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President Donald Trump On Tuesday he said that a “gold card” of $ 5 million would go on sale “very, very soon” and would serve as a new way to become an American citizen.
“It’s like the green card, but better and more sophisticated,” Trump said. “And these people will have to pay taxes in our country.”
Trump said the newest path to citizens “will allow the most successful work to create people from all over the world to buy a path to US citizenship.”
Trump declares that ‘the United States has returned’ in the speech before Congress
The US Vice President JD Vance, on the left, the president of the United States, Donald Trump, and the president of the House of Representatives, Mike Johnson, a Republican of Louisian They chose to address inflation and improve the economy are beginning to weigh the impact of their agenda. (Kent Nishimura/Bloomberg through Getty Images)
He “Gold Card” It will also allow the richest students to obtain a permanent residence in the US.
Trump has previously promoted his plan before attracting the richest in the world to become American citizens, although he arrives at a time when he is squeezing illegal migration and, as universities are increasingly in the center of attention in the midst of high school costs and paralyzing student loans.
Trump announced last week that he expected the new Visa option to go on sale in the coming weeks.
The president of the United States, Donald Trump, makes a gesture while speaking during a speech to a joint session of Congress in the United States Capitol in Washington, DC, on March 4, 2025. (Mandel Ngan/Pool through Reuters)
Trump’s ‘gold card’ visa could invite fraud, national security risks: expert
The details of the most recent visa are still clear, but Trump said it was only one of his plans to renew the immigration policies of the United States.
After Trump’s announcement earlier this month, the director of the Border Security and Immigration Center of the Heritage Foundation, Lora Ries, warned that he could invite fraud.
“Any immigration benefit draws fraud … people are willing to do anything and say anything to come to the United States,” Ries told Fox News Digital.
Although RIES recognized the objectives behind the program, skepticism said that all applicants could be examined to the necessary extent to avoid the type of fraud that exists in the similar EB-5 View programthat Trump’s gold card would replace.
Washington, DC – March 4: The president of the United States, Donald Trump, arrives to go to a joint session of the Congress at the United States Capitol on March 4, 2025 in Washington, DC. American president Mike Johnson (R-LA) and vice president JD Vance applaud behind him. (Win McNamee/Pool through Reuters)
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“Rarely fraud is detected, much less applies … so it is a high risk and a high risk reward commit fraud in immigration benefits,” Ries said, and added that even the secretary of Commerce, Howard Lutnick, admitted the generalized fraud that affects the EB-5 program.
“Then the question is: how is this going to be different,” Ries said? “The price of one million to 5 million increased, but how are we going to prevent fraud? Are you inviting the richest scammers and corrupt people to exploit this?”
