U.S. President, Donald Trump has announced a $5 million “gold card” visa program, offering affluent immigrants a pathway to citizenship while claiming it could reduce the national deficit.
The plan, criticized for potentially allowing sanctioned Russian oligarchs eligibility, drew scrutiny amid ongoing Ukraine war tensions.
Trump asserted the initiative would attract “job creators,” with sales launching within weeks.
Commerce Secretary Howard Lutnick endorsed the scheme for deficit reduction, while Trump quipped about branding it the “Trump Gold Card.”
European allies expressed unease over Trump’s parallel negotiations with Russia, though he clarified sanctions remain intact. Critics argue the policy prioritizes wealth over merit, sparking debates on immigration equity.
