Bank Of Baku

US President to end 'EB-5' investor visa program, replace it with so-called 'gold card'

Donald Trump, US President

© APA | Donald Trump, US President

# 26 February 2025 03:28 (UTC +04:00)

President Donald Trump said on Tuesday he will replace the "EB-5" immigrant investor visa program, which allows foreign investors of large sums of money that create or preserve U.S. jobs to become permanent residents, with a so-called "gold card" that could be bought for $5 million as a route to citizenship, APA reports citing Reuters.

The "EB-5" program granted "green cards" to foreigners promising to invest in U.S. businesses.

Trump said the program will be replaced with a so-called "gold card" that people will be able to buy for about $5 million from the U.S. government.

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