Trump Plans ‘Gold Card’ Alternative to Green Cards for ‘High Level People’

President Trump on Tuesday previewed his plans for a new visa program he was calling the gold card, describing it as “somewhat like a green card, but at a higher level of sophistication.”

The blingy new program would allow “very high-level people” a new “route to citizenship,” Mr. Trump said. The price tag, he said, would be about $5 million.

{snip} His commerce secretary, Howard Lutnick, filled in some of the details.

Mr. Lutnick explained that “the Trump gold card,” as he called it, would replace the EB-5 visa program, which similarly provides a pathway to citizenship for wealthy foreign investor types but has been an avenue for fraud. Mr. Lutnick implied that the administration would be more discerning as to who might qualify for a gold card {snip}

“We’re going to make sure they’re wonderful world-class global citizens,” Mr. Lutnick said.

{snip}

“We’ll be able to sell maybe a million of these cards, maybe more than that,” Mr. Trump said. {snip}