President Trump announced his intention to terminate the EB-5 Immigrant Investor Program and introduce a new “Gold Card”

EB-5 visa for investors requires a minimum investment of $8,00,000, while the ‘Gold Card' announced by Trump will necessitate a minimum commitment of $5 million. However, clarity is awaited on the specifics of the new scheme.

Commerce Secretary Howard Lutnick said he, Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem will work on an “EB-5 investment model,” since they are “the best people