President Donald Trump’s proposal for a 'gold card' visa, which would allow wealthy foreigners to fast-track their U.S. citizenship for a $5 million investment, has revitalized interest in the longstanding EB-5 visa program. Launched in 1990, the EB-5 program requires $800,000 investment to gain a green card and create or preserve U.S. jobs. Recent data showed a 57% increase in inquiries regarding the EB-5 visa, with a staggering 168% surge following Trump's plan announcement. Critics have previously scrutinized EB-5, yet it has generated over $55 billion in investments and 1.4 million jobs.
President Trump's proposed 'gold card' visa plan aims to attract wealthy foreigners with a fast-track to U.S. citizenship, generating renewed interest in EB-5 visas.
The EB-5 visa program, despite criticism, has created significant foreign investment and job creation while recent inquiries surged by 57% due to Trump's announcement.
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