US to Launch Website for New $5 Million Gold Card Visa Program
In a significant move aimed at attracting wealthy foreign investors, the United States is preparing to launch a new government website for its upcoming “Gold Card” visa program. This initiative will offer permanent residency to affluent individuals who invest at least $5 million in the U.S. economy.
Website Launch and Registration
U.S. Commerce Secretary Howard Lutnick confirmed that registration for the Gold Card program will open soon. A dedicated website, trumpcard.gov, is expected to go live within the week. This site will serve as the official portal for applications and provide detailed program information.
About the Gold Card Visa
The Gold Card is set to replace the current EB-5 immigrant investor program, which allows green card eligibility through investments of $1.8 million or $900,000 in targeted employment areas. Introduced by former President Donald Trump, the new visa program aims to offer a more direct and streamlined route to U.S. permanent residency.
According to Secretary Lutnick, the Gold Card program is designed not only to attract foreign wealth but also to contribute to reducing the national debt and boosting the economy through increased investment and tax revenue.
Application Process
While the full application details have yet to be released, interested individuals will be able to initiate the process through the trumpcard.gov portal. The site will provide official updates, eligibility requirements, and support for navigating the visa process.
Reactions and Implications
The launch of the Gold Card visa has sparked both interest and controversy. Supporters argue that it could drive economic growth and create jobs by encouraging investment in American businesses. Critics, however, question the ethics of offering residency in exchange for large sums of money and warn about potential misuse or fraud.
As the program unfolds, experts recommend that prospective applicants stay updated through official sources and seek professional legal advice when applying.
With the introduction of the Gold Card, wealthy foreign nationals will soon have a new and exclusive pathway to residency in the United States one that ties opportunity directly to financial investment.
