President Donald Trump has announced that his administration is now accepting applications for the “Trump Card,” a new residency program aimed at wealthy individuals. This initiative promises permanent residency in the united states for a hefty fee of $5 million, marking a significant shift in immigration policy.
- Trump announces “Trump Card” for residency.
- Applications open for $5 million fee.
- New website launched: TrumpCard.gov.
- Gold card offers residency and work rights.
- Potential replacement for EB-5 visa program.
- Vetting process details remain unclear.
On June 12, 2025, Trump unveiled a dedicated website, TrumpCard.gov, where potential applicants can register their interest. The site encourages users to provide their name, region, and email to be notified when applications officially open.
This ambitious proposal raises questions about the implications for U.S. immigration. Will this attract the right kind of investors, or does it risk commodifying residency? Consider these points:
- Potential for economic growth through increased investment.
- Replacement of the existing EB-5 visa program, which has lower investment thresholds.
- Uncertainty regarding the vetting process for applicants.
- Long-term impact on the U.S. labor market and tax revenues.
As this initiative unfolds, it will be crucial to monitor its effects on both the economy and immigration policy. Will the Trump Card become a viable pathway for many, or will it face significant challenges ahead?
