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Trump announces $5 million ‘Gold Card’ visa to replace EB-5 investor program

Published

11 months ago

February 28, 2025

New U.S. visa program aims to attract high-net-worth investors while eliminating fraud.

President Donald Trump has unveiled a new “Trump Gold Card” visa, a high-cost alternative to the existing EB-5 investor visa program, requiring a $5 million investment for a path to U.S. citizenship.

Announced from the Oval Office on Tuesday, the program aims to attract wealthy individuals who can contribute significantly to the American economy.

“They’ll be wealthy and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it’s going to be extremely successful,” Trump said.

Commerce Secretary Howard Lutnick confirmed that the Gold Card program will replace the EB-5 visa system, which has been in place since 1990 and currently allows foreign investors to gain residency by investing around $1 million and creating at least 10 jobs.

Lutnick argued that the new program will eliminate fraud and streamline the process by raising the financial threshold and ensuring only high-value investors are approved.

While the administration touts the program as a boost to economic growth, critics argue it favors the ultra-wealthy and raises concerns about accessibility and fairness in immigration policy.

The Gold Card visa is expected to launch within two weeks, with details still emerging on how it will impact current EB-5 applicants and future foreign investors.

Silicon Valley entrepreneur and U.S.-Vietnam relations advocate Allison Huynh joins Veronica Dudo to discuss.

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Ukraine and Russia set for U.S.-brokered peace talks in Abu Dhabi

Published

20 hours ago

February 2, 2026

Harvey Vargas

Ukrainian President Volodymyr Zelenskyy has confirmed that new peace talks with Russia will take place in Abu Dhabi later this week. The discussions are part of U.S.-led efforts to find a path toward ending the ongoing war.

Zelenskyy emphasised that Ukraine is prepared for meaningful dialogue aimed at achieving peace. The announcement comes after weeks of uncertainty over the timing of the meeting.

U.S. special envoy Steve Witkoff described prior discussions with Russian officials as productive, though major disagreements over territorial issues remain unresolved.

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Tensions rise as Iran threatens conflict and U.S. increases naval forces

Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.

Published

21 hours ago

February 2, 2026

Harvey Vargas

Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.

Iran has warned of a potential regional conflict if the U.S. launches an attack, while labelling European armies as terrorists. Supreme Leader Ayatollah Ali Khamenei insisted that threats from President Trump will not intimidate the Iranian people.

The U.S. has ramped up its naval presence in the Middle East in response to mounting threats, amid speculation over Iran’s next moves. Iranian officials have denied claims of imminent naval exercises in the Strait of Hormuz, adding to global uncertainty.

#MiddleEastCrisis #IranUS #Geopolitics #NavalTensions #Trump #AyatollahKhamenei #EuropeanUnion #GlobalConflict

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Carlos Alcaraz becomes youngest man to complete career Grand Slam

Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.

Published

21 hours ago

February 2, 2026

Harvey Vargas

Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.

Carlos Alcaraz has stunned the tennis world by winning the Australian Open, becoming the youngest man to complete a Career Grand Slam at just 22 years old.

The world number one beat Novak Djokovic in a thrilling four-set match, finishing 2-6, 6-2, 6-3, 7-5. Djokovic missed out on claiming his 25th Grand Slam title. To mark the milestone, Alcaraz revealed he plans to add a new tattoo of a kangaroo on his leg, joining his existing Eiffel Tower and Wimbledon strawberry tattoos.

#CarlosAlcaraz #AustralianOpen #GrandSlam #TennisHistory #NovakDjokovic #SportsNews #TennisTattoo #YoungChampion