President Donald Trump has unveiled a new visa program called the Gold Card, which he claims will be better than the Green Card. This initiative aims to provide wealthy foreign investors with residency, work rights, and a potential path to US citizenship—all for a $5 million investment.
But how does the Gold Card compare to the Green Card? Is it truly a faster and better alternative for those seeking to live and work in the US? Let’s break down the details, compare the two programs, and explore the potential impact of this new visa.
What Is the Gold Card?
The Gold Card is being introduced as a new long-term residency option for wealthy investors. According to Trump, this visa will provide:
✅ The right to live and work in the US indefinitely.
✅ A fast-track to citizenship for high-net-worth individuals.
✅ A streamlined process compared to traditional visas like EB-5.
Trump’s plan suggests that for $5 million, foreign investors can buy their way into the US with fewer restrictions than other visa programs.
Is the Gold Card a Game-Changer for Immigration?
The Gold Card’s biggest advantage is that it eliminates long waiting times and strict stay requirements, making it an attractive option for ultra-high-net-worth individuals. However, some concerns arise:
❌ Does it favor only the wealthy? Unlike a Green Card, which is accessible through family, employment, and investment, the Gold Card is only for those who can pay $5 million.
❌ Will it replace EB-5? The EB-5 program already allows investors to gain a Green Card with a much lower investment threshold.
❌ What are the tax implications? Investors may need to understand US tax residency rules before committing.
Despite these questions, if properly structured, the Gold Card could attract significant foreign capital to the US economy, similar to Golden Visa programs in Europe.
Should You Choose the Gold Card or Green Card?
The Gold Card vs Green Card debate is just beginning, and many details about Trump’s new visa program remain unclear.
✅ If you are a wealthy investor seeking a fast-track residency with fewer restrictions, the Gold Card could be a game-changer.
✅ However, if you want a more affordable and flexible way to secure US residency, the Green Card through EB-5 or employment may still be the better option.
With immigration policies constantly evolving, those interested in the Gold Card should wait for further official details before making any decisions.