Wealthy foreigners willing to pay about $5m, Russian oligarchs potentially among them, will soon be able to apply for a visa to live in the United States courtesy of what is being billed as the “Trump gold card”.
US president says new visa program would be open to Russian oligarchs, some of whom ‘are very nice people’.
It would replace the current EB-5 immigrant investor visa program which allows individuals to reside in the US in return for job-creating investments of at least $1m or $800,000 in distressed parts of the country.
The new Trump gold card will be created at a time when the president is devoting much of his time to deporting millions of undocumented immigrants.
Donald Trump announced the new visa program from the Oval Office on Tuesday night, saying it could start in about two weeks.
