President Donald Trump announced on Wednesday (December 10) that his long-promised "gold card" was officially going on sale, offering legal status and an eventual pathway to US citizenship for individuals paying USD 1 million and corporations ponying up twice that per foreign-born employee.

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A website accepting applications went live as Trump revealed the start of the programme while surrounded by business leaders in the White House's Roosevelt Room. It is meant to replace EB-5 visas, which Congress created in 1990 to generate foreign investment and had been available to people who spend about USD 1 million on a company that employs at least 10 people.

Pitches premium residency

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