President Donald Trump has unveiled a new plan to replace the EB5 visa program with a 'gold card' initiative, which he believes will be highly sought after. The proposal involves selling a 'gold card' to wealthy foreigners for a $5 million fee, granting them the right to live, work, and potentially obtain citizenship in the United States.
During a recent Cabinet meeting, Trump expressed his desire to retain talented individuals who are educated in the US but face challenges due to their visa status. By offering the 'gold card' option, companies could purchase these cards to recruit skilled individuals while simultaneously contributing to paying off the national debt.
