Donald Trump officially launched a "gold card" visa program at the White House, allowing wealthy foreign individuals to buy US residency for $1 million, with a "platinum card" version for $5 million also proposed.Commerce Secretary Howard Lutnick detailed the initiative, which offers permanent resident status and a path to citizenship, aiming to attract top talent and generate billions for the US Treasury.The program, replacing the
EB-5 program and including new H-1B visa fees, has drawn criticism for favoring elites and contradicting the US's traditional reputation as a refuge for the hardworking poor.