Trump’s ‘Gold Card’ Visa: $5M for a US Green Card?

Trump recently announced a ‘Gold Card’ visa—put $5 million into the US and get permanent residency. Sounds like a game-changer? Maybe. The US already had the EB-5 visa, which let investors in for $1M (or less), as long as they created job opportunities. So, what’s different now? The details of the Gold Card are still unclear, but one thing’s for sure—it’s a steep price. Compared that to Europe, where residency can cost as little as €200K. Even the UAE and Singapore offer attractive alternatives, and are closer to India. With 4,300 Indian millionaires moving abroad in 2024, will this new visa tempt more? Or are there better deals out there?