U.S. President Donald Trump has announced a new "gold card" program, offering U.S. green card residency and a path to citizenship for $5 million.
The initiative aims to replace the EB-5 investor visa program, which he criticized as fraudulent.
Trump predicts selling one million cards, claiming it will help pay down the national debt.
Critics warn of potential favoritism for wealthy foreign elites, including Russian oligarchs.
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