Trump proposes $5 million 'gold card' for wealthy investors, including Russians

US President Donald Trump said on Tuesday that he plans to offer a "gold card" granting wealthy applicants a path to citizenship at a price of $5 million (€4.76 million), replacing an investor visa that has existed for 35 years.

Describing the people he wanted to see apply, Trump told an Oval Office press conference: "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."