Africa: US - Trump Announces $5 Million 'Gold Card' Visa to Attract Rich Immigrants

27 February 2025
Daily Trust (Abuja)

US President Donald Trump unveiled plans Tuesday to sell new "gold card" residency permits for a price of $5 million each -- and said Russian oligarchs may be eligible.

Trump said sales of the new visa, a high-price version of the traditional green card, would bring in job creators and could be used to reduce the US national deficit.

"We're going to be selling a gold card. You have a green card, this is a gold card. We're going to be putting a price on that card of about $5 million," Trump told reporters in the Oval Office.

The Republican president, who has made the deportation of millions of undocumented migrants a priority of his second term, said the new card would be a route to highly prized US citizenship.

"A lot of people are going to want to be in this country, and they'll be able to work and provide jobs and build companies," Trump said. "It'll be people with money."

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