<h5>New announcement by Donald Trump.</h5><p>What can you do with $5 million (Rs 43,54,51,250)? You could buy lots of video games, a giant pizza, and travel the world! But now, you can also live in the USA with this money.</p><p>President Donald Trump announced a new visa called the "gold card." This will let rich foreigners live and work in the USA and can even apply to become citizens. But there’s a big rule—you must pay $5 million!</p><p>Trump said the gold card will be ready in two weeks, and many people might apply.</p><figure class="image"><img src="https://storage.googleapis.com/newsahoot.appspot.com/Trump_f482050c63.jfif" alt="Trump.jfif"><figcaption>Donald Trump. Photo by The White House.</figcaption></figure><h5>The “gold card” will replace another visa program.</h5><p>This new visa will replace an older visa called the EB-5 visa. The EB-5 visa was started in 1990. It allowed people to live in the USA if they invested money and created jobs.</p><p>Right now, a person can get an EB-5 visa by investing $1 million (Rs 8,71,85,050) and creating at least 10 jobs. This gives them a green card and a chance to stay in the USA.</p><h5>Why is the EB-5 visa program being replaced?</h5><p>The US government says the EB-5 visa had problems.</p><ul><li>It was too cheap for rich people.</li><li>Some people misused it to enter the USA.</li><li>There were fraud risks (some money came from bad sources).</li></ul><p>A report in 2021 found that some EB-5 visa applicants could not prove where their money came from.</p><h5>Requirement for the “gold card.”</h5><p>Donald Trump said this visa is for rich people only. There is no rule about creating jobs. But, the US government says they will check applicants’ backgrounds carefully.</p><h5>Why are such “gold cards or gold visas” controversial?</h5><p>Some people think this visa could be misused. Some could use it for fraud or illegal money.</p><p>Because of these problems, countries like the United Kingdom, the Netherlands, and Greece stopped their golden visas.</p>

President Donald Trump announced a new "gold card" visa for wealthy foreigners, allowing them to live and work in the USA for $5 million.

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