Bernard Wolfsdorf

By: Bernard Wolfsdorf On Tuesday February 25, 2025, President Trump enthusiastically explained his plan to issue a new Gold Card that would allow as many as one million investors to invest “about $5 million” to obtain a green card leading to U.S. citizenship. “With ten million investors”, he calculated “the US could pay off its entire national debt and still have a $15 trillion surplus.” Pretty cool. Let’s set aside the fact that this was not an Executive Order, and merely an Oval Office musing that may have been designed as a headline grabbing endeavor to give out between one million and ten million green cards to high net worth investors. Since each investor has on average has about 2.5 additional family members, that is spouses and children, meaning that he is thinking of admitting as many as thirty million new investor immigrants. What President Trump Got Right President Trump’s “Gold Card” U.S. resident concept removes the biggest problem with the 35 year old congressionally mandated