Trump Announces $5M ‘Gold Card’ Program for Immigrants – Coincu

Donald Trump recently shared on Truth Social that registration has opened for his “gold card” immigration pathway, priced at $5 million. This provides a residency and potential citizenship route for investors.

The “gold card” initiative signifies Trump’s new strategy in the immigration arena, bypassing the need for Congress’s approval. This program is available for investors willing to pay $5 million.

Trump Bypasses Congress with $5M “Gold Card” Bid

The “gold card” initiative offers an alternative residency path for investors. Advertised as a scheme unapproved by Congress, it aligns with Trump’s past immigration policy focus. Despite this announcement, no formal comments have emerged from U.S. immigration bodies or government officials. Previously, similar programs like the EB-5 visa required lower investments between $900,000 and $1.8 million.

Reactions to the program remain limited. As of this writing, no significant market or governmental shifts have occurred following Trump’s announcement. U.S. officials have not released statements to corroborate or oppose the program.

“This program, known as the ‘gold card,’ does not require approval from Congress and will be priced at about 5 million dollars, which will give you green card privileges.” — Donald Trump, former U.S. President, Truth Social

High Entry Fees Could Inspire Global Immigration Trends

Did you know? The U.S. has seen various investor residency programs, with the “gold card” ranking highest in terms of entry cost compared to previous campaigns.

Based on the latest data from CoinMarketCap, Ethereum (ETH) stands at $2,755.69, reflecting a 0.85% drop over 24 hours. The cryptocurrency’s market cap holds at $332.67 billion, with notable quarterly growth of 44.92%.

Insights from the Coincu research team highlight the absence of direct effects on the crypto landscape from this program. However, the high price tag may garner interest, potential scrutiny, and possibly inspire similar immigration strategies. President Donald Trump Pledges Crypto Revival.