What Is Donald Trump's Gold Card Visa? How It Replaces the EB-5 Visa In US And Differs From Green Card – Check Benefits

Former U.S. President Donald Trump has introduced the 'Gold Card' Visa, a special program aimed at wealthy foreign investors who wish to gain U.S. residency and eventual citizenship.  

The new visa replaces the EB-5 program, which was established in 1990 and allowed investors to gain residency by creating jobs in the US. 

Applicants must invest USD 5 million (Rs. 50 crore) in a U.S. commercial enterprise to qualify for the Gold Card Visa. 

 

Unlike the traditional Green Card, which is obtained through family sponsorship, employment, or a visa lottery, the Gold Card Visa provides a direct route for high-net-worth individuals through investment.  

The program is designed to boost the U.S. economy, create jobs, and reduce the national deficit by attracting foreign capital.  

The Gold Card Visa mainly benefits ultra-wealthy foreign nationals, including Indians, many of whom face long wait times for Green Cards. 

While the visa offers a fast track to U.S. residency, it remains accessible only to the super-rich, making it an exclusive option for a select few. (Image Credit: Wiki)