Skip to Main content

15.34°^C Vancouver

News Entertainment 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

police-cleared-in-fatal-2024-shooting-of-woman-in-surrey-b-c

Police cleared in fatal 2024 shooting of woman in Surrey, B.C.

British Columbia's independent police watchdog says an officer was justified in using lethal force in the fatal shooting of a woman threatening her baby.The Independent Investigations Office says in a report released Friday that on Sept. 19, 2024, the Surrey, B.C., officer shot the woman who was holding scissors to her baby's neck.The report says the situation was made worse because the woman spoke little to no English, and there were no Spanish speaking services available other than the use of Google translate.Police had responded to a call after someone reported the woman breaking things and

vpd-investigates-pedestrian-fatality

VPD investigates pedestrian fatality

Vancouver Police are investigating a pedestrian fatality that occurred last night, and are asking anyone with information to call police. The pedestrian, a 38-year-old man, was struck by a white Tesla at the intersection of Terminal Avenue and Western Street September 25 just before 8:30 p.m. Despite life-saving attempts from first responders, the pedestrian died at the scene. The driver of the Tesla remained at the scene. Speed and impairment are not considered factors in the collision. Anyone with information is asked to call VPD’s Collision Investigation Unit at 604-717-3012.

canada-not-part-of-mass-walkout-when-israel-pm-netanyahu-spoke-at-un-general-assembly

CanadaSep 26, 2025

Canada not part of mass walkout when Israel PM Netanyahu spoke at UN General Assembly

Canada was not part of a mass walkout this morning during Israeli Prime Minister Benjamin Netanyahu's address to the United Nations General Assembly. The office of Canadian Ambassador Bob Rae says he remained seated during Netanyahu's address as dozens of diplomats from other countries walked out of the chamber. The official presiding over the speeches had to call for order multiple times as delegations, including many from developing countries, rose to leave the room. In his speech, Netanyahu said the "disgraceful decision" by countries like Canada to recognize a Palestinian state will encour

talks-to-resume-between-b-c-government-and-its-public-service-union

Talks to resume between B.C. government and its public service union

Talks are resuming between the union representing British Columbia's public service workers and the provincial government. Paul Finch, president of the BC General Employees' Union, says the government has reached out to the union saying it has a new offer and negotiations will start again on Monday. Finch says union pickets will remain up. The union has been conducting escalating strike action over the last four weeks, with up to 15,000 workers conducting job actions including picketing and overtime bans. Finch told a gathering in Victoria that there has been unprecedented level

WorldSep 26, 2025

Transportation Department tightens noncitizen truck driver rules after fatal crash in Florida

The Transportation Department will immediately tighten up the requirements for non-citizens to get commercial drivers licenses after three fatal crashes this year in Florida, Texas and Alabama that officials say were caused by immigrant truck drivers who never should have received licenses. The nationwide audit of these licenses began after a fatal U-turn crash in Florida that killed two people caused by a truck driver who officials said was in the country illegally. Transportation Secretary Sean Duffy said also threatened to revoke $160 million in federal funding for California because inve

Related News

Transportation Department tightens noncitizen truck driver rules after fatal crash in Florida

Transportation Department tightens noncitizen truck driver rules after fatal crash in Florida

The Transportation Department will immediately tighten up the requirements for non-citizens to get commercial drivers licenses after three fatal crashes this year in Florida, Texas and Alabama that officials say were caused by immigrant truck drivers who never should have received licenses. The nationwide audit of these licenses began after a fatal U-turn crash in Florida that killed two people caused by a truck driver who officials said was in the country illegally. Transportation Secretary Sean Duffy said also threatened to revoke $160 million in federal funding for California because inve

Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks

Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks

President Donald Trump is putting import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1. Trump said Thursday on his social media site that foreign manufacturers of furniture and cabinetry were flooding the United States with their products and that tariffs must be applied ``for National Security and other reasons.'' Trump said that foreign-made heavy trucks and parts are hurting domestic producers.

Paris court sentences Nicolas Sarkozy to 5 years in prison for criminal conspiracy

Paris court sentences Nicolas Sarkozy to 5 years in prison for criminal conspiracy

A Paris court has sentenced former French President Nicolas Sarkozy to five years in prison for criminal conspiracy. The court found him guilty of attempting to finance his 2007 campaign with funds from Libya. Sarkozy, who is 70, will be incarcerated even if he appeals. He has denounced the ruling as a scandalous injustice and plans to appeal. The court also found two of his former ministers guilty of criminal association. However, the court cleared Sarkozy of charges including passive corruption and illegal campaign financing. Despite legal scandals, Sarkozy remains influential in French po

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital