Will offer 'gold cards' for $5 mn path to citizenship, says Trump

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Will offer 'gold cards' for $5 mn path to citizenship, says Trump - Business Standard

Quick Summary:

President Donald Trump said Tuesday that he plans to offer a gold card visa with a path to citizenship for USD5 million, replacing a 35-year-old visa for investors.

Lutnick said the gold card actually a green card, or permanent legal residency would raise the price of admission for investors and do away with fraud and nonsense that he said characterize the EB-5 program.

Commerce Secretary Howard Lutnick said the Trump Gold Card would replace EB-5 visas in two weeks.