From CNBC.

On February 25, U.S. President Donald Trump proposed a $5 million ‘gold card’ visa, offering wealthy foreigners U.S. permanent residency and a path to citizenship. The new proposal would replace the current EB-5 program, which grants U.S. residency for job-creating investments. Watch the video to find out more about the new visa program, the appeal of similar golden visas around the world, and lingering legal questions around the president’s ‘gold card’ proposal.

Reporting by: Robert Frank
Produced by: Jeff Huang
Edited by: Darren Geeter
Managing Producer: Anuz Thapa
Additional Footage: Getty Images

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What Trump’s $5 Million ‘Gold Card’ Visa Means For Rich Immigrants