Trump’s $5 million Gold Card offers the rich a fast lane to residency
https://www.opb.org/article/2025/06/03/trump-gold-card/
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“I have one from India, one from Pakistan, and two from Egypt. And a colleague who has a few [clients] from Russia,” says immigration attorney Mona Shah. Most are drawn to the offer of an express lane to permanent residency, plus more favorable tax implications; foreign nationals living in the U.S. on a Gold Card would only be taxed on their U.S. earnings.
Trump added that he’d be happy to call it the “Trump Gold Card.” In fact officials say a government website is now using the name
TrumpCard.gov, and Trump has since revealed a sample card with a picture of his face on the front.
Trump has said the proceeds of the Gold Card would go to help pay down the budget deficit, and possibly even chip away at the massive $36.2 trillion national debt.
“We’ll be able to sell maybe a million of these cards, maybe more than that,” Trump said. “A million cards would be worth $5 trillion. And if you
sell 10 million of the cards, that’s a total of $50 trillion. We have $35 trillion in debt. That’d be nice.”
But most immigration experts and attorneys see that figure as wildly unrealistic. They expect sales to be in the low thousands.
Immigration lawyer Darren Silver says he’s received a flurry of calls about the Gold Card, but interest wanes as soon as he explains this program is not like the existing EB-5 visa program, which requires an investment of something closer to $1 million in a business that creates jobs or $800,000 for investments in a lower-income ‘targeted employment area.’
Silver says his clients are surprised when he tells them the Gold Card is not an investment that might offer any returns. It’s effectively just a donation.
“I had to explain to them, ‘you’re gifting the U.S. government $5 million. That’s all you’re doing.’” says Silver. “And once I explain that to them, they’re out.”
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