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$5M Gold Card: US Residency Applications Open - News Directory 3

$5M Gold Card: US Residency Applications Open

June 12, 2025 Catherine Williams World
News Context
At a glance
  • The "Trump ⁢Card,"⁤ a controversial initiative promising a route to US citizenship for⁣ wealthy foreigners, is now accepting registrations.
  • The official website, TrumpCard.gov,showcases a gold-colored card featuring Trump's image and signature.
  • Trump promoted the Trump Card on his Truth Social platform, stating, "For five million $DOLLARS,⁢ The Trump⁢ Card is coming!
Original source: timesofindia.indiatimes.com

Secure yoru⁣ spot now: The “Trump Card” offering a potential path to US citizenship for a hefty $5 million, is officially accepting applications. This exclusive offering,promoted by former President Donald Trump,presents a premium route for wealthy foreigners seeking US residency. Aspiring applicants are directed to TrumpCard.gov to join the waiting ⁣list.‍ The Trump card program aims to rival the EB-5 visa system, offering purported tax advantages unavailable ⁤through traditional channels, potentially attracting high-net-worth ⁣individuals. While not a guarantee ‍of immediate entry, the card is touted as a⁢ refined‍ alternative to⁣ a green card. News Directory 3 will continue to monitor the developments. Discover what’s ⁢next ⁤in this evolving story.

Key Points

  • Trump Card offers potential US citizenship for $5 million.
  • Applicants added to a waiting list via TrumpCard.gov.
  • Card aims to ⁢replace EB-5 visa, offering tax advantages.

Trump card Offers “Path to Citizenship” for $5 Million

Updated June 12, 2025
⁣

The “Trump ⁢Card,”⁤ a controversial initiative promising a route to US citizenship for⁣ wealthy foreigners, is now accepting registrations. Former President Donald Trump announced the program, ⁤touting it as ‍a premium option for obtaining citizenship with a $5 million price tag.

The official website, TrumpCard.gov,showcases a gold-colored card featuring Trump’s image and signature. The submission form collects basic details, including name, email, region of origin, and whether the applicant is applying as an individual or a business. Eight regions are listed: Europe, Asia (including the Middle East), north America, Oceania, Central America, ⁢South America, the Caribbean and Africa.

$5M Gold Card: US Residency Applications Open - News Directory 3Truth Social post⁢ announcing the Trump Card” width=”600″>
(Source: Donald Trump’s Truth Social account)

Trump promoted the Trump Card on his Truth Social platform, stating, “For five million $DOLLARS,⁢ The Trump⁢ Card is coming! Thousands have been calling and asking how they can sign up to ride a stunning road⁣ in ⁢gaining ⁤access to the⁣ greatest country and market⁢ anywhere in the world.” He added that the waiting list is now open.

While Trump claims the card offers a “path to citizenship,” he clarified that it does not ⁣guarantee⁢ immediate entry or naturalization. He likened⁣ it to a “green card but at a higher level of sophistication.” The trump management maintains that the card does not require congressional approval because it does not directly grant citizenship.

The Trump Card was ⁣initially proposed as a replacement for the ‍EB-5 investor ⁢visa program, which ⁤grants green cards to foreigners investing between $800,000 and $1.05 million in US job-creating projects. The EB-5 program has faced issues with backlogs and fraud allegations.

“wealthy people will be coming into⁢ our country by⁤ buying this card. They’ll be wealthy, and ⁣they’ll be successful, and they’ll‍ be spending a lot of money, and paying ⁤a⁢ lot of taxes and⁣ employing a lot of people.”

Donald Trump

A key selling point of the Trump Card is its potential tax benefits. Trump suggested that⁢ cardholders would only be taxed on their US earnings,unlike green card holders taxed on worldwide income. This could attract high-net-worth individuals who have avoided relocating to the US due to its global tax obligations.

Unlike the EB-5 visa program, the Trump Card does not appear to require applicants to create US-based jobs or launch businesses. howard Lutnick, US commerce secretary, claimed that 1,000 cards were ⁤sold in a single day, despite the program’s unofficial launch. Lutnick estimates that‍ approximately 37 million people worldwide could afford the Trump⁢ Card.

What’s next

Further details about the Trump Card program are expected to be released⁣ by the White house soon, according to reports.‍ The program’s long-term impact on ‍US immigration and investment remains to be seen.

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buying citizenship, Donald Trump, EB-5 visa replacement, gold card taxation, Green card, High Net Worth Individuals, Trump Card, Trump Card registration, Truth Social, US citizenship
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