The president has said the visas would cost $5 million.
The Trump administration has launched a new website for people interested in so-called “gold card” visas, which the president has said would grant citizenship in exchange for millions of dollars.
The website, TrumpCard.gov, states that “the Trump card is coming” and encourages people to enter their information in order to be notified when applications open.
A picture of the card shows President Donald Trump’s face and a figure of $5 million.
People can enter their name, area of residence, and email.
“Thousands have been calling and asking how they can sign up to ride a beautiful road in gaining access to the Greatest Country and Market anywhere in the World,” Trump wrote on Truth Social, his social media network, on June 11.
Trump said in February that his administration was going to start selling the “gold card” visas so that wealthy people could legally enter the United States.
“They’ll be wealthy, and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it’s going to be extremely successful,” the president said at the time.
The visas are an updated version of the EB-5 investor visas, according to Commerce Secretary Howard Lutnick.
Under the EB-5 program, investors can apply for a green card if they invest in a commercial enterprise in the United States.
They must invest at least $1 million, or at least $800,000 in targeted employment areas, and create at least 10 full-time positions. The minimum required investment amount depends on the type of project.
The annual limit of EB-5 visas is 7.1 percent of the worldwide employment limit.
The gold card program does not fit within the Immigration and Nationality Act, the primary U.S. immigration law, the Center for Immigration Studies, which studies immigration laws, said earlier this year.
“The EB-5 program is one of the specified immigrant [visa] categories—the gold card program is not. An alien could not lawfully be admitted as an immigrant on the basis of having received a gold card,” George Fishman, a senior legal fellow with the nonprofit, wrote in a blog post. “Further, an alien could not become a naturalized citizen on the basis of having received a gold card, as a gold card would not provide lawful permanent residence.”
Fishman said it is unlikely that the program would survive scrutiny by the Supreme Court if it were challenged with a lawsuit, although justices could ultimately rule in favor of the president.
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