Former President Donald Trump unveiled a plan to sell a “gold card” visa for $5 million, granting green card privileges without requiring job creation. While similar to the EB-5 program, which requires investment-linked job creation, the new visa would function purely as a pay-to-play system.
Immigration attorney Zabrina Reich noted that wealthy applicants may be limited unless tax incentives are included.
Critics question vetting procedures and whether the plan would replace EB-5. Trump claims sales could start next week, but major immigration changes typically require congressional approval.
FingerLakes1.com is the region’s leading all-digital news publication. The company was founded in 1998 and has been keeping residents informed for more than two decades. Have a lead? Send it to news@fingerlakes1.com.