Trump’s US$5m ‘gold card’ visa offers residency, bragging rights, and a passport to the ultra-rich — some oligarchs may apply

Trump’s US$5m ‘gold card’ visa offers residency, bragging rights, and a passport to the ultra-rich — some oligarchs may apply
Trump’s US$5m ‘gold card’ visa offers residency, bragging rights, and a passport to the ultra-rich — some oligarchs may apply

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Nevin Al Sukari - Sana'a - US President Donald Trump holds ‘The Trump Card’ as he speaks with journalists onboard Air Force One en route to Miami April 3, 2025. — Reuters pic

WASHINGTON, April 4 — US President Donald Trump unveiled the first “gold card”, a residency permit sold for US$5 million (RM22.1 million) each, aboard Air Force One yesterday.

Holding a prototype that bore his face and an inscription “The Trump Card”, the Republican president told reporters that the special visa would probably be available “in less than two weeks”.

“I’m the first buyer,” he said. “Pretty exciting, huh?”

Trump previously said that sales of the new visa, a high-price version of the traditional green card, would bring in job creators and could be used to reduce the US national deficit.

The billionaire former real estate tycoon, who has made the deportation of millions of undocumented migrants a priority for his second term, said the new card would be a route to highly prized US citizenship.

He said in February that his administration hoped to sell “maybe a million” of the cards and did not rule out that Russian oligarchs may be eligible. — AFP

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