U.S. President Donald Trump said on Tuesday (February 25) he wants to begin selling gold cards for $5 million to foreigners who want to move to the U.S. and create jobs.
Trump said the immigration program, which he said was legal, could start in about two weeks. He added it is possible Russian oligarchs could qualify for the gold cards.
The "EB-5" program granted "green cards" to foreigners promising to invest in U.S. businesses.
Trump said the program will be replaced with a so-called "gold card" that people will be able to buy for about $5 million from the U.S. government.
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