Gold card visa is a new US residency program for investors who contribute $5 million investment in the US economy. It replaces the EB-5 visa and is designed to attract wealthy individuals to invest in US businesses, real estate or other economic sectors.
To qualify for this Gold Card Visa, applicants must need to invest $5 million (Rs 42.5 crore) in the US economy. This investment makes it one of the most exclusive ways for wealthy individuals around the world to get US residency.
This Gold card visa is totally different from EB-5 as it requires for job creation and on the other hand, Gold Card visa is based purely on investment, offering a faster and more straightforward path to residency.
The new visa program is expected to bring in significant revenue by attracting wealthy investors. Trump stated that it will create jobs, increase tax contributions, and support economic growth across the country.
The Gold Card Visa favors wealthy investors, making it harder for skilled professionals and Indian applicants. With a $5 million requirement, many Indian may struggle to qualify this requirement, worsening green card delays.
To apply for the Gold Card Visa, individuals must provide proof of a legal source of funds, meet financial eligibility criteria, and pass background checks. The U.S. Citizenship and Immigration Services (USCIS) will see the application process.
Gold Card Visa is expected to be available within two weeks of its announcement. Wealthy investors worldwide are likely to apply, making the process highly competitive.
