United States President Donald Trump on Thursday unveiled a new, high-priced residency visa dubbed the “Trump Card,” which will grant legal U.S. residency to foreign buyers for $5 million each.
The announcement was made aboard Air Force One, where Trump proudly displayed a gold prototype featuring his face and the label “The Trump Card.”
“I’m the first buyer,” Trump told reporters. “Pretty exciting, huh?” He added that the visa could be available “in less than two weeks.”
The new visa is being promoted as a premium version of the traditional green card, aimed at attracting wealthy individuals and investors. Trump claims the initiative could boost the U.S. economy by attracting job creators and providing a new revenue stream to help reduce the national deficit.
The move is a striking contrast to Trump’s tough stance on immigration. Throughout his presidency and campaign for a second term, he has called for the mass deportation of undocumented migrants. Yet, the “Trump Card” offers a golden gateway to U.S. citizenship for those who can afford it.
In February, Trump said the administration hoped to sell “maybe a million” of the cards and did not rule out eligibility for Russian oligarchs or other foreign elites.
Critics have raised concerns that the plan creates a pathway to citizenship based on wealth, while millions of immigrants struggle through years-long legal processes. Still, Trump’s team argues the program will inject billions into the economy and enhance the country’s global competitiveness.
The announcement comes amid a series of headline-grabbing moves by Trump this week, including a sharp increase in tariffs on Chinese and European imports and claims that a TikTok ownership deal is “very close.”
