The Trump administration recently proposed a $5 million “Gold Card” visa, offering U.S. residency and a path to citizenship in exchange for a direct payment rather than an investment. This raises crucial questions about its impact on the existing EB-5 investor visa program and whether investors should act now before potential changes.
Gold Card vs. EB-5: Key Differences
- Cost: The Gold Card requires $5 million, significantly higher than EB-5’s $800,000–$1.05M investment threshold.
- Investment vs. Payment: EB-5 requires job creation, while the Gold Card appears to be a one-time fee with no economic contribution requirement.
- Processing: EB-5 has a structured process with a proven track record, while the Gold Card is still a proposal with uncertain details.
Will the Gold Card Replace EB-5?
The Trump administration wants to eliminate EB-5 and replace it with the Gold Card, calling the current program outdated. However, since EB-5 was created by Congress, it cannot be unilaterally canceled without legislative approval. This means:
- EB-5 will likely remain in place for now, at least until its scheduled expiration in 2027.
- The Gold Card may launch in parallel rather than replacing EB-5 immediately.
- Investors filing under EB-5 now are grandfathered in, ensuring continued processing even if the program later changes.
When Will the Gold Card Be Available?
Trump suggested a quick launch within weeks, but this is unlikely. No formal regulations exist yet, and if congressional approval is needed, the process could take months or years. Investors considering the U.S. should not delay their plans in hopes of this new visa, which may face legal and political hurdles.
Why EB-5 Investors Should Act Now
- Lower Cost: EB-5 is much cheaper ($800K–$1.05M vs. $5M).
- Proven Program: Unlike the uncertain Gold Card, EB-5 exists and functions today.
- Security: EB-5 investors will be protected even if the program sunsets or is altered in 2027.
- Avoid the Rush: Future program changes may cause application backlogs and increased investment thresholds.
Final Thoughts
While the Gold Card is just a proposal, EB-5 is an active and reliable path to U.S. residency. The safest strategy for investors is to apply now under existing rules before any changes occur. Waiting could mean higher costs, more restrictions, or missed opportunities.
If you’re considering U.S. residency through investment, now is the time to act. Contact us today to secure your place in the EB-5 program before potential policy shifts take effect.