Why rich foreigners may not rush to buy Trump’s $5 million ‘gold card’ visas

From Yahoo Finance: 2025-05-23 14:36:00

President Donald Trump unveiled a $5 million “gold card” visa on Air Force One, sparking limited interest among the wealthy. Analysts suggest the high fee could deter potential buyers, with only around 100,000 individuals globally having the necessary liquid net worth to afford it. The plan aims to offer green card privileges and a path to citizenship, but the steep cost may not attract many applicants. The proposal has also boosted interest in the more affordable EB-5 immigrant investor visa, with inquiries surging by 168% in the first quarter of this year compared to the previous quarter. The White House has not commented on the matter.



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