Wed Feb 26 02:20:38 UTC 2025: ## Trump Proposes “Gold Card” Citizenship for $5 Million

**Washington D.C.** – President Trump announced plans to replace the EB-5 immigrant investor visa program with a new initiative offering a path to U.S. citizenship for wealthy foreigners. The proposed “gold card” program would grant green card residency and eventual citizenship to individuals purchasing the card for $5 million.

Trump projects the sale of one million gold cards, generating substantial revenue to reduce the national debt. He described the current EB-5 program as “full of nonsense, make-believe and fraud,” citing its low cost as a problem. The new program, he claims, will be a more streamlined and effective way to attract wealthy investors to the United States.

Commerce Secretary Howard Lutnick echoed the President’s sentiments, stating the EB-5 program was rife with issues and that the “Trump gold card” would offer a superior alternative.

When asked about the eligibility of Russian oligarchs, President Trump responded positively, stating, “Yeah, possibly. Hey. I know some Russian oligarchs that are very nice people.” Further details regarding the gold card program are expected within two weeks. The announcement has sparked debate about potential implications for immigration policy and its impact on the national debt.

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