Introducing the “Gold Card”: A New $5 Million Pathway to U.S. Residency
In a recent announcement that has drawn global attention, President Donald Trump unveiled a new immigration initiative informally referred to as the “Gold Card.” This high-value residency program proposes to offer a streamlined path to U.S. permanent residency for ultra-high-net-worth individuals who make a one-time payment of $5 million to the U.S. government.
At our firm, we’re closely monitoring this development as part of our ongoing commitment to advising clients on investment-based immigration strategies. Below, we break down what is currently known about the proposed program, how it compares to existing visa options, and what potential applicants should consider.
Key Details of the Gold Card Proposal
Eligibility:
The proposed Gold Card would be available to foreign nationals able to make a direct investment of $5 million into the U.S. treasury. Unlike the EB-5 Immigrant Investor Program, the Gold Card would not require the creation of U.S. jobs or investment in targeted employment areas.
Residency and Citizenship:
Applicants approved under the program would be granted U.S. permanent residency (green card status), with the potential to apply for U.S. citizenship after meeting residency and other legal requirements, similar to traditional green card holders.
Taxation Benefits:
Reports suggest that Gold Card holders may only be subject to U.S. taxation on income earned domestically, offering a potential advantage for individuals with significant foreign-sourced income. However, we advise that any tax-related claims be evaluated carefully in consultation with an international tax advisor.
Policy Considerations
The Gold Card is currently a proposed program, and no formal application process has been released. It remains unclear how the initiative will be implemented, what oversight mechanisms will be in place, and how it will integrate into existing immigration laws.
Legal scholars and immigration professionals are also watching closely for potential constitutional or statutory challenges, as the concept of “buying” a green card at such a premium could face scrutiny from regulators and lawmakers.
What Prospective Applicants Should Know
If the Gold Card program is formally launched, it may represent a unique option for high-net-worth individuals seeking U.S. residency through a simplified process. However, as with any immigration decision, it’s essential to approach with due diligence and legal guidance.
Our firm specializes in complex immigration matters, including investment-based visas, tax planning, and citizenship pathways. We are committed to keeping our clients informed of all emerging opportunities and will provide updates as more information becomes available.
Contact Us
If you are interested in exploring your eligibility for U.S. residency through investment — or understanding how the proposed Gold Card program may fit into your immigration strategy — please contact our team of attorneys for a confidential consultation.