President Donald Trump has announced a brand-new investor visa concept—the Gold Card Visa, requiring a $5 million investment from foreign nationals looking to secure U.S. permanent residency and, ultimately, citizenship.

A New Investor Pathway?

This proposed visa would grant permanent residency and a direct route to U.S. citizenship for those willing to invest a significant amount into the U.S. economy. The plan appears to replace the existing EB-5 program, which has long been the go-to option for investor immigrants.

Trump has positioned the Gold Card Visa as a way to attract high-net-worth individuals who will contribute wealth, pay taxes, and create jobs in the U.S. Commerce Secretary Howard Lutnick echoed this sentiment, criticizing the EB-5 program as “full of nonsense, make-believe, and fraud.” While the administration has promised more details in the coming weeks, this proposal signals a major shift in investor immigration policy.

How It Compares: EB-5 vs. Gold Card Visa

While official program details remain scarce, we can already see some key differences between the existing EB-5 visa and the proposed Gold Card Visa:

  1. Investment Amount
    • EB-5: Requires a minimum investment of $800,000 in a Targeted Employment Area (TEA) or $1.05 million in other areas.
    • Gold Card Visa: Would require $5 million, making it far more exclusive and accessible only to ultra-high-net-worth individuals.
  2. Job Creation Requirement
    • EB-5: Investors must create at least 10 full-time U.S. jobs through their investment, often using Regional Centers.
    • Gold Card Visa: No clear job creation mandate—meaning investors may have more flexibility in where they put their money.
  3. Conditional vs. Direct Residency
    • EB-5: Grants a conditional green card first, requiring investors to maintain their investment for two years before becoming eligible for permanent residency. After five years, they can apply for U.S. citizenship.
    • Gold Card Visa: Could provide a faster and more direct path to citizenship, though exact processing times remain unknown.

If the Gold Card Visa eliminates job creation requirements and shortens the citizenship timeline, it could be a game-changer for global investors looking for a simpler, high-speed pathway to U.S. residency.

What Investors Should Consider

If you’re considering this new $5 million visa, here’s how to prepare while we await official program details:

Stay Updated

  • The Trump administration has promised more details soon. Follow official announcements and consult with immigration professionals to track eligibility, investment rules, and processing times.

Consult an Immigration Attorney

  • As new investor pathways emerge, it’s critical to have a legal strategy. Depending on your goals, alternative options like the EB-5 (if still available), E-2, or other employment-based visas might be worth considering.

The Bottom Line

While the Gold Card Visa promises a bold new approach to investor immigration, the details will determine whether it truly offers a better, faster, and more efficient alternative to EB-5. If you’re considering this path, now is the time to start planning, consulting experts, and staying informed as the official framework takes shape.

About the Author

Elizabeth Garvish
Founder at Garvish Immigration Law Group | (800) 951-4980 | egarvish@goimmigrationlaw.com | Profile | + posts

Elizabeth L.A. Garvish founded Garvish Immigration Law Group, LLC in 2011 after practicing immigration law in small boutique firms, big law and nonprofits. Elizabeth is a frequent speaker and presenter on entrepreneurship and U.S. immigration topics around the world. She is an active member of the American Immigration Lawyers Association (AILA) and serves on various national committees and is the Past Chair of the Georgia-Alabama Chapter of AILA. Elizabeth is also a certified member of the EO Global Speakers Academy.