-worth individuals while generating greater revenue to fund domestic projects. However, legal challenges could arise, as the EB-5 visa is backed by Congress, requiring further approval.