Posted on March 25 2025
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The New Gold Card visa eliminates job creation and a fast-track citizenship for a $5 million investment that will replace the existing EB-5 visas, aiming to reduce cost and fraud while attracting wealthy investors to contribute significantly to the US economy. The New Gold card will replace the 35-year-old EB-5 program within two weeks. The EB-5 program grants residency to investors who spent at least $1 million on a business that creates at least 10 jobs. A gold card is a green card or permanent legal residency that provides admission prices for investors and will reduce fraud in the country. Approximately 8,000 people received investor visas in the 12 months ending Sept.
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USA plans to issue Gold cards and Green cards
Here are some of the benefits of a new Gold Card:
Unlike the EB-5 program cap, the US government will sell 10 million gold cards. A Gold Card is similar to a green card but at a higher level, providing a pathway to citizenship for wealthy applicants. To apply for Gold Card holders does not need congressional approval.
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