Trump To Offer “Gold Card” Visas For Traveling Investors

The gold card would raise the price of admission for investors and get rid of fraud and "non-sense" that characterize the EB-5 program.

President Trump is considering offering traveling foreigners a “gold card” visa for a hefty price.

The Trump Gold Card would replace EB-5 visas that were created in 1990 to generate foreign investment and are available to people who spend around $1 million on a company that employs at least 10 people.

However, the gold card would raise the price of admission for investors and get rid of fraud and “non-sense” that characterize the EB-5 program.

Like green cards, the new option would include a path to citizenship. They will cost $5 million.

Trump said those who invest will be wealthy and successful. He added they’ll also spend a lot of money and pay a lot of taxes as well as employ a lot of people in the U.S..