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The United States is looking to attract wealthy immigrants looking for US citizenship through a new "gold visa" program. "It'll be people with money," Trump said outright, noting the visa is "something akin to a green card, but with a higher level of sophistication." The new path to citizenship will replace the current EB-5 visa program and require 5X the investment.
The EB-5 visa program was created in 1990 as a route to American citizenship for those willing to invest $1 million in an American company. Unlike a typical green card where the wait could take up to several years, those who applied for the EB-5 visa were granted immediate visas and were fast-tracked to eventual citizenship. The US State Department capped the program at 10,000 visas per year and set aside 3,000 for anyone willing to invest in an area facing a high rate of unemployment. This program was intended to boost job creation and stimulate the US economy through foreign investment.