US Gold Card Visa: Can Trump's $5 million 'gold card', worth Rs 43.60 crore, make your route to US citizenship easy? Know how it will work

US Gold Card Visa: There are certain charms in this world that enthral people globally—one is to scale Mount Everest, visit the Taj Mahal, the Pyramid of Giza, Niagara Falls, the Statue of Liberty, or the Burj Khalifa, or traverse Russia from one corner to another through the Trans-Siberian Railway.

But a charm of equal intensity that has garnered the attention of ambitious individuals from around the world is US citizenship.

But it can be yours if you are able to invest $5 million in the US. Is it?

You read it right!

It is Rs 43.59 crore as per the rupee exchange rate today (Thursday, February 27, 2025).

US citizenship seems to cost an arm and a leg.

But this is how much one needs to invest to clear their path to US citizenship under US President Donald Trump's gold card scheme.  

US gold card

The gold card scheme replaces the existing EB-5 visa program, which was started in 1990.

The EB-5 program granted US residency to foreigners if they made a minimum investment of $1,050,000 (Rs 9.15 crore) or $800,000 (Rs 6.98 crore) for economically distressed areas.

The EB-5 program has long drawn criticism due to allegations of abuse and fraud with businesses, including those linked to Trump's family members, using it to fund their property developments.

US gold card details will be released soon: Trump

Trump said that the gold card will provide the privileges of a green card. He said that the gold card would be the route to American citizenship. The US president also suggested that the wealthy people would come to the US by buying the gold card.

Can Russian oligarchs get Russian citizenship through Us gold card ?

When a reporter asked Trump whether Russian oligarchs would qualify for the green card, he said that it is possible that some Russian oligarchs would qualify for it. "Yeah, possibly. Hey. I know some Russian oligarchs that are very nice people.”