Skip to Main content

24.33°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

Feb 26, 2025 7:12 PM - Connect Newsroom

Trump Announces Introduction of Gold Card Visa, Replacing EB-5 Visa

Share On

trump-announces-introduction-of-gold-card-visa-replacing-eb-5-visa

Under the new system, obtaining US citizenship will cost five times more than before. Wealthy foreigners will be able to acquire the Gold Card Visa for $5 million.(Photo: The Canadian Press)

US President Donald Trump has announced the launch of the Gold Card Visa, which will replace the 35-year-old EB-5 visa program. Under the new system, obtaining US citizenship will cost five times more than before. Wealthy foreigners will be able to acquire the Gold Card Visa for $5 million.

Trump stated that the US will offer Gold Cards to affluent foreigners, granting them the right to live and work in the US, with a pathway to citizenship in exchange for a $5 million fee. Under the previous EB-5 visa, applicants had to invest at least $1 million in a business that created a minimum of 10 jobs in the US and wait five to seven years for citizenship.

With the new Gold Card Visa, the job creation requirement has been eliminated, and applicants will be able to obtain citizenship more quickly. Trump confirmed that the Gold Card Visa will be available in about two weeks.

Latest news

new-westminster-police-officers-help-rescue-15-residents-from-apartment-fire

New Westminster police officers help rescue 15 residents from apartment fire

New Westminster Police Department officers helped rescue 15 residents from a burning apartment building Thursday evening after spotting smoke while working nearby, according to the police department. Police said officers were in the 800 block of 5th Avenue at about 6 p.m. when they became aware of the fire. As they approached the building, they saw several older adults leaning out of windows to avoid the smoke. According to a New Westminster Police Department news release, officers entered the building alongside crews from New Westminster Fire and Rescue Service and assisted 15 residents to sa

Coquitlam man faces six firearms charges following Surrey and Coquitlam searches

A 35-year-old Coquitlam man is facing six firearms-related charges after a joint investigation by B.C.'s anti-gang police and the Surrey RCMP Provincial Operations Support Unit. According to the Combined Forces Special Enforcement Unit of British Columbia (CFSEU-BC), the investigation began in June. On July 16, officers executed search warrants at two residences in the 11500 block of 141A Street in Surrey and the 4300 block of Quarry Road in Coquitlam. Police said investigators seized several firearms during the searches, including two Beretta handguns. Officers arrested Sadiq Azimali Daya at

man-dies-after-fleeing-surrey-traffic-stop-struck-by-vehicle-on-highway-10

Man dies after fleeing Surrey traffic stop, struck by vehicle on Highway 10

A man died after being struck by a vehicle while fleeing on foot following a traffic stop in Surrey late Thursday night, according to the Surrey Police Service. Police said an officer stopped a westbound vehicle for a traffic enforcement check at about 11 p.m. in the 15600 block of 56 Avenue, along Highway 10. The driver then exited the vehicle and fled on foot. According to the Surrey Police Service, the man was crossing the roadway when he was struck by an eastbound vehicle. Surrey police officers, Surrey Fire Service crews and BC Emergency Health Services paramedics attempted life-saving me

suspect-arrested-after-firearm-reported-at-new-westminster-shopping-centre

Suspect arrested after firearm reported at New Westminster shopping centre

A suspect is facing potential charges after allegedly brandishing a firearm at a patron outside a coffee shop in New Westminster on Wednesday morning, according to the New Westminster Police Department. Police said officers responded to a 9-1-1 call at about 6 a.m. on July 30 after receiving reports that a person had pointed a firearm at someone seated on the patio of a business in the Columbia Square shopping centre. Investigators determined the suspect fled across Columbia Street, passed through a hole in a fence and crossed nearby railway tracks. Officers searched the area with assistance f

b-c-supreme-court-strikes-down-parts-of-mental-health-act-allowing-treatment-without-consent

B.C. Supreme Court strikes down parts of Mental Health Act allowing treatment without consent

The B.C. Supreme Court has ruled that portions of the province's Mental Health Act that allow patients to receive psychiatric treatment without their consent are unconstitutional, giving the provincial government six months to amend the legislation. Justice Lauren Blake found that British Columbia was the only province in Canada where patients could be subjected to psychiatric treatment without an assessment of their decision-making capacity. The court concluded that the provisions violate constitutional protections. The ruling comes as the B.C. government is pursuing plans to expand involunta

Related News

25 killed, 44 injured after passenger bus overturns in Algeria

25 killed, 44 injured after passenger bus overturns in Algeria

At least 25 people were killed and 44 others injured after a passenger bus overturned in Algeria's Boomerdes province on Friday, according to the country's Civil Protection Agency. Officials said the injured were transported to nearby hospitals for treatment following the crash. Authorities have not released details on what caused the bus to overturn. Algerian Prime Minister Sifi Ghrieb visited Boomerdes University Hospital to meet with those injured in the crash and assess the situation, according to officials. The cause of the crash has not been officially determined. Authorities said an inv

Four bodies recovered after Broad Peak avalanche as search continues for missing climbers

Four bodies recovered after Broad Peak avalanche as search continues for missing climbers

Pakistani rescue teams have recovered four bodies from the site of an avalanche on Broad Peak, where 10 international climbers were reported missing, according to two senior Pakistani government officials. The officials, who spoke on condition of anonymity because they were not authorized to speak publicly, said search operations continued Friday for the remaining six missing climbers. Recovery efforts have been hampered by severe weather in the mountainous region. Authorities have not identified the four people whose bodies were recovered. According to Pakistani officials, teams are working t

More than 100 aftershocks follow powerful earthquake in Japan's Kyushu region; death toll rises to 13

More than 100 aftershocks follow powerful earthquake in Japan's Kyushu region; death toll rises to 13

Rescue crews in Japan's Kyushu region continued search operations Wednesday after a magnitude 6.8 earthquake triggered more than 100 aftershocks, leaving at least 13 people dead, according to Japanese authorities. The hardest-hit areas include Kumamoto Prefecture, where emergency crews are searching through the rubble of a paper factory and a shopping mall despite high temperatures. Authorities said the damage worsened after an explosion occurred at the shopping mall about an hour after the initial earthquake. Japanese Prime Minister Sanae Takaichi said rescue efforts remain focused on reachin

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Broadcasting Notice of Consultation

BC Children's Hospital