Trump to launch ‘Gold Card’ Residency Permits For $5 Million in 2 weeks
The Trump administration said today Tuesday 25th February 2025 that it would be revamping the U.S. investor visa, increasing the investment threshold to $5 million for a new option called “gold card”
Commerce Secretary Howard Lutnick told reporters in the Oval Office that the Trump administration would be ending the existing EB5 visa program priced starting at $800,000 in a TEA – Targeted Employment Area“We’re going to be selling a gold card. You have a green card. This is a gold card. We’re going to be putting a price on that card of about $5 million and that’s going to give you green card privileges, plus it’s going to be a route to citizenship. And 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, and we think it’s going to be extremely successful,” Trump said.
Lutnick said the new card would raise funds to pay down U.S. debts.
“They’ll have to go through vetting, of course, to make sure they’re wonderful world class global citizens, they can come to America. President can give them a green card, and they can invest in America, and we can use that money to reduce our deficit.”
While Trump said the new system has “never been done before, anything like this,” the broad strokes of what the men announced sound similar to the existing EB5 investor program, albeit with a higher price tag.
The current program requires would-be investors to invest a little over $800,000 to $1 million and fifty thousands and create at least 10 jobs and it also puts investors on a pathway to a green card and later citizenship.
It’s very unclear, whether Trump administration would end the EB5 program without Congress’s blessing as the investor program was just reauthorized in 2022.
We have witness this previously as federal court strikes down $900,000. Judge reverses Trump Era changes to EB-5 Investment Program after the famous Behring Lawsuit against USCIS.
Its still early days and more exciting news to follow, however as EB5 Program is in place for $800,000 with the potential for return on capital, clear path to Green Card and in place till 2022, this is the best time to act on the current offering of EB5
enquire now to file at $800,000 info@blsglobal.org and let CBI – BLS connect you with our sponsors and partners
