US President Trump Unveils ‘Gold Card’ Immigration Scheme: Implications for Indians

Quick Summary

• US President Donald Trump, 78, announced a new “Gold Card” set to replace the existing EB-5 visa program.
• The Gold Card will cost USD 5 million (approximately Rs 43.60 crore) and provide wealthy immigrants a route to US citizenship with privileges above the Green Card.
• Trump stated that the initiative targets wealthy individuals who will “pay lots of taxes,” contribute economically, and create jobs in America.
• The program is expected to launch in two weeks with millions of cards anticipated for sale.
• The Gold Card eliminates the existing EB-5 visa’s investment-related requirements but imposes stricter monetary qualifications.

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indian Opinion Analysis

The introduction of the “Gold Card” presents notable implications for high-net-worth individuals globally, including those from India. With its $5 million entry point replacing the EB-5 visa’s business investment mechanism,this policy raises financial barriers for aspirants seeking US residency or citizenship through investment pathways. For Indians previously eligible under EB-5 requirements, this shift could reduce accessibility given its steeper cost threshold.

While Trump’s administration projects economic benefits for America through higher tax revenues and increased consumer spending by wealthy immigrants, it remains critical to assess whether such exclusivity may limit diversity in immigrant backgrounds. Moreover, many indian investors might explore alternative residency programs elsewhere if they are unable or unwilling to meet these terms.