Published Date: 20.03.2025 13:28 / Politics

Trump’s "Gold Card" Visa Plan Aims to Cut U.S. Debt

Trump’s "Gold Card" Visa Plan Aims to Cut U.S. Debt

United States President Donald Trump has unveiled the "gold card" fast-track visa program, intended to replace the existing EB-5 investor visa system. Trump emphasized that the initiative could generate trillions of dollars and significantly reduce national debt.

"Let’s say we sell a million of them. That’s five trillion dollars. We are now an unbelievably successful country," Trump stated, highlighting the financial potential of the program. The gold card visa would require a $5 million investment, targeting high-net-worth individuals who, according to Trump, would likely become job creators in the U.S.

Addressing security concerns, Trump assured that all applicants would be rigorously vetted. He dismissed fears that "unsavory people" could misuse the program, insisting that thorough background checks would be in place. "If somebody’s wrong, we give them their money back and send them out," he added, reinforcing his administration’s commitment to ensuring only qualified applicants gain entry.

The proposal has already sparked debate, with supporters applauding its potential economic impact, while critics question the ethics and security implications of such a high-priced pathway to residency. As discussions continue, the success of the gold card visa program remains to be seen.