Earlier this year, President Trump proposed an immigration initiative known as the “Gold Card,” which would offer wealthy foreign nationals permanent residency in the United States in exchange for a $5 million investment. The proposal would be a premium alternative to the EB-5 Immigrant Investor Program, which offers immigrants who invest in for-profit or targeted employment and infrastructure areas eligibility for a green card. However, unlike the EB-5 program, the Gold Card does not require job creation or targeted geographic investment.

While the initiative has not been formally announced, infrastructure has reportedly been prepared by the Department of Government Efficiency (DOGE). The proposal has sparked debate over its legality, ethics, and impact on existing programs, such as EB-5. Critics question the demand for a Gold Card, the long-term effects of the proposal on the economy, and whether the executive branch has the authority to implement such a program. However, supporters believe that Gold Cards can modernize investor-based immigration, reduce the national debt, and simplify issues faced by the EB-5 program.

What’s your opinion on Gold Cards? Do you think the Gold Card could be beneficial for the national economy? Or, does the Gold Card only intensify the imbalance between national interests and the foundational values of the immigration system?