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Trump launches Golden Card for wealthy foreigners

05 April, 2025 00:16

US President Donald Trump has unveiled the design of a new ‘Golden Card’ that would allow wealthy foreigners to obtain a special visa leading to US citizenship for $5 million.

The announcement was made during a press conference on Air Force One, where Trump showed off a card with his picture on it and jokingly asked reporters, “Does anyone want to buy it?”

The card resembles a credit card in shape and features Trump’s face in its design. The image has been described by the media as inspired by the famous photo of him being arrested in Atlanta during the last election campaign.

The move comes after Trump reintroduced the idea of ​​an investor visa. It has been described as similar to the existing “EB-5” program.

The program allows foreigners to take up residence in exchange for investments starting at $800,000. However, the new card significantly expands the investment limit and, according to Trump, offers “more incentives.”

The card’s announcement has caused a major uproar in stock markets after the US president revealed massive customs duties affecting more than 60 countries.

The Dow Jones index fell 1,700 points in its worst performance since 2020. Markets lost about $2.5 trillion in a single day. While images of living figures are not allowed on US currency in the US, Trump allies in Congress are working on legislation to put the president’s face on the $250 bill.

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