On June 12, 2025, the Trump Administration launched a new website inviting individuals to express preliminary interest in a proposed immigration initiative informally referred to as the “Trump Gold Card.” This new program, if implemented, would offer permanent residency in the United States to foreign nationals willing to make a significant financial investment of $5 million.
The official site, https://trumpcard.gov, contains a picture of what the card is expected to look like, and provides a waitlist form where interested parties need to submit the following details:
- Full name;
- Region of residence (options include: Europe, North America, Asia [including the Middle East], Oceania, Central America, South America, Caribbean, or Africa);
- Intended beneficiary (e.g., the applicant themselves, their spouse, family, or others); and
- Email address.
President Trump first introduced the concept of the Gold Card in February 2025, positioning it as a potential replacement for the existing EB-5 Immigrant Investor Program. Under the current EB-5 structure, foreign investors may apply for permanent residency by investing approximately $1 million (or less in targeted employment areas) in a U.S. enterprise that creates or preserves American jobs. The proposed Trump Gold Card would raise the minimum investment threshold to $5 million and may, according to preliminary statements, offer a more streamlined path to permanent residency for ultra-high-net-worth individuals.
In his announcement, President Trump described the initiative as a means of attracting “wealthy individuals who will spend a lot of money, pay a lot of taxes, and employ a lot of people” in the United States. Critics, however, have expressed skepticism regarding the legal feasibility of such a program, particularly in the absence of Congressional involvement and authorization.
At this time, the federal government has not released formal policy documents, legislation, or regulatory guidance regarding the Trump Gold Card. Key questions remain unanswered, including whether the program would require specific investment in U.S. businesses, job creation benchmarks, or other eligibility criteria similar to the EB-5 program—or whether a direct payment to the U.S. Treasury would satisfy the requirements.
As one of the pioneering firms in the field of investor immigration, Wildes & Weinberg has a long-standing history of involvement in shaping and advising these programs. Notably, our Founding Partner, Leon Wildes, testified before Congress in support of the EB-5 Program during its initial development. We have since remained at the forefront of legal developments in this area.
We are actively monitoring all developments related to the proposed Trump Gold Card and will continue to assess the legal and procedural implications of any future immigration investor programs. Should the Gold Card program move forward, our firm will be fully prepared to advise and represent individuals and families interested in pursuing this new path to permanent residency in the United States.
For inquiries or to schedule a consultation regarding investor-based immigration options, please contact our office at michael@wildeslaw.com.