Former U.S. President Donald Trump has proposed a new $5 million ‘Gold Card’ visa program, offering a fast-track route to U.S. residency for wealthy investors. This initiative is expected to replace or complement the EB-5 investor visa, which has long been a popular choice for high-net-worth individuals, including Indian nationals. But what does this new visa mean for Indians looking to migrate to the United States?
What is the ‘Gold Card’ Visa?
The Gold Card visa is a U.S. residency program that grants foreign nationals a green card in exchange for a $5 million investment. Unlike the existing EB-5 visa program, which requires job creation and has a lower investment threshold, the Gold Card visa has no job creation requirement and provides an immediate pathway to permanent residency.
Key Differences: Gold Card Visa vs. EB-5 Visa
Feature
Gold Card Visa
EB-5 Visa
Investment Requirement
$5 million
$800,000 – $1.05 million
Job Creation Requirement
No
Yes, at least 10 jobs
Processing Time
Immediate
5-7 years for Indians
Backlog
No
Yes, significant backlog for Indians
Path to Citizenship
Fast-tracked
5-7 years after green card approval
Impact on Indian Nationals
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