Trump launches $5 million 'Gold Card' visa program

President Trump has introduced a new visa called the "Gold Card." This $5 million visa aims to replace the current EB-5 program. The goal is to attract wealthy investors to help boost the US economy and reduce the national debt. Golden Visa programs around the world offer residency or citizenship in exchange for large investments. Countries like Malta, Greece, and Italy have their own versions. These visas are popular with high-net-worth individuals who seek benefits like visa-free travel and tax advantages. In Malta, investors can gain residency by investing at least €738,000. This includes contributing to the national development fund. Greece offers residency to non-EU investors who buy property worth at least €250,000, allowing for travel within the Schengen Zone. After seven years, they can apply for citizenship. Italy requires a minimum investment of €250,000 for its Golden Visa. This lets investors live, work, and study in the country. Spain's program grants residency through a real estate investment of at least €500,000, and it also allows free movement throughout the EU. Portugal offers a Golden Visa for a minimum real estate investment of about €280,000. Investors can apply for citizenship after five years of residency. Meanwhile, the UAE provides a 10-year renewable Golden Visa for property owners and talented individuals, requiring an investment of at least AED 10 million. Turkey offers citizenship through a real estate investment of at least $400,000. Canada has a Start-Up Visa Program for entrepreneurs, allowing permanent residency if their business is approved. Applicants must meet language and financial requirements. Finally, New Zealand’s Active Investor Plus Visa requires a minimum investment of NZD 15 million. Investors can obtain citizenship after five years, with specific residency rules. Overall, these Golden Visa programs attract international investors seeking new opportunities.