Trump proposes $5 million gold card for citizenship

Trump proposes $5 million ‘gold card’ to replace EB-5 visa for foreign investors seeking US citizenship.

Published

11 months ago

February 26, 2025

ticker NEWS

President Trump proposes $5 million ‘gold card’ to replace EB-5 visa for foreign investors seeking US citizenship.

In Short

Trump proposes a $5 million “gold card” for citizenship, replacing the EB-5 visa to attract wealthy foreign investors. The plan aims to streamline immigration and tackle fraud, with more details expected soon.

U.S. President Donald Trump has proposed a new pathway to citizenship involving a $5 million “gold card.”

The idea would replace the current EB-5 immigrant investor visa programme, which permits foreign investors to gain U.S. residency by investing in U.S. businesses.

Trump stated this gold card would offer green card privileges and serve as a route to American citizenship.

He indicated that wealthy individuals could obtain this card and hinted at the potential eligibility of Russian oligarchs.

Fun of fraud

Commerce Secretary Howard Lutnick criticized the EB-5 programme, labelling it full of fraud and suggesting the gold card would eliminate such issues.

Details regarding the gold card scheme are expected to be released in two weeks.

The EB-5 programme has been in place since 1990 and aims to stimulate the U.S. economy through job creation by foreign investment.

Historically, it has faced scrutiny and criticism, leading to calls for reform.

Trump’s announcement provokes discussions around immigration policy and foreign investment in the U.S.

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

Published

5 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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News

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

6 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

News

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

6 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