Donald Trump introduced a new premium residency program, the "Trump Gold Card," costing $5 million for expedited US residency and a simplified path to citizenship. Over 1,000 have reportedly been sold already. This bypasses traditional requirements of the EB-5 program and aims to attract foreign investment and bolster the economy.
The administration projects significant revenue generation—up to $5 trillion with a million sales—to reduce the national debt. The program is presented as a new economic pillar attracting direct investment and talent.
This initiative contrasts sharply with the administration's simultaneous actions targeting immigrants and international students. The article cites instances of foreign students detained and deported for political activism, raising concerns about increased surveillance and potential for deportation among visa and green card holders. These actions create uncertainty and fear within immigrant and student communities.