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OAN Staff Abril Elfi
5:09 PM – Tuesday, February 25, 2025

President Trump announced that the U.S. could soon begin selling $5 million “gold cards” that provide both green-card residency status and a path to U.S. citizenship to wealthy or skilled foreigners — noting that the program would swiftly reduce the national debt after estimating that one million cards would be sold.

On Tuesday, Trump announced at the Oval Office that he wants to begin selling special “gold cards,” the president’s updated version of the typical green card, for $5 million to skilled, business-minded foreigners who want to move to the U.S. and create jobs.

“It’s somewhat like a green card, but at a higher level of sophistication. It’s a road to citizenship for people, and essentially people of wealth or people of great talent,” Trump said in the Oval Office.

Alongside President Trump, Commerce Secretary Howard Lutnick chimed in, stating that the program would be a more effective version of the EB-5 visa program — which was enacted by U.S. legislation in 1990. It gave certain investors a green card provided they fulfilled specific requirements.

“We’re going to be putting a price on that card of about $5 million and that’s going to give you green card privileges-plus,” the president added, as he rolled out the plan.