• President Trump proposes a “gold card” visa system to replace the EB-5 program, streamlining citizenship for skilled workers and generating revenue.
• The program allows companies to invest $5 million for top global talent, aiming to issue over one million “gold cards.”
• Promises a transparent vetting process to attract expertise while addressing fraud and inefficiencies in the current system.

President Donald Trump revealed ambitious plans for a “gold card” visa system, aiming to replace the outdated EB-5 program. The proposed system promises a streamlined pathway to citizenship while generating significant revenue for the United States.

A Vision for Skilled Immigration

The “gold card” program would cater to highly skilled workers, enabling companies like Apple to invest $5 million to secure approval for top talent. President Trump expects the U.S. could issue over one million “gold cards”, signaling a bold move to attract global expertise.

The new plan seeks to replace the EB-5 program, which has been criticized for fraud cases and inefficiencies. While EB-5 required significant investments in U.S. projects, it often led to long backlogs for countries like China. By contrast, the “gold card” system promises a transparent vetting process to ensure applicants are “world-class citizens,” according to Commerce Secretary Howard Lutnick.

A Bipartisan Effort to Boost Growth

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Congress reauthorized EB-5 in 2022, but criticism remains widespread. States like New York have benefited from the program, yet instances of fraud and misuse often overshadow its success. President Trump’s initiative could eliminate these issues while directing funds to reduce the national deficit.

Although the plan aims to overhaul the immigration system, questions persist about its legality without Congress. The White House has yet to provide further details on how it will implement these changes. Meanwhile, scrutiny surrounds Kushner Cos., a real estate firm linked to President Trump’s son-in-law, Jared Kushner, for its use of the EB-5 program in the past.

Share Your Thoughts

This bold new step could reshape U.S. immigration policy, creating opportunities for skilled workers while supporting economic growth. What do you think of the “gold card” initiative? Visit The Dupree Report to share your comments and read more. Don’t forget to share this article with others who follow Immigration and Customs Enforcement news.

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