Donald Trump has announced a new immigration proposal that would allow wealthy foreigners to purchase a special “Gold Card” granting them U.S. residency for $5 million, provided they create jobs in the country.
Speaking on Tuesday, Trump claimed the program is legal and could be implemented within the next two weeks. He suggested the initiative is designed to attract foreign investment and boost the U.S. economy by encouraging job creation.
However, one of the most controversial aspects of Trump’s statement was his acknowledgment that Russian oligarchs could potentially qualify for the program. Given ongoing tensions between the U.S. and Russia, such a possibility is likely to spark debate over national security concerns and the broader implications of selling residency to the highest bidder.
The details of the proposed “Gold Card” remain unclear, including how job creation would be verified and whether applicants would face additional vetting.
