Trump Launches $5M "Trump Card" Program for Wealthy Immigrants Seeking U.S. Residency

President Donald Trump has unveiled an official website for his "Trump Card" initiative—a pathway offering wealthy foreigners a chance to secure U.S. residency for $5 million. In a social media post, Trump invited applicants to join a waitlist, claiming high demand for the program.

"Thousands are asking how to gain access to the greatest country and market in the world," Trump wrote, declaring that "the Trump Card is coming."

What Is the "Trump Card"?

First announced in February as a "Gold Card," the program targets affluent individuals looking to bypass traditional immigration routes. Trump has billed it as a "more sophisticated" alternative to the standard green card, though critics question its legality.

The website features a mock-up of the card adorned with Trump’s portrait, the Statue of Liberty, and a bold "5M" insignia. For now, applicants can only submit their contact details to be notified when applications open.

How to Apply

Prospective candidates must provide:

• Full name;
• Applicant type (individual, business, etc.);
• Region of origin (Europe, Asia, North America, etc.);
• Email address to join the waitlist.

Legal and Political Challenges

Immigration experts argue that Trump lacks the authority to unilaterally create such a program, as new visa categories require congressional approval. The administration may attempt to use "parole" powers—previously employed by Biden for humanitarian entry—but this approach faces legal scrutiny.

Additionally, skeptics doubt whether wealthy investors would risk $5 million on a residency status that could be revoked.

Replacing the EB-5 Visa?

Trump has positioned the Trump Card as a successor to the EB-5 investor visa, which he claims is "full of fraud." He estimates selling 1 million cards, potentially raising $5 trillion for the U.S. economy.

However, analysts warn that the plan’s feasibility hinges on overcoming legislative hurdles and market skepticism.