USA Set to Launch $5 Million ‘Gold Card’
President Donald Trump has announced plans for the United States to introduce an exclusive “Gold Card,” aimed at attracting high-net-worth individuals globally. With an investment of $5 million, the so called Trump Gold Card is expected grant foreign investors the opportunity to live, work, and ultimately gain citizenship in the U.S.
This new initiative signals a growing recognition and acceptance of Citizenship and Residency by Investment programs (CBI/RBI) as a source of equity funding for governments worldwide. By launching the Gold Card, the U.S. government is clearly acknowledging the considerable economic benefits that come from attracting wealthy international investors. Additionally, this move by the U.S. could potentially help strengthen cases for countries such as Malta and Cyprus, where EU skepticism about citizenship-by-investment programs has led to significant regulatory changes.
Speaking from the Oval Office, President Trump highlighted the economic potential, stating, “Wealthy people will be coming into our country by buying this card. They’ll be successful, spending significant amounts, contributing substantial taxes, and creating jobs.”
Trump further emphasized the benefits, stating, “Wealthy people will be coming into our country by buying this card. They’ll be wealthy and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people (Financial Times)
Commerce Secretary Howard Lutnick confirmed that this program would replace the existing EB-5 investor visa programme. This new solution is expected to be rolled out quickly, potentially within just a couple of weeks. It is expected that the Gold Card will initially provide a residency permit, subsequently leading to citizenship. Further details will undoubtedly emerge in the coming weeks. He emphasized the rigorous vetting process applicants will go through, ensuring they are “wonderful world-class global citizens.”
The introduction of this official government-run Gold Card program by the U.S. is a significant endorsement for investment migration. It is expected that other leading economies might follow suit, further boosting the global legitimacy and appeal of investment-based residency and citizenship options.
As specialists in residency and citizenship planning, La Vida Golden Visas welcomes this positive development. La Vida CEO Paul Williams said “It reinforces the ongoing strength and credibility of investment migration programs worldwide. We expect this positive announcement will inspire further adoption and growth in the industry”.
The Gold Card program is anticipated to launch in the coming months. La Vida will continue to closely track developments and offer expert support to investors interested in exploring this exceptional new opportunity.
