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Trump’s Golden Path to America: A Green Card for Billionaires

With a $5 million price tag, Trump is offering direct access to the U.S.—but who’s actually buying in?

Mikkel Preisler
By Mikkel Preisler 2. June 2025

Jet-Set Skips the Line

President Donald Trump’s new “Gold Card” program has immigration attorneys’ phones ringing around the globe.

For a neat sum of $5 million, foreign millionaires can secure permanent residency in the United States—without any requirement to invest or create jobs.

Unlike the established EB-5 visa, which mandates job-creating investments, the Gold Card functions purely as a cash donation to the U.S. Treasury.

“Five million dollars is less than what most of my clients spend on jet fuel,” says immigration attorney Matthew Kolken. “In reality, it’s underpriced.”

VIP Status and Tax Perks

It’s not just the freedom to live in the U.S. that’s appealing. According to immigration attorney Mona Shah, the symbolic value and status the card represents are also major draws. Many envision VIP perks and privileges—from airport fast tracks to access to lucrative lending programs.

Gold Card holders would also be taxed only on their U.S. income, making the program financially attractive to the ultra-wealthy.

“They think this is a first-class visa, red carpet and all,” says Shah.

Ethical Firestorm and Legal Loopholes

President Trump has promoted the program as a fix for the U.S. budget deficit. “If we sell a million cards, we make $5 trillion,” he said. But experts estimate the actual number of applicants will be in the low thousands. The initiative also raises serious ethical and legal concerns. Critics point out the contradiction of selling green cards while ramping up deportations and tightening asylum policies.

“Gold Card is capitalism in its purest form,” Shah says. “You buy your way in while others are being deported.”

Trump has promised thorough background checks, but his comment that “some Russian oligarchs are very nice people” hasn’t eased critics’ concerns.

A Sparkling Green Card

While other countries—like Malta and Spain—have scrapped similar programs following criticism, Trump is bucking the trend.

His goal: to attract wealth and reduce the national deficit. It remains unclear whether Congress must approve the initiative, but the president insists it’s legal.

The Gold Card program is still shrouded in uncertainty, but one thing is clear: In Trump’s America, the path to residency is paved with gold—and dollars.

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