Trump to Launch ‘Gold Card’ Visas That Would Grant Residency for $5 Million

The new visa will grant green card privileges and a path to citizenship. ‘Wealthy people will be coming into our country,’ the president said.

President Donald Trump, flanked by Secretary of Health and Human Services Robert F. Kennedy Jr. (L) and Secretary of Commerce Howard Lutnick, speaks to the press in the Oval Office on Feb. 25, 2025. Jim Watson/AFP via Getty Images

President Donald Trump announced his administration would start selling so-called gold-card visas for $5 million each, in the next two weeks.

“That’s going to give you green card privileges, plus it’s going to be a route to citizenship, and wealthy people will be coming into our country by buying this card,” Trump said on Feb. 25.